Economy / Exclusive

In Bazar-Korgon, a road connecting several villages to the city has been opened after reconstruction

In the Bazar-Korgon district, the opening of a two-kilometer section of the Shaydan—Abdurayimov road took place after repair works were completed. According to information from the akimat, this section of the road is located in the territory of the Kenesh rural area and provides connectivity for several villages with the district and the city of Bazar-Korgon.

14.01.2026, 11:21
Exchange rates in commercial banks of Kyrgyzstan on January 14
Economy

Exchange rates in commercial banks of Kyrgyzstan on January 14

Information was collected from commercial bank websites. If you have any questions regarding the provided information, please contact the banks directly. The data is current as of the time of publication. The rates are specified for cash currency exchange. They may change throughout the day. You can familiarize yourself with the official exchange rate of the National Bank of the Kyrgyz Republic and the currency rates at exchange offices in Bishkek by following this link.

14.01.2026, 10:44
The ruble sharply rose, while the dollar slightly decreased in value. Exchange rates for January 14.
Economy

The ruble sharply rose, while the dollar slightly decreased in value. Exchange rates for January 14.

Photo from the internet. The dollar has regained its positions from 2025, but after a day it began to decrease again According to information from the National Bank of Kyrgyzstan and exchange points in Bishkek, there is a decrease in the exchange rates of the US dollar, euro, and Chinese yuan, while the Russian ruble is showing growth. The Kazakh tenge remains stable. US Dollar:

14.01.2026, 10:18
Economy

The World Bank forecasts a 6.5 percent economic growth for Kyrgyzstan in 2026.

In 2026, the economy of the Kyrgyz Republic will continue to grow due to domestic demand, investments, and increased government spending. This forecast was presented by Bakyt Dubashov, a senior economist at the World Bank. According to Dubashov, the main factor contributing to development will be internal stimulation. He noted that an increase in private consumption, higher investment volumes, and expansion of government expenditures are expected.

14.01.2026, 09:47
In the village of Daroot-Korgon, a farmers' market was held in the Chon-Alai district.
Economy

In the village of Daroot-Korgon, a farmers' market was held in the Chon-Alai district.

Recently, a fair dedicated to important agricultural products was organized in the village of Daroot-Korgon in the Chon-Alai district. This event was covered by the press service of the Ministry of Agriculture of Kyrgyzstan. The fair was held with the support of the district agricultural development management and the Ayil Okmotu of Chon-Alai, Kashka-Suu, and Jekendi. Local residents were offered a variety of products: meat, vegetables, fruits, flour, vegetable oil, sugar, and other basic

14.01.2026, 09:07
Ministry of Agriculture of the Kyrgyz Republic Summarizes the Results of Breeding Work
Economy

Ministry of Agriculture of the Kyrgyz Republic Summarizes the Results of Breeding Work

The press service of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic reports significant achievements in the breeding direction of animal husbandry supported by the state. Currently, there are 185 breeding farms operating in the country, covering key areas of the industry and contributing to the economic development of rural areas.

14.01.2026, 08:49
Exchange rates for January 14
Economy / Exclusive

Exchange rates for January 14

As of January 14, 2026, the National Bank has published the current exchange rates for foreign currencies. US Dollar (USD) — 87.4490 som Euro (EUR) — 102.0399 som Russian Ruble (RUB) — 1.1135 som Kazakh Tenge (KZT) — 0.1716 som Chinese Yuan (CNY) — 12.5357 som In commercial banks, the average buying rate for the dollar is 87.33 som, while the selling rate is 87.80 som.

14.01.2026, 08:25
The State Investment Corporation will stop receiving funding from the state budget starting in 2027 — Sadyr Japarov
Economy

The State Investment Corporation will stop receiving funding from the state budget starting in 2027 — Sadyr Japarov

President's Clarifications on the Formation of Prices for Mortgage Housing Today, January 12, President Sadyr Japarov participated in a ceremony dedicated to the handing over of keys to new apartments as part of the second phase of the construction of the "Muras" residential complex in Bishkek. During this event, he made important remarks regarding the state housing policy and future plans of the State Mortgage Company (GMC).

13.01.2026, 20:30
Since January 1, alcohol in Kyrgyzstan has become more expensive
Economy

Since January 1, alcohol in Kyrgyzstan has become more expensive

Excise rates on alcoholic beverages have been increased in Kyrgyzstan The State Tax Service of Kyrgyzstan has announced an increase in the excise tax on alcoholic products. This change is part of the planned measures outlined in the resolution of the Government of the Kyrgyz Republic dated December 18, 2025.

13.01.2026, 20:05
The credit portfolio of banks in Kyrgyzstan has increased by one and a half times.
Economy / Exclusive

The credit portfolio of banks in Kyrgyzstan has increased by one and a half times.

According to the latest data, from January to September of this year, there has been a significant increase in bank lending in Kyrgyzstan, especially in the segments of consumer loans, trade, and mortgage programs. According to the National Statistics Committee, as of October 1, the credit portfolio of the banking sector reached 461.1 billion soms, which represents an increase of 1.5 times or 160.3 billion soms compared to the same period last year.

13.01.2026, 17:24
Economy

The Rosselkhoznadzor Suspended the Import of Eight Tons of Frozen Dumplings from Kyrgyzstan

The Rosselkhoznadzor Administration for the Orenburg Region halted an attempt to illegally import 8.6 tons of frozen dumplings from Kyrgyzstan at the Russian-Kazakh border. The agency's press service reported this incident. It became known that the product did not meet veterinary requirements. Some of the dumplings lacked the necessary veterinary documents and had not undergone the full set of laboratory tests, which violates the sanitary standards of the Eurasian Economic Union.

13.01.2026, 17:06
The antimonopoly agency threatened restaurants and cafes with fines for expensive menus
Economy

The antimonopoly agency threatened restaurants and cafes with fines for expensive menus

Complaints have been received by the editorial office of VB.KG from residents of Bishkek regarding the rising prices of dishes in restaurants and cafes following the cancellation of the service charge. In response to these concerns, we reached out to the Antimonopoly Regulation Service under the Ministry of Economy and Commerce of the Kyrgyz Republic, where the situation was commented on by Chairman Jenaly Orozbaev.

13.01.2026, 17:03
The Railways of Kyrgyzstan Achieve Record Transportation Volumes
Economy / Exclusive

The Railways of Kyrgyzstan Achieve Record Transportation Volumes

The length of the Kyrgyz railway is 424.6 km, and it plays a crucial role in the country's transport infrastructure. This network provides a strategic connection between Kyrgyzstan and the railway systems of neighboring countries, as well as facilitating the development of international trade and passenger transportation. The railway network of the republic consists of two isolated sections: the northern section, 323.4 km long, connects Rybalche with TurkSib in Kazakhstan, serving as an

13.01.2026, 15:44
Economy

In Kazakhstan, a drought and water shortage are forecasted for 2026

Today, January 13, Kazakhstan's Minister of Water Resources and Irrigation Nurzhan Nurzhigitov voiced a troubling forecast regarding the country's water supply. According to information provided by Tengrinews, a sharp decrease in water inflow to rivers is expected in the southern regions. Nurzhigitov noted that the water level in reservoirs on the upper reaches of the Syr Darya River in neighboring countries is 3.2 billion cubic meters lower than during the same period last year. In

13.01.2026, 14:30
Economy

Dastan Bekeshev Reminded of Past Failures When Public Services Were Outsourced

Dastan Bekeshev, a deputy of the Jogorku Kenesh, expressed his concerns regarding the possible transfer of state and municipal services to private companies. He noted that this could jeopardize the security of citizens' personal data. Today, January 13, during the first reading, a draft law was reviewed that proposes outsourcing part of the services provided by state institutions.

13.01.2026, 14:22
Economy

Some public services are set to be transferred to private companies. How much could tariffs increase?

The Cabinet of Ministers is initiating a bill to transfer a number of state and municipal services to private companies. This proposal was discussed today, January 13, at a meeting of the Constitutional Legislation Committee of the Jogorku Kenesh, where the project was reviewed in its first reading. According to the explanatory note, the state currently provides many services for free, but budgetary constraints do not always allow for meeting the demands of all citizens in need of these

13.01.2026, 14:06
Cafes and restaurants will be checked due to complaints about rising prices – Antimonopoly
Economy / Exclusive

Cafes and restaurants will be checked due to complaints about rising prices – Antimonopoly

In connection with the rise in prices for dishes in restaurants and cafes, punitive measures are expected. This was announced by Zhenaly Orozbaev, chairman of the Antimonopoly Regulation Service, in an interview with the Kabar agency. According to him, as of January 1, a new regulation has come into effect in the country, abolishing service charges in public catering establishments. Currently, complaints are being received from customers.

13.01.2026, 13:56
Economy

New Benefits Will Be Provided for the Sewing and Textile Industry

The State Tax Service (STS) announces the introduction of new benefits for the sewing and textile industry, according to a law adopted in Kyrgyzstan on December 31, 2025. According to this law, starting from January 1, 2026, enterprises in this sector will pay insurance contributions of 12% of 40% of the average monthly salary for each employee. This amounts to 2,115.5 soms. Additionally, the income tax will be 1% of the average monthly salary, which is 440.7 soms. In total, the overall amount

13.01.2026, 13:54
Economy

New Benefits for the Sewing and Textile Industry Have Emerged

The State Tax Service of the Kyrgyz Republic informs that in accordance with the Law of the Kyrgyz Republic "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Taxation, Social Insurance, and Non-Tax Revenues," a reduction in tax rates for the sewing and textile industry is provided. According to the innovations, until January 1, 2030, a unified insurance contribution rate of 12% has been introduced for all participants in the sewing and textile industry,

13.01.2026, 13:47
Economy

In Kyrgyzstan, requirements for participants in the virtual asset market will be tightened

The Cabinet of Ministers of the Kyrgyz Republic has approved a resolution aimed at improving the regulation of the virtual assets sector and creating stable conditions for the development of the cryptocurrency market. According to the new document, all existing service providers related to virtual assets must align their minimum charter capital requirements with the established criteria by March 1, 2026, as outlined in the regulations for the activities of virtual asset trading operators

13.01.2026, 12:47
New Life for Uranium Lands: IAEA Launches Plan for Central Asia
Economy

New Life for Uranium Lands: IAEA Launches Plan for Central Asia

For over half a century, Central Asia has been a key source of uranium for the Soviet Union. Here, not only was ore mined, but raw materials from other countries were also processed. As a result, significant volumes of radioactive waste were generated, which are stored in dumps and tailings. By 1995, most mines had ceased operations, but reclamation efforts remained at a low level. This remaining legacy poses a serious threat to human health and the ecosystem; in particular, there is a risk of

13.01.2026, 10:04
Exchange rates in commercial banks of Kyrgyzstan as of January 13
Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 13

The data obtained is based on information from commercial bank websites. If you have questions about the presented data, it is recommended to contact the banks directly. The information is current as of the time of publication. Please note that the indicated rates apply to cash currency exchange and may change throughout the day.

13.01.2026, 09:46
Economy

"Bakay Bank" has updated its management team

At the extraordinary general meeting of shareholders of OJSC "Bakay Bank," held on December 22, 2025, a decision was made to reform the management and update the leadership composition. This information was disseminated by the Kyrgyz Stock Exchange. In the bank, it was noted that they are transitioning to a management model typical for large international financial organizations, where the functions of ownership and operational management are clearly separated.

13.01.2026, 09:27
Economy

New Online Shopping Rules in the EAEU Countries Will Come into Effect on July 1, 2026

The Council of the Eurasian Economic Commission (EEC) has approved new conditions for the import of goods purchased by individuals on foreign marketplaces. According to the official website of the EEC, these rules will come into effect on July 1, 2026. According to the new regulations, the threshold for duty-free import of goods is set at 200 euros, and this limit may be revised in the future. If the purchase amount exceeds this threshold, a customs duty of 5% of the purchase value will be

13.01.2026, 07:50
Economy

Who received apartments from GIK in the "Muras" complex? Video report

Just four years ago, Colony No. 47 was located at 91 Malikov Street in Bishkek. Now, this territory joyfully welcomes new residents who have received the keys to their apartments built under the state mortgage program. On December 12, 1,080 families became owners of new housing — this is the second phase of occupancy for the residential complex "Muras," which includes 39 blocks and 4,754 apartments. It is expected that by the end of the year, about 2,700 more families will also

12.01.2026, 20:36
Economy

How much did the maintenance of the presidential administration cost in 2025?

According to the latest data, from January to December 2025, the expenses of the President's Administration of Kyrgyzstan amounted to 849.9 million soms against a planned 867.3 million soms. These figures were obtained from the analysis of the "Open Budget" information. Of the total amount, 139.2 million soms were allocated for basic salaries, 137.9 million soms for bonuses, and contributions and deductions for social needs amounted to 79.6 million soms. Additional payments and

12.01.2026, 16:58
Economy

In Kyrgyzstan, the excise tax rate on alcohol has been increased (number)

Starting from January 1, 2026, an increase in excise tax rates on alcoholic beverages will come into effect. This was reported by the press service of the State Tax Service of Kyrgyzstan. According to the resolution of the Cabinet of Ministers adopted on December 18, 2025, the excise tax on alcohol will be raised gradually from January 1, 2026, until January 1, 2029. From January 1, 2026, the excise tax rate on vodka will be 200 soms per liter, the official statement notes.

12.01.2026, 16:51
Economy

EEC changes rules for importing goods from foreign marketplaces. This will also affect Kyrgyzstan.

The Council of the Eurasian Economic Commission (EEC) has adopted new rules regarding the import of goods purchased by individuals on foreign marketplaces. According to the official statement from the EEC, with the introduction of the new regulations, if the established threshold is exceeded, a duty of 5% of the value will be applied to the goods, as well as a minimum of one euro per kilogram. Special tariffs are provided for certain categories of goods, such as automobiles. Currently, orders

12.01.2026, 16:16
Economy

In Kyrgyzstan, excise tax rates on alcohol will increase starting in 2026

Starting from January 1, 2026, new excise tax rates on alcoholic products will come into effect in Kyrgyzstan. This was reported by the State Tax Service of the country. This increase in excise taxes became possible due to a resolution adopted by the Cabinet of Ministers on December 18, 2025. According to the document, a phased increase in the excise tax on alcohol is planned from 2026 to 2029.

12.01.2026, 15:50