Economy

Electricity generation is growing, but consumption is increasing faster

The Ministry of Energy proposes to conduct calculations with investors in foreign currency to attract investments in the energy sector. According to information voiced by Deputy Minister of Energy Altynbek Rysbekov at a meeting of the Jogorku Kenesh committee, the volume of electricity generated in Kyrgyzstan continues to grow, but consumption is increasing even faster. Currently, approximately 14.5 billion kilowatt-hours are generated in the country, while the demand reaches almost 20 billion

20.01.2026, 12:34

Economy

Why Are Merchants Afraid of QR Payments? - Interview with the Deputy Head of the State Tax Service

In light of discussions on social platforms and in the media about how many sellers at markets prefer cash and avoid QR payments, the Tax Service clarified that the main reason for this is the responsibility for using QR codes registered to individuals in the course of business activities. At the same time, tax officials do not have direct access to citizens' wallets, and control over this area is primarily the responsibility of banks.

20.01.2026, 12:21

Economy / Exclusive

In 2025, small hydropower plants with a total capacity of about 120 MW were put into operation in the KR - Ministry of Energy

At the meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, fuel and energy complex, architecture, and construction, held today, Deputy Minister of Energy Altynbek Rysbekov announced plans for the commissioning of small hydropower plants in Kyrgyzstan in 2025. The total capacity of the new facilities will be about 120 MW. He noted that the last commissioned station was the Kara-Kul HPP, which has a capacity of 18 megawatts. The event was attended by President Sadyr

20.01.2026, 12:18

Economy / Exclusive

Pawnshops face fines and license suspension for violations

There is a tightening of control over pawnshop activities in the country. Currently, there are 431 registered pawnshops in Kyrgyzstan, and the maximum interest rate for their services should not exceed 29.99%. This was reported by Suyorkul Ashimjan uulu, the chief specialist of the forecasting and financial market control department, during a live broadcast of the program "Elden Sobol" by the Kabar agency. According to Ashimjan uulu, active work is currently underway to monitor

20.01.2026, 12:09

Economy / Exclusive

The Law on Renewable Energy Sources Will Be Adapted to Attract Investments in the Green Economy

At today’s meeting of the Committee on Industrial Policy, Transport, Fuel and Energy Complex, Architecture, and Construction, the draft law "On Amendments to the Law of the Kyrgyz Republic on Renewable Energy Sources" was approved in the first reading. The Deputy Minister of Energy, Altynbek Rysbekov, emphasized that this draft law is aimed at developing renewable energy sources, modernizing the energy system, improving the investment climate, and ensuring sustainable economic growth

20.01.2026, 12:01

Economy / Exclusive

In 2025, about 1.5 million soms in fines imposed on pawnshops in Kyrgyzstan

According to information presented by Suyorkul Ashimjan uulu, the chief specialist of the forecasting, control, and monitoring department of the financial market regulation and supervision service, in 2025, pawnshops in Kyrgyzstan were fined a total of approximately 1.5 million soms. The information was provided during a live broadcast of the program "Elden Sobol" by the agency "Kabar". Ashimjan uulu noted that new rules came into effect for pawnshops on May 23, 2024, which

20.01.2026, 11:46

Economy / Exclusive

Regional business received 85% guarantees from the "Guarantee Fund"

At a press conference at the "Kabar" agency, the chairman of the board, Malik-Aidar Abakirov, announced that 85% of guarantees have been provided to regional entrepreneurs. According to him, 66% of the fund's resources are directed towards supporting key sectors of the economy, including agriculture, processing, industry, tourism, and mortgage lending.

20.01.2026, 11:45

Economy

Exchange rates in commercial banks on January 20

The National Bank of Kyrgyzstan presented the following foreign exchange rates as of January 20: The dollar rate remained unchanged, while the euro and ruble are starting to strengthen against the som.

20.01.2026, 11:44

Economy

The state financial holding approved the guarantee for the loan for the construction of the small hydroelectric power station "Djeruy"

Approval of the guarantee for a loan amounting to $25 million for the construction of the small hydroelectric power station "Djeruy" has been received from OJSC "State Financial Holding." This information was published by the Kyrgyz Stock Exchange. It has been reported that the decision was made at the general meeting of the holding's shareholders.

20.01.2026, 11:41

Economy / Exclusive

A new deputy chairman of the board has been appointed at "Keremet Bank"

The Board of Directors of OJSC "Keremet Bank" decided at a meeting on January 14 to make changes to the composition of the management board. As a result, Zhenishbek Muratbekov, who held the position of Deputy Chairman, was relieved of his duties as he was elected to the bank's Board of Directors. This information was announced by the Kyrgyz Stock Exchange. It should be noted that Muratbekov held his position since April 1, 2025.

20.01.2026, 11:29

Economy

The economy of Kyrgyzstan grew by 11.1 percent. Results of 2025

According to preliminary data, the gross domestic product of Kyrgyzstan in 2025 amounted to 1 trillion 976.4 billion soms, which is 11.1% more compared to 2024. Over 11 months, the growth was 10.2%. The main factors contributing to GDP growth were commodity production, services, and net taxes on products.

20.01.2026, 11:20

Economy / Exclusive

The Guarantee Fund issued guarantees worth 4.1 billion soms in 2025.

The Joint Stock Company "Guarantee Fund" has made amendments to the legislation to make guarantees available not only for businesses but also for individuals. This was announced by the Chairman of the Board, Malik-Aidar Abakirov, at a press conference at the "Kabar" agency. According to Abakirov, the fund began providing guarantees to citizens for mortgage lending two years ago. "Many citizens face difficulties with the down payment. To solve this problem, they can

20.01.2026, 11:16

Economy / Exclusive

The storage period for negative credit history in Kyrgyzstan will be reduced to three years

Citizens who were previously placed on the "blacklist" of banks will have the opportunity to apply for loans again after three years. This has become possible thanks to a bill that was approved in the first reading by the committee of the Jogorku Kenesh that deals with finance, budget, entrepreneurship, and competition development. This bill aims to simplify citizens' access to credit resources and improve financial inclusion. In particular, it proposes to reduce the retention

20.01.2026, 11:10

Economy

The Ministry of Energy reported on the progress of the construction of the Papan hydroelectric power station.

In the Kara-Suu district of the Osh region, the construction of the "Papan" small hydropower plant with a capacity of 27 MW is actively continuing, as reported by the press service of the Ministry of Energy of Kyrgyzstan. As of today, the following stages have been completed:

20.01.2026, 11:00

Economy

"Stores 'Eurasia' Can Become a Bridge Between the Village and the City"

Farm labor includes not only skills in growing crops but also constant difficulties related to their sale. Currently, the price of potatoes in the regions is about 20-30 soms. There is demand for the products, but the connection between production and sales remains quite fragile. Former head of the rural administration Akylbek Dononbaev believes that the state should take a more active position rather than remain on the sidelines. He thinks that the main task of a farmer is not sales but

20.01.2026, 10:49

Economy

The head of the Cabinet of Ministers of the Kyrgyz Republic familiarized himself with investment projects in Bishkek

The first stop was a new office center at the corner of N. Isanova Street and Chuy Avenue. Here, they explored the conditions created in the business center after its renovation, as well as the innovative approaches used for organizing modern office spaces. Chan Anh Tuan, chairman of the board of the Vietnamese company "Rox Group," shared details about the functional capabilities of the center and its significance for the business potential of the capital.

20.01.2026, 10:47

Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 20

The data presented was collected from the official websites of commercial banks. If you have any questions regarding this information, it is recommended to contact the banks directly. This information is current as of the time of publication. The rates indicated are valid for cash currency exchange and may change throughout the day.

20.01.2026, 10:30

Economy

87 Enterprises Will Be Relocated from Tashkent for the Sake of Ecology

In Uzbekistan, large-scale actions aimed at improving the environmental situation in Tashkent have been announced. The National Committee for Ecology and Climate Change has confirmed a list of 87 enterprises that are considered environmentally hazardous and energy-intensive. These facilities will be gradually relocated outside the capital. The relocation process will include not only physical transfer but also complete modernization of technologies in accordance with international

20.01.2026, 10:07

Economy

The inflow of remittances to Kyrgyzstan increased by 17.2 percent - EDB

According to information provided by the Eurasian Development Bank, from January to November 2025, the inflow of remittances to Kyrgyzstan increased by 17.2%. The main factor behind this growth was the inflow from Russia, which rose by 16.7%.

20.01.2026, 10:01

Economy

The USA declared a "revolution" in nutrition, opening new opportunities for KR

On January 7, 2026, a new dietary guideline concept for Americans for 2025–2030 was presented in the USA. Health Secretary Robert F. Kennedy Jr. and Agriculture Secretary Brooke Rollins announced a complete reevaluation of nutritional approaches, effectively overturning previous views on carbohydrates. The focus is now on the quality of consumed products, with high-quality animal proteins such as meat, fish, and eggs taking center stage, in contrast to traditional carbohydrates like cereals

20.01.2026, 09:34

Economy

Mandatory Navigation Seals for Alcohol and Tobacco Introduced in the EAEU

Starting from February 11, 2026, mandatory tracking of the transportation of alcoholic and tobacco products using navigation seals will be implemented in the Eurasian Economic Union. As part of the preparation for this innovation, the State Tax Service of Kyrgyzstan held an explanatory meeting with businesses.

20.01.2026, 09:29

Economy / Exclusive

The National Bank conducted its first currency intervention in 2026

On January 19, 2026, the National Bank conducted its first currency intervention, selling 134 million 50 thousand US dollars on the domestic market. In the past year, the regulator carried out eight interventions, with a total amount exceeding 800 million dollars. There were no reverse interventions last year.

20.01.2026, 09:17

Economy

Catfish has decreased in price against all major currencies except the dollar. Exchange rate as of January 20.

Photo from the internet. Since December 2025, there has been a steady increase in the Chinese yuan against the som According to the National Bank of Kyrgyzstan and exchange offices in Bishkek, there is an increase in the exchange rates of the dollar, euro, ruble, tenge, and yuan. The dollar currently maintains a stable position. US Dollar:

20.01.2026, 09:11

Economy / Exclusive

At the "Dostuk" Checkpoint, the import of nearly 27 tons of onions without phytosanitary documents was intercepted

To ensure phytosanitary safety at the state border, the Osh Department of Chemicalization, Plant Protection, and Quarantine is implementing enhanced control. According to information provided by the Ministry of Water Resources, Agriculture, and Processing Industry, an attempt to import 26 tons and 978 kg of onions from Uzbekistan through the "Dostuk" checkpoint was recorded at the end of last week.

20.01.2026, 09:06

Economy

How Have Prices for Residential Houses in Bishkek and Osh Changed in 2025?

In 2025, the price indicators for residential real estate per square meter in Bishkek increased by 26.8%, while in Osh, the growth was 37% compared to the previous year. This data was obtained from the analysis of the State Agency for Land Resources, Cadastre, Geodesy, and Cartography under the government (GASRKG). In particular, in the Lenin District of Bishkek, the cost per square meter reached $1,867, in the Sverdlov District - $1,862, which corresponds to a growth of 37.1%. In the

20.01.2026, 08:51

Economy

Twenty-Third in Line. The National Bank Issued a License to "Alma Finance Bank"

The National Bank of the Kyrgyz Republic has granted a license for banking operations to the Closed Joint-Stock Company "Alma Finance Bank." This is reported in the official decision of the NB KR. The obtained license allows the new commercial bank to conduct financial operations in accordance with the legislation of the country in both national and foreign currencies.

20.01.2026, 08:49

Economy / Exclusive

Exchange rates for January 20

The National Bank has presented data on foreign currency exchange rates against the som as of January 20. The exchange rate of the US dollar (USD) is 87.4500 soms, remaining unchanged;

20.01.2026, 08:44

Economy

27 tons of onions from Uzbekistan turned back at the border

At the end of last week, there was an attempt to import 26 tons and 978 kg of onions from Uzbekistan at the "Dostuk" checkpoint. This was reported by the press service of the Ministry of Water Resources and Agriculture. The product was not allowed into the territory of the Kyrgyz Republic due to the lack of the necessary phytosanitary certificate and labeling that meets the established requirements.

20.01.2026, 08:42

Economy

Currency exchange rates at the Moscow City Council on January 20

On the morning of January 20, the exchange rates in the currency exchange offices at the Moscow City Council are presented as follows:

20.01.2026, 08:29

Economy

The minimum subsistence level in Kyrgyzstan has increased and amounted to 8,697.32 soms

This amount is intended to provide citizens with basic life necessities such as food, housing, clothing, and medical services. According to data from the National Statistical Committee, the minimum subsistence level in Kyrgyzstan has reached 8,697.32 soms, which is a significant increase of 9.2% compared to the same period last year. It is important to note that the minimum subsistence level is the minimum income necessary to meet basic needs, including food, housing, clothing, and medical

19.01.2026, 22:05

Economy

Overdue Loans in Kyrgyzstan Remain at a Low Level, Banks are Actively Lending to the Population

According to the Ministry of Economy, there is an increase in consumer lending and a decrease in the level of overdue loans. As of June 30, 2025, the total volume of the banking loan portfolio in Kyrgyzstan reached 416 billion 900 million soms, with the most significant increase in the consumer lending segment, which grew by 37.9 percent.

19.01.2026, 20:28

Economy

In Kyrgyzstan, the single tax rate for working abroad has been reduced

The rate has been reduced to 0.1 percent According to information from the State Tax Service, the single tax rate for individuals and companies conducting activities abroad is now 0.1 percent, down from the previous 1 percent.

19.01.2026, 19:43

Economy / Exclusive

The volume of electricity consumption in China has exceeded 10 trillion kilowatt-hours

China has set a new record in electricity consumption: by the end of 2025, this figure exceeded 10 trillion kilowatt-hours, as reported on the website of the State Administration of Energy of the People's Republic of China. Illustrative photo

19.01.2026, 19:37

Economy

In Kyrgyzstan, there are more than five thousand job openings.

The most in-demand vacancies are among skilled trades As of January 1, 2026, there are 5,547 registered job vacancies in Kyrgyzstan, according to the Ministry of Labor, Social Security, and Migration. Employers' main interest is focused on skilled trades.

19.01.2026, 19:22

Economy

Launched a pilot project for solar generation with an energy storage system

Photo: Ministry of Economy of the Kyrgyz Republic. Presentation of the pilot solar generation project in Bishkek A presentation of a new pilot project aimed at implementing a solar photovoltaic installation with a battery energy storage system (BESS) in the commercial sector took place in Bishkek. This project was implemented with the support of the Ministry of Economy and Commerce of the Kyrgyz Republic. According to the ministry, solar panels with a total capacity of about 50 kilowatts and a

19.01.2026, 18:48

Economy

In Kyrgyzstan, fines for violations in the halal products sector are being proposed.

The draft law was approved by the committee of the Jogorku Kenesh in the first reading. In Kyrgyzstan, the possibility of introducing administrative fines for non-compliance with the legislation in the halal product sector is being considered. This was reported at a meeting of the Jogorku Kenesh committee on finance, budget, entrepreneurship, and competition development by Sultan Akhmatov, Deputy Minister of Economy and Commerce.

19.01.2026, 18:16

Economy / Exclusive

Inspection conducted at the livestock market in the Sokuluk district

Control measures were carried out at the livestock market in the Sokuluk district. According to information from the district administration, the raids took place on January 17 and 18, 2026, at the municipal livestock market managed by the municipal enterprise "Taza-Ayil" in the Sary-Ozyon rural area.

19.01.2026, 18:10

Economy

The GDP of Kyrgyzstan for the year 2025 amounted to nearly 2 trillion soms

Preliminary estimates show that the gross domestic product of Kyrgyzstan will reach 1 trillion 976.4 billion soms by the end of 2025. This figure is 11.1 percent higher compared to the same period in 2024, as reported by the National Statistical Committee. In the 11 months of 2025, the GDP growth rate significantly accelerated to 10.2 percent.

19.01.2026, 17:34

Economy

Since the beginning of the year, the GSO has paid out more than eight million five hundred thousand soms in insurance compensation.

The majority of the payouts were related to auto insurance Since the beginning of the current year, the State Insurance Organization OJSC has made payments for mandatory types of insurance totaling 8 million 508 thousand 695.88 soms to both individuals and legal entities.

19.01.2026, 16:56

Economy

New Certification Requirements: The Cabinet of Ministers Changes the Procedure for Registering Declarations

The Cabinet of Ministers has presented a draft resolution proposing changes to the procedure for registering and revoking declarations of conformity with the technical regulations of the Eurasian Economic Union (EAEU). The discussion of this document is taking place in a public format. The proposed changes, which will come into effect in February 2025, aim to simplify the registration process for declarations, improve transparency, and enhance the quality of work of accredited certification

19.01.2026, 16:52

Economy

Noticeable Growth of Kyrgyzstan's Economy — Bakyt Torobaev Discussed Reforms with the IMF

Photo of the Cabinet of Ministers of the Kyrgyz Republic. Bakyt Torobaev (left) and Farid Talashly During a meeting with Farid Talashly, the permanent representative of the International Monetary Fund (IMF), Deputy Prime Minister and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev reported that the average growth of Kyrgyzstan's gross domestic product over the past three years has been 9 percent. During the discussion, the parties touched upon the results

19.01.2026, 16:17

Economy

In Bishkek, 28,000 smart meters were installed starting from the beginning of 2025.

As part of the reform and digitalization of the energy sector, the Bishkek Electric Networks Enterprise, which is part of the OJSC "NESC," continues to implement automated commercial electricity accounting systems (ACES). This was reported by the press service of the Bishkek Electric Networks. Since the beginning of 2025, 28,000 smart meters have been installed in the capital, distributed across the districts as follows:

19.01.2026, 15:46

Economy

The Ministry of Economic Development proposes to simplify rules for investors

The draft law also aims to eliminate legal errors in the Investment Law. The Ministry of Economy and Commerce has developed a new draft law aimed at correcting errors found in the current Investment Law, as well as simplifying the process of interaction between investors and government agencies.

19.01.2026, 15:37

Economy / Exclusive

The National Bank fined a commercial bank

According to information provided by the regulator, one of the commercial banks was fined 55,000 soms. This decision was made due to violations of the legislation of the Kyrgyz Republic and the regulatory acts of the National Bank.

19.01.2026, 15:37

Economy

The size of the minimum subsistence level in Kyrgyzstan has been announced

According to the latest data from the National Statistics Committee, the minimum subsistence level per capita in Kyrgyzstan for 2025 is set at 8,697.32 soms. For various categories of citizens, this indicator is as follows: for the working population — 9,738.29 soms, for pensioners — 7,699.36 soms, and for children — 7,379.07 soms per month.

19.01.2026, 15:14

Economy

The Ministry of Economy proposes to shorten the storage period of Kyrgyz citizens' credit histories.

The Ministry of Economy and Commerce has prepared amendments to the Law "On the Exchange of Credit Information." These amendments were discussed at a meeting of the committee of the Jogorku Kenesh, which is responsible for finance, budget, entrepreneurship, and competition development. According to the proposed bill, it is planned to adjust the retention periods for credit data:

19.01.2026, 15:11

Economy

Authorities reported that the most significant price increase in Kyrgyzstan occurred in 2025.

According to data provided by the National Statistical Committee, consumer prices and tariffs in Kyrgyzstan increased by 9.4% during 2025 compared to December 2024. Among the goods that significantly rose in price were fruits, fish, vegetable oil, potatoes, meat, vegetables, butter, dairy products, as well as flour and sugar.

19.01.2026, 14:45

Economy

The Cabinet proposes to shorten the storage period for negative credit history

Currently, positive credit history is maintained for 7 years, while negative history is kept for 5 years. In Kyrgyzstan, there are plans to reduce the storage period for information on debts and overdue loans. Currently, negative data is stored for 5 years, but under the new changes, this period will be reduced to 3 years. This draft law is currently under consideration in the first reading by the committee of the Jogorku Kenesh, which is responsible for finance, budget, entrepreneurship, and

19.01.2026, 14:43