Economy

In Kyrgyzstan, high GDP growth rates are maintained this year - EEC

At the meeting of the Eurasian Economic Commission, the Minister for Integration and Macroeconomics, Daniyar Imanaliev, reported that Kyrgyzstan plans to maintain high growth rates of gross domestic product (GDP) in 2025. During the discussion of the preliminary results of economic development in the Union countries for 2025, it was noted that three EAEU states are demonstrating impressive growth: Armenia (6 percent), Kazakhstan (6.3 percent), and Kyrgyzstan, which leads with a growth rate of

06.12.2025, 12:37

Economy / Exclusive

The National Bank sold $83 million on the foreign exchange market

On December 5, the National Bank of Kyrgyzstan carried out a large-scale currency intervention, selling 83 million US dollars on the domestic market. The regulator's press service provided details of the operation:

06.12.2025, 12:15

Economy

Benefits for jewelers, tailors, and when selling cars: the president signed the decree

Sadyr Japarov, the President of Kyrgyzstan, signed a decree titled "On Measures to Support Certain Sectors of the Economy." This information was announced by the press service of the head of state. The decree contains a directive for the Cabinet of Ministers to prepare and submit within a month a draft law on supporting the jewelry industry for consideration by the Jogorku Kenesh. In particular, this project should provide for tax benefits and preferences regarding the payment of

06.12.2025, 12:11

Economy

Kyrgyzstan Continues to Maintain Leadership in Cargo Transportation Growth in the EAEU

According to data presented by the Eurasian Economic Commission, Kyrgyzstan continues to lead in the growth of cargo transportation within the Eurasian Economic Union. These results were summarized based on the outcomes of the first three quarters of 2025. Comparison with the same period last year shows that passenger traffic in the EAEU increased by 0.6 percent. At the same time, the member countries demonstrated different growth rates: in Kazakhstan, the figures rose by 8.8 percent, in

06.12.2025, 11:04

Economy / Exclusive

A large-scale support program for the jewelry and sewing industries is being launched in Kyrgyzstan

President of the Kyrgyz Republic Sadyr Japarov has signed a decree regarding the support of certain economic sectors, particularly the jewelry and textile industries. This decree aims to support small and medium-sized enterprises and is based on Article 71 of the Constitution. The Cabinet of Ministers of the Kyrgyz Republic is tasked with: 1) preparing and submitting to the Jogorku Kenesh a draft law within a month, which should include:

06.12.2025, 11:01

Economy / Exclusive

In Jeti-Oguz, a fair was held: Which product was in the highest demand?

In the Jeti-Oguz district of the Issyk-Kul region, an agricultural fair was held, reports Turmush correspondent. The event was organized to provide local residents with the opportunity to purchase products produced by local farmers at reasonable prices.

06.12.2025, 10:20

Economy

Kyrgyzstan has purchased 270,000 doses of high-quality seed material

At a seminar organized for private veterinarians, insemination technicians, pasture specialists, and breeding farm managers, Zhanibek Kerimaliev, the First Deputy Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, emphasized important reforms in the livestock sector. This was reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic.

06.12.2025, 09:53

Economy

In 11 months, 562.5 tons of cargo violating phytosanitary standards were not allowed into the Kyrgyz Republic

According to the results of work from January to November 2025, the Department of Chemicalization, Plant Protection, and Quarantine reported 35 identified cases of non-compliance with phytosanitary requirements, which led to the return of 562.5 tons of cargo at the country's border. This information was announced by the press service of the Ministry of Agriculture of the Kyrgyz Republic. Among the detained cargo:

06.12.2025, 09:40

Economy

Rosatom plans to start construction of a wind farm in Kyrgyzstan in 2026

According to Nazarov, the main parameters, site, and connection schemes for the future station have already been established. Rosatom plans to build a wind power station with a capacity of 100 MW in the Issyk-Kul region of Kyrgyzstan in 2026. This information was announced by TASS following Nazarov's working trip to Dagestan.

06.12.2025, 09:38

Economy

In Ak-Tal, a new line will increase safflower oil production by 16 times

New modern equipment for filtering safflower oil has been delivered to the Ak-Talinsky district from Turkey. The delivery was made with the financial support of the UNDP program (UN GDP), as reported by entrepreneur Akylbek Abdildaev. According to him, the new production line will be able to produce up to 800 kg of safflower oil per day. Currently, the equipment is being installed, and soon the enterprise will begin full-scale operations.

06.12.2025, 09:15

Economy

Liquidation of Individual Entrepreneurs: Legal Nuances You Should Know

The State Tax Service of the Kyrgyz Republic has announced the start of the procedure for the forced liquidation of inactive legal entities and the annulment of individual entrepreneur (IE) registrations. This announcement was made by an official representative of the press service of the STS. The agency has published a list of inactive taxpayers. Territorial tax authorities will be able to initiate the forced liquidation process 30 days after the official publication of this list.

06.12.2025, 08:34

Economy

In Kyrgyzstan, over 4000 units of equipment are operating on MTS to assist farmers

Currently, there are about 4,000 units of agricultural machinery operating in the regions of Kyrgyzstan, belonging to 186 machine-tractor stations. Of these, 63 are municipal MTS, and 123 are private, reports the press service of the Ministry of Agriculture of the Kyrgyz Republic.

06.12.2025, 08:21

Economy

The project activities of the Turkic Investment Fund will begin in 2026.

The second meeting of the Board of Governors of the Turkic Investment Fund took place in Bishkek, as reported by the press service of the Ministry of Economy. At the meeting, it was decided that the organization's project activities will begin in the first quarter of 2026. This event will be an important step in implementing strategic initiatives and launching the fund's operations.

05.12.2025, 22:29

Economy

Kyrgyzstan and Pakistan Agree on Mutual Electricity Supplies

During the official visit of the President of Kyrgyzstan Sadyr Japarov to Pakistan, a meeting took place between the Minister of Energy of the Kyrgyz Republic Talaybek Ibraev and his Pakistani counterpart Sardar Awais Ahmed Khan Leghari. According to the press service of the Ministry of Energy of Kyrgyzstan, a memorandum of understanding regarding energy sector issues was signed during this meeting.

05.12.2025, 19:24

Economy

The CEC will not conduct a recount of votes in district No. 22

On December 5, the Central Election Commission for elections and referendums reviewed a request from the authorized representative of the political party "Yntymak" for a recount of votes in electoral district No. 22. The authorized representative submitted a request for a manual recount of ballots at all polling stations in the district and for the provision of official data on the voting results.

05.12.2025, 18:07

Economy

Repair of Manas Airport: What the Completed Section Looks Like and What Still Needs to Be Built

Since the beginning of summer, active reconstruction has been underway at the "Manas" International Airport, which, according to preliminary estimates, will take at least another six months. According to Altynbek Mambetov, the director of infrastructure and regional development at the OJSC "Airports of Kyrgyzstan," "passengers can now get from the turnaround to the terminal entrance in just 70-100 meters."

05.12.2025, 17:55

Economy

Kyrgyzstan and Pakistan Plan to Increase Annual Trade Turnover to 500 Million Dollars

To achieve this ambitious goal, significant work needs to be done Kyrgyzstan and Pakistan intend to increase the volume of mutual trade to 100 million dollars per year in the short term, and to 500 million dollars in the long term. These plans were announced after a meeting between the leaders of the two countries in Islamabad.

05.12.2025, 17:35

Economy

Minister of Finance: Kyrgyzstan's External Debt Decreased to 37 Percent of GDP

The Minister of Finance noted that there is a possibility of early repayment of part of the debt. According to statements by Almaz Baketaev, Kyrgyzstan's external debt has decreased to 37% of the gross domestic product (GDP).

05.12.2025, 17:25

Economy

CASA-1000 Remains an Important Project in Central Asia's Energy Sector

After its launch, Kyrgyzstan and Tajikistan will be able to earn up to 250 million dollars annually The CASA-1000 project continues to be significant in the energy sector of Central Asia, receiving substantial funding. At a recent meeting in Islamabad, the discussion of this project took center stage in negotiations between Kyrgyzstan and Pakistan.

05.12.2025, 16:55

Economy / Exclusive

How many Kyrgyz citizens have registered a self-ban on lending through "Tunduk"

According to data from the National Bank, from November 1 to December 5, 2025, 65,356 citizens of Kyrgyzstan used the self-ban on lending service available through the "Tunduk" mobile application. Starting from November 1, 2025, a new mechanism was implemented to enhance the financial security of citizens — the "Self-Ban on Lending." This tool was created to protect personal data from fraudsters.

05.12.2025, 16:40

Economy

The head of the Kyrgyz government assessed the construction of the tunnel on the KKU railway.

Photo of the Cabinet of Ministers of the KR Adylbek Kasymaliev, Chairman of the Cabinet of Ministers, visited the construction site of the tunnel on the strategic railway "China - Kyrgyzstan - Uzbekistan," located in Tash-Kutchu. This was reported by the government press service. During the visit, he was provided with information about the current state of construction work on this important infrastructure project.

05.12.2025, 16:30

Economy

The Central Bank of Russia has lifted limits on transfers abroad for friendly countries

Starting from December 8, 2025, the Bank of Russia will lift the previously imposed restrictions on foreign currency transfers abroad for individuals from friendly countries and citizens of the Russian Federation. This decision is related to the currently stable situation in the foreign exchange market, as reported by Interfax. Until that moment, there was a limit on transfers for citizens of Russia and friendly countries, which amounted to no more than $1 million or its equivalent in another

05.12.2025, 16:20

Economy

A Gypsum Board Plant Has Opened in Southern Kyrgyzstan

On December 5, a new gypsum board manufacturing plant was officially opened in the village of Dostuk, located in the Suzak district. The event was attended by Adylbek Kasymaliev, who was in the Jalal-Abad region on a working trip, as reported by the government press service. The designed capacity of the plant is 60,000 tons of gypsum powder per year and 10 million square meters of gypsum board annually. The plant has created 80 jobs, and the investment in the project amounted to 11.7 million

05.12.2025, 16:01

Economy / Exclusive

In the city of Batken, it was decided to sell smuggled livestock meat at a reduced price.

In the city of Batken, a decision has been made to sell beef seized during anti-smuggling operations at a lower price, the press service of the mayor's office reported. According to the information, today, December 5, at 3:00 PM, residents will be able to purchase meat at a discounted price of 600 soms.

05.12.2025, 14:56

Economy

65,356 Kyrgyzstani citizens have already put a "lock" on their loans. What about you? We explain how to do it.

Imagine waking up to a phone call from the bank — you are informed that a loan for 500,000 soms has been taken out in your name, and you have already missed the first payment. Or perhaps you are being contacted by someone claiming to be a bank employee who demands your card password, and thinking it is indeed a bank worker, you provide them with the information. Maybe you log into online banking and see that your accounts have been drained. This is frightening, as you haven't taken out any

05.12.2025, 14:32

Economy

In Kyrgyzstan, fruit orchards will be planted along the roadsides.

In Kyrgyzstan, a new project is starting aimed at planting fruit orchards along highways. The Ministry of Water Resources, Agriculture, and Processing Industry is responsible for implementing this initiative. The main objectives of the project are to reduce soil erosion, develop green infrastructure, and strengthen road embankments.

05.12.2025, 14:21

Economy

The Regulation of Securities is Changing: The Bill has been Brought Forward for Discussion

Photo from the internet. Discussion of the new draft law on securities regulation The Cabinet of Ministers of Kyrgyzstan has submitted a draft law for public discussion, concerning amendments to several legislative acts related to the securities market. This document is available on the portal of normative legal acts, where citizens can leave their comments and suggestions. The draft law proposes significant changes to three important laws: "On the Securities Market," "On

05.12.2025, 14:06

Economy

Kyrgyzstan and Pakistan Plan to Expand Joint Investment Projects

The business forum brought together key figures from the business communities and government structures of both countries, who discussed the most important sectors of the economy, including the banking sector, energy, tourism, agriculture, education, information technology, the textile industry, medicine, and pharmaceuticals. Ravshanbek Sabirov, the director of the National Investment Agency, presented the investment opportunities in Kyrgyzstan, emphasizing the stable economic growth and

05.12.2025, 14:05

Economy

The Gold of Kyrgyzstan Showcased at the Binance Blockchain Week 2025 in Dubai

In Dubai, at the Binance Blockchain Week 2025, a landmark event took place for the global crypto industry. Binance founder Changpeng Zhao presented a gold bar from Kyrgyzstan during the main panel discussion of the forum titled "The Great Debate: Bitcoin vs. Tokenized Gold." This was reported by Farhat Iminov, head of the secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies. The debate took place on December 4 and attracted a full

05.12.2025, 13:03

Economy / Exclusive

What is needed to terminate an individual entrepreneur's activity: a step-by-step guide

The State Tax Service has provided information on how to properly terminate the activities of an individual entrepreneur. According to the agency, it is important to follow the established steps if you have decided to close your individual entrepreneurship.

05.12.2025, 12:55

Economy

Extreme Heat and Drought Will Hinder Economic Development in Kyrgyzstan

According to the Climate and Development Report (CCDR) for Kyrgyzstan by the World Bank, economic resilience is key to its transformation, the creation of new jobs, and protecting the population from climate risks. As reported by the Ministry of Natural Resources, Ecology, and Technical Supervision, the poverty rate in Kyrgyzstan has decreased from 62.6% in 2000 to less than 26% by 2024. However, economic growth and job creation do not align with established national goals. The government aims

05.12.2025, 12:16

Economy

The Ruble Has Sharply Appreciated. Currency Rates in Commercial Banks on December 5

The National Bank of Kyrgyzstan presented the exchange rates for foreign currencies as of December 5: The dollar rate remained at 87.45 soms, while the euro and ruble showed an increase in value.

05.12.2025, 12:14

Economy

Exchange rates in commercial banks of Kyrgyzstan on December 5

Information about currency exchange rates has been collected from various commercial bank websites. If you have questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication and pertains to cash exchange. Rates may fluctuate throughout the day.

05.12.2025, 12:09

Economy

"Elkart" and HUMO Launch Mutual Acquiring Project

The payment systems of Uzbekistan, HUMO, and Kyrgyzstan, "Elkart," have announced the launch of a joint project for mutual acquiring. This innovation will allow HUMO cardholders to make purchases and withdraw cash in Kyrgyzstan, where the national payment system "Elkart" operates. Similarly, "Elkart" cardholders will be able to use their cards in Uzbekistan. Key benefits: Simplification of the process for travelers and migrants: now it is possible to make payments

05.12.2025, 12:02

Economy / Exclusive

Kyrgyzstanis Prefer to Keep Savings in Som

According to information provided by Aida Karabaeva, the official representative of the National Bank of Kyrgyzstan, the banks' loan portfolio has reached 460 billion soms, which corresponds to a growth of 35%. This data was announced on the air of Birinchi Radio. Karabaeva also noted that the deposit portfolio shows a similar trend, having increased by 35% to 804 billion soms. The largest share of deposits and loans is in the national currency.

05.12.2025, 11:24

Economy / Exclusive

Gold and Platinum Price Forecasts Raised

The Fitch Ratings agency has updated its forecasts regarding the prices of several precious metals, as reported on its official website. According to the new estimates, by the end of 2026, the price of gold is expected to reach $3,400 per troy ounce, whereas previously a price of $2,700 was anticipated. In 2027, a decrease to $2,500 is expected, and in 2028, to $2,000.

05.12.2025, 10:38

Economy

In the Alamudun District, the installation of concrete pavement on the "R-7" canal has begun.

In the Alamudun district, work on the concreting of the "R-7" canal is actively continuing. This information was announced by the press service of the Ministry of Agriculture of the Kyrgyz Republic. This canal is 4.16 kilometers long and provides irrigation for 3,212 hectares of agricultural land. The implementation of a concrete surface will help minimize losses of irrigation water and improve water supply for both farmers and local residents, which, in turn, will contribute to

05.12.2025, 10:36

Economy

The ban on the export of waste paper and paper waste is set to be extended in Kyrgyzstan

In the Kyrgyz Republic, the possibility of extending the existing ban on the export of waste paper and paper waste for an additional six months is being discussed. The Ministry of Economy and Commerce has presented a draft resolution that includes a temporary ban on the export of recyclable paper and cardboard outside the customs territory of the Eurasian Economic Union. This initiative is aimed at preventing a serious shortage of raw materials in the domestic market, which should help

05.12.2025, 10:13

Economy / Exclusive

Exchange rates for December 5

As of December 5, 2025, the National Bank presented the current exchange rates for foreign currencies. According to the published data, the exchange rate of the US dollar remains at 87.45 soms, indicating its stability. At the same time, the euro showed a slight strengthening, increasing from 101.8268 to 102.1154 soms. Similarly, the Russian ruble also appreciated, rising from 1.1274 to 1.1316 soms. The Kazakh tenge also demonstrated growth, increasing from 0.1735 to 0.1751 soms.

05.12.2025, 09:27

Economy

External debt of Kyrgyzstan has decreased by up to 37% — Minister of Finance

The Minister of Finance of Kyrgyzstan, Almaz Baketaev, reported a significant reduction in the country's external debt to 37%. This achievement has been made possible through efforts undertaken over the past four years in accordance with the president's directives to reduce the debt burden on the state budget. Photo Sputnik. Minister of Finance of Kyrgyzstan Almaz Baketaev

05.12.2025, 09:16

Economy / Exclusive

In Kyrgyzstan, the collection of fees for transfers in the national currency is limited

The National Bank of the Kyrgyz Republic has announced the introduction of temporary restrictions on fees for money transfers. According to the resolution of the Board of the National Bank of the Kyrgyz Republic, adopted on December 3, 2025, under number 2025-P-12/64-5-(PS), commercial banks and payment organizations are prohibited from:

05.12.2025, 09:11

Economy

The Ruble Sets Records, the Tenge Appreciates Significantly. Exchange Rates as of December 5

Photo from the internet. The Russian ruble has once again reached a yearly high As of December 5 of this year, there is an increase in the official exchange rates of the euro, Russian ruble, and Kazakh tenge, while the Chinese yuan has decreased. The US dollar remained stable, according to data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar Rate:

05.12.2025, 08:59

Economy

Son-Kul Fish Farm has planted 6.5 million sturgeon eggs.

The work on artificial reproduction of fish stocks in state water bodies for 2025–2026 has been completed in the Kyrgyz Republic, as reported by the Department of Fisheries Industry.

05.12.2025, 08:57

Economy

Dollar and Ruble Rise Again. Exchange Rates at the Moscow City Council on December 5

In the morning of December 5, the exchange rates for foreign currencies at the Moscow City Council are as follows:

05.12.2025, 08:06

Economy

The National Bank of Kyrgyzstan Increases Gold Reserves - World Gold Council

The National Bank of Kyrgyzstan continues to expand its gold and foreign exchange reserves, as reported in materials from the World Gold Council. According to the latest data, in October 2025, central banks around the world actively increased their gold reserves, acquiring a total of 53 tons of the precious metal.

05.12.2025, 07:02

Economy

Georgia plans a flight from Beijing to Tbilisi with a stopover in Bishkek

Negotiations took place Negotiations were held in the capital of Georgia, Tbilisi, between the Ambassador of Kyrgyzstan, Maksat Mamytkanov, and the leadership of the local aviation industry, during which the issue of opening direct air communication with Bishkek and creating a transit route was discussed.

05.12.2025, 02:40

Economy

GAUGI has put the LLC "Balykchy Eth Kombinat" up for auction

The starting price for the share is 631,245,800 soms The State Agency for the Management of State Property under the Cabinet of Ministers has announced the start of the sale of a 100% share of LLC "Balykchy Meat Processing Plant". The enterprise will be put up for electronic auction, as stated in the agency's press release.

05.12.2025, 02:32

Economy

The National Bank of the Kyrgyz Republic extended the ban on fees for domestic money transfers.

The ban applies to transfers in soms The National Bank of Kyrgyzstan has extended the existing ban on charging fees for transfers in soms between citizens of the country. This information was announced by representatives of the financial regulator.

05.12.2025, 02:27