The National Bank of Kyrgyzstan has published the exchange rates for December 17: The dollar rate remained at 87.45 soms, while the euro and ruble continue to strengthen.
As part of this initiative, it is planned to create 385 processing enterprises across the country, which is expected to increase the level of agricultural product processing to 25% by 2030.
In Kyrgyzstan, in 2026, the implementation of drip and sprinkler irrigation systems will take place on an area of 5,270 hectares using funds from the republican budget. This was reported by the Ministry of Water Resources, Agriculture, and Processing Industry.
This season, the autumn sowing campaign in Kyrgyzstan covers an area of 250 thousand hectares. Currently, farmers have processed 155.6 thousand hectares, which is 62.4% of the planned volumes, according to information from the press service of the Ministry of Agriculture of the Kyrgyz Republic.
At the forum "Investment Vector: State and Business," which took place on December 15 at the residence of the President of Kyrgyzstan, representatives of the business community initiated the elevation of the status of the Council for Business and Investment Development to the level of the president. This was reported by the press service of the Association for the Development of the Agro-Industrial Complex of the Kyrgyz Republic. Photo by the press service of the Association for the
According to information published by Forbes Kazakhstan, “Freedom Bank Kazakhstan” intends to establish a subsidiary in Kyrgyzstan, which will operate as a full-fledged bank. Photo by Forbes Kazakhstan. Timur Turlov - founder and majority shareholder of Freedom Holding Corp
Photo from the internet. The Chinese yuan is steadily rising and setting new annual records in value. Based on information from the National Bank of Kyrgyzstan and exchange offices in Bishkek, there is an increase in the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan. The dollar remains stable. US Dollar:
In the morning of December 17, the exchange rates for foreign currencies at the Moscow City Council are as follows:
In the latest macro overview from the Eurasian Development Bank, it is reported that by the end of 2025, the gross domestic product (GDP) of Kyrgyzstan will grow by 10.3%. This data confirms that the country's economy continues to demonstrate confident growth rates.
According to the latest analysis conducted by the State Agency for Land Resources, Cadastre, Geodesy, and Cartography under the government (GASRKG), the cost of one square meter of housing in Bishkek at the end of November was 106,607 soms. In this month, the price per square meter decreased by 11,871 soms, which corresponds to a drop of 10%. In October, the cost decreased by 11,257 soms, which amounted to 9.5% compared to September.
According to information provided at a press conference in Bishkek by the First Deputy Chair of the National Statistical Committee, Nazira Kerimalieva, from January to November of this year, there has been an increase in consumer prices and tariffs by 8.3% compared to December of last year. Among the main factors contributing to this are the rise in prices for food products and non-alcoholic beverages by 8.9%, as well as alcoholic beverages and tobacco products by 7.9%.
In Kyrgyzstan, a new online service for the re-registration of individual entrepreneurs has been launched through the taxpayer's personal account, as reported by the press service of the State Tax Service of the Kyrgyz Republic. Now entrepreneurs can submit applications for re-registration via the website cabinet.salyk.kg without the need for a personal visit to the tax inspection. The available features of the service include: changing the legal address (including moving to another
Photo from the internet. Elon Musk Elon Musk's net worth has reached $600 billion, making him the first businessman in the world with such wealth. This was reported by Forbes. The increase in his fortune is linked to the recent rise in the valuation of SpaceX, which is engaged in space launches and the development of the Starlink satellite system for global internet access.
According to Pazyljan Ilimov, the construction of residential properties within the GIK framework has significantly impacted the apartment market in Kyrgyzstan. Kaktus.media reports that this move has led to a decrease in interest in properties priced up to $100,000. "The GIK attracted a segment of the population that could have purchased such apartments. As a result, the demand for them has decreased," noted the expert. Ilimov also added that this year, prices for standard apartments
The Eurasian Development Bank (EDB) has announced the creation of a new investment platform aimed at attracting capital from the Gulf countries to finance projects in Central Asia. This was reported through the bank's official website. Photo by the EDB press service
The initiative to abolish the value-added tax (VAT) for cinemas belongs to the Ministry of Culture, Information, Sports, and Youth Policy of Kyrgyzstan. As reported by the director of the state institution "Kyrgyzfilm," Almaz Tulekeyev, this measure is aimed at supporting the development of film screenings in the country. According to him, it is planned that starting from 2026, cinemas that currently pay 12% VAT will be able to avoid this tax burden. "This will be a significant
According to information presented at a press conference in Bishkek by the First Deputy Chairperson of the National Statistics Committee, Nazira Kerimalieva, the average monthly nominal wage in the country from January to October of the current year amounted to 42,919 soms. The highest income growth was recorded in sectors such as real estate transactions, construction, scientific and technical activities, public administration and defense, mandatory social security, healthcare and social
According to the analysis of the National Bank's reporting, as of the end of October, individuals in Kyrgyzstan have deposited 258 billion 995.8 million soms. Of this amount, 11.1 billion soms are in current accounts, 129.5 billion soms are in demand deposits, and term deposits amount to 118.3 billion soms.
As of today, video cameras have already been installed at 54 slaughterhouses and 5 livestock markets, as well as in one veterinary and sanitary expert laboratory located in the Moscow district.
In December of this year, JSC "KazTransOil" plans to increase oil supplies to Kyrgyzstan and resume transit to Uzbekistan. This information was provided by the company's press service and published on the website inbusiness.kz. According to the provided data, oil supplies to Kyrgyzstan resumed in November. Prior to this, transportation along this route was conducted in 2017. As part of the plans, up to 30,000 tons of oil should be supplied to the country by the end of 2025.
Many Kyrgyz citizens, when going abroad for work, often return home without money or become victims of fraud. The main reasons for this lie not only in difficulties at the workplace but also in a lack of financial knowledge. According to statistics, our citizens are twice as likely as neighbors from CIS countries to fall into the hands of scammers, and half of them do not control their income and expenses. Problems arise even before departure: people leave without contracts, not taking into
A new plant for the production of silicon alloys has opened in the Karaganda region, as reported by tengrinews.kz. This is an important step for Kazakhstan, which currently lacks production capacities for high-purity silicon, unlike the Soviet era when such plants existed in Kyrgyzstan. The fate of that enterprise, known as the "Kristall" plant, remains unknown. Although a plant for the production of metallurgical silicon is already operating in Karaganda, its volumes are still
Visit of the Trade Representation of Kyrgyzstan in Uzbekistan Covered Enterprises of the Fergana Region Representatives of the Trade Representation of Kyrgyzstan visited two textile manufacturing plants: "Tantana Textile" and LLC "Narimtex." According to information from the press service of the Ministry of Economy and Commerce, both organizations expressed interest in expanding cooperation, including various forms of interaction such as tolling.
Seven countries within the European Union have expressed their disagreement with plans to seize frozen Russian assets, reports the Euractiv portal. Initially, Belgium, where the Euroclear depository is headquartered and with which the Bank of Russia is currently engaged in legal disputes, as well as Hungary and Slovakia, opposed this decision. Subsequently, Italy, Bulgaria, Malta, and the Czech Republic joined them. These countries emphasize the need to seek "alternative solutions"
In Kyrgyzstan, the procedure for re-registering individual entrepreneurs (IE) has been simplified as part of the "Government Accelerators" program. This was reported by the government press service. Photo gov.kg The main objectives of state policy are to improve the quality of services, reduce administrative barriers, and create comfortable conditions for the development of small and medium-sized businesses.
The National Bank of Kyrgyzstan has set the exchange rates for foreign currencies on December 16: The dollar rate remained unchanged at 87.45 soms, while the euro and ruble have increased in value.
The European Union has decided to introduce the 20th package of sanctions against Russia. This decision was approved by the heads of the foreign ministries of the EU member states, who agreed on new measures against 17 individuals and legal entities. As part of this package of restrictive measures, actions are planned against the so-called "shadow fleet," and for the first time, a U.S. citizen has been included in the sanctions list.
Information about the exchange rates was collected from the websites of commercial banks. If you have any questions regarding the provided data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates apply to cash currency exchange and may change throughout the day.
According to the Eurasian Development Bank, in 2023, intra-regional investments in Central Asia significantly increased, reaching $1.3 billion, which is 42% more compared to the previous year. The main areas of activity are construction, manufacturing, and the financial sector, which accounted for 80% of the total investment volume. The most significant contributions come from Kazakhstan with $9.4 billion and Uzbekistan with $10.7 billion in incoming investments.
At the fair, a new tradition was introduced: "boxes of kindness" were placed between the rows of trading tents, where sellers and buyers can put food, vegetables, and fruits. The next day, activists prepare pilaf and form a "kindness squad" to deliver it to the city's social institutions. The first to receive assistance were Professional Lyceum No. 3 and the municipal social stationary institution "Umut" for elderly people with disabilities.
Photo from the internet. The Russian ruble has stabilized after a decline. According to the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan have increased, while the dollar remained unchanged. US Dollar Exchange Rate:
According to the National Statistical Committee, from January to November 2025, consumer prices in Kyrgyzstan increased by 8.3 percent compared to December 2024. Inflation for the first ten months was 7.1 percent. The highest price increases were observed in the following categories:
The Veterinary and Phytosanitary Surveillance Service has begun the phased implementation of a video surveillance system at slaughterhouses and livestock markets to enhance veterinary and phytosanitary safety. This was reported on the website of the Ministry of Water Resources, Agriculture, and Food Processing Industry. Currently, surveillance cameras have been installed at 54 slaughterhouses and 5 markets, as well as in one veterinary and sanitary expert laboratory (VSEL) in the Moscow
In the morning of December 16, the exchange rates of foreign currencies at the Moscow City Council are presented as follows:
These funds were allocated as part of the project "Emergency Support for Micro, Small, and Medium Enterprises" The Ministry of Finance of the Kyrgyz Republic announced the launch of an interest-free lending program for entrepreneurs, which started in 2021 with the support of the World Bank and the Asian Infrastructure Investment Bank.
The tax collection target for 2025 is set at 268 billion soms. According to information posted on the State Tax Service's website, thanks to reforms and effective work over the past 11 months, it has been possible to collect 275 billion soms in taxes, exceeding the planned level.
In the very center of the capital of Kyrgyzstan, a fair of sewing products has opened, where goods intended for export to Russia are sold to local buyers at prices significantly lower than wholesale. This situation arose due to difficulties with documents and logistics, which left manufacturers in a difficult position. For city residents, this is a great opportunity to purchase quality clothing without overpaying. The team of Kaktus.media visited the event to find out how local manufacturers
With the rise of artificial intelligence, numerous questions arise regarding its regulation. How relevant is this for Kyrgyzstan today? What are the opinions of experts and lawmakers? What steps have already been taken? These questions were discussed at the Central Asian Cyber Legal Forum.
A law dedicated to the special financial investment territory "Tamchy" with a unique legal status and regime has recently been adopted.
In the At-Bashinsky district of the Naryn region, a fair was held at the central market "Berekе," aimed at ensuring food security and supporting the local population by offering goods at fixed prices. The event was organized by the district veterinary management and the Ak-Moyun rural administration.
At the forum "Investment Vector: State and Business," the Chairman of the Chamber of Commerce and Industry of the Kyrgyz Republic, Temir Sariev, noted that government structures should not control business but rather engage in partnership relations with it. According to him, this approach will create optimal conditions for attracting investments and developing entrepreneurship. Sariev highlighted several key factors necessary for business confidence and attracting investors.
Deputy Minister of Finance Nurbek Akzholov met with Nicolas Fay
With the start of the New Year holidays, Saima Telecom offers an attractive promotion for new subscribers: connect home internet and interactive TV with a 30% discount, for only 850 soms per month for the first three months.
Kyrgyzstan has improved its position, rising from 68th to 22nd place in the ranking due to the implementation of projects under public-private partnerships (PPP). This was reported by Ravshan Sabirov, director of the National Investment Agency, at the forum "Investment Vector: State and Business." The project portfolio includes more than 90 initiatives totaling over 434 billion soms. According to Sabirov, 13 agreements were signed over the 11 months of 2025, which allowed for the
During the forum "Investment Vector: State and Business," Rustam Baltabaev, Executive Director of the Agricultural Development Association, stated that the investment climate is not just words, but the real cost and speed of project implementation. He also noted that important aspects of the investment climate include access to financing, infrastructure development, and stable rules for protecting property rights.
The forum held on December 15 in Bishkek, titled "Investment Vector: State and Business," brought together representatives from the business community, the banking sector, the government, and international partners. In his speech, the Chairman of the Cabinet of Ministers and Head of the President's Administration, Adylbek Kasymaliev, emphasized that investments play a crucial role in ensuring stable economic development. He highlighted that the reforms implemented in the country
At the forum "Investment Vector: State and Business," Ravshan Sabirov, head of the National Investment Agency, emphasized that President Sadyr Japarov and Prime Minister Adylbek Kasymaliyev highlight attracting investments as a strategically important direction for sustainable economic growth, job creation, and economic modernization. Sabirov pointed out the historical and geographical significance of Kyrgyzstan as part of the Great Silk Road, connecting the East and the West.
The Center for Development and Promotion of Exports "Kyrgyz Export," operating under the Ministry of Economy and Commerce of the Kyrgyz Republic, has announced the start of the National Competition titled "Best Exporter of the Kyrgyz Republic" for the year 2025. Both legal entities and individuals registered in the territory of Kyrgyzstan with at least one year of export experience are invited to participate in the competition.