Economy
GAUGI has put a winery in the village of Vinogradnoye up for auction
The starting price of the lot is set at 553.21 million soms
05.12.2025, 02:25
The starting price of the lot is set at 553.21 million soms
Prices per square meter range from 6,000 soms to 176,000 soms. According to experts, the most expensive real estate is located in Bishkek. The capital's real estate market demonstrates the highest prices in the country.
From January to September 2025, the CIS countries produced 409.2 million tons of coal, including both hard and brown coal.
Baketaev noted that the situation is under control and citizens should not worry.
Active preparatory work is already underway at the construction site
Prices for goods and services continue to rise According to public activist Altynbek Dospaev, President Sadyr Japarov can earn 200% trust from the population if he successfully tackles corruption in the trade sector. In an interview with Vesti.kg, he expressed his concern about the current situation with prices.
The agency owns 98.4% of the shares of this company.
In the new building of the National Bank, there is a storage facility for one thousand tons of gold. Kyrgyzstan is actively increasing its gold reserves, as confirmed by data from the World Gold Council.
When exporting goods to EAEU countries, it is necessary to have a complete set of documents.
The Ambassador of Kyrgyzstan in Georgia discussed the launch of direct air communication
The tunnel will be located at an altitude of 2200 meters above sea level
Kyrgyzstan has demonstrated significant progress in reducing its external debt, as reported by Finance Minister Almaz Baketaev in one of his interviews. According to Baketaev, the issue of external debt remains an important topic for the country. He noted that over the past four years, significant results have been achieved in reducing the debt burden.
The Eurasian Economic Commission has announced its intention to improve the provisions of the Treaty on the Eurasian Economic Union. This decision was made during a meeting of the consolidated working group chaired by the Minister for Integration and Macroeconomics of the EEC, Daniyar Imanaliev.
The State Tax Service (STS) reminds that for successful export of goods to EAEU countries, it is necessary to ensure the availability of a complete set of accompanying documents. Among the mandatory documents, the following are highlighted: – contract between the exporter and the recipient; – invoice; – international consignment note (CMR); – packing list; – certificate of origin ST-1; – certificates or declarations of conformity; – phytosanitary or veterinary certificate and certificate of
High-level consultations "From Doha to Bishkek" were held in Bishkek, resulting from the World Summit on Social Development that took place in November in Doha, Qatar. Participants included representatives from international organizations, the government of Kyrgyzstan, state structures, as well as the business community and experts. The session "Investing in People: Developing Human Capital in Kyrgyzstan" discussed key policy measures in the areas of education, healthcare,
In the Alamudun district, in the village of Besh-Kungoy, is the company "Attila Organics Food," which produces meat products inspired by the ancient traditions of nomadic Kyrgyz cuisine. According to information from the Ministry of Agriculture, this enterprise is characterized by a small production volume, offering over 100 types of high-quality products.
The State Tax Service of the Kyrgyz Republic has drawn the attention of exporters to the necessity of having a complete set of accompanying documents for the export of goods to EAEU countries. This requirement will help avoid possible delays and questions during the export process, as noted by the STS. The mandatory documents include:
At the Congress of Financiers of Kazakhstan, the head of the National Bank of Kyrgyzstan, Melis Turgunbaev, reported that in the country, the number of payments made through QR codes in the first half of the year increased 20 times compared to the same period last year. Photo by the media. Head of the National Bank of Kyrgyzstan Melis Turgunbaev
In the village of Petrovka, in the Moscow district of the Chuy region, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, held a working meeting at the BIOJEM plant, where he familiarized himself with the technological process of production. This information was provided by the press service of the Ministry of Agriculture of Kyrgyzstan. BIOJEM is a leading domestic producer of feed for freshwater aquaculture. The plant is equipped with advanced extrusion
The National Bank of the Kyrgyz Republic sets the following exchange rates as of December 4: The dollar is fixed at 87.45 soms, while other currencies continue to strengthen.
After a significant drop in November, the price of Bitcoin began to rise with the arrival of the new month, increasing by more than 7% in the last 24 hours, according to trading platform data. According to information from CoinMarketCap, which analyzes average prices on more than 20 exchanges, as of 10:09 Moscow time, the price of Bitcoin jumped by 7.26% to $93,303.63. On the largest cryptocurrency exchange, Binance, the price of Bitcoin rose by 7.29%, reaching $93,291.72.
In the Tomsk region of Russia, there is an active desire to develop cooperation with Kyrgyzstan. As reported by the regional administration, events are planned to take place both in Bishkek and in the Issyk-Kul region, which previously signed a partnership agreement with the Tomsk region. Photo provided by the Tomsk region administration
At the upcoming business forum "Kyrgyzstan – Pakistan," several important documents are expected to be signed, as reported by the director of the National Investment Agency, Ravshanbek Sabirov, in an interview with the Kabar agency. During the official visit of President Sadyr Japarov to Pakistan, high-level meetings are taking place. A delegation from 23 companies in Kyrgyzstan has arrived in Pakistan, expressing their readiness to cooperate in various fields.
Information about currency exchange rates has been collected from various commercial banks' websites. If you have any questions, it is recommended to contact these institutions directly. The data is current as of the time of publication. The rates mentioned pertain to cash currency exchange and may change throughout the day.
The Eurasian Economic Commission reported that tariffs on certain types of nuts, seeds, and stones have been abolished for three years. This decision was made by the EEC board. In particular, the import customs duties for shea nuts, shorea nuts, sal seeds, Garcinia indica seeds (code 1207 99 960 1 TN VED EAEU), and mango (mangifera indica) stones and their kernels (code 1212 99 950 1 TN VED EAEU) are now set at 0 percent of the customs value and will be in effect until December 31, 2028.
The Cabinet of Ministers of the Kyrgyz Republic has approved a program aimed at improving pastures from 2024 to 2029. As part of this initiative, activities are being carried out to restore pastures and increase their productivity in the rural area of Shumkar-Uya, as reported by the press service of the Ministry of Agriculture of the KR. To enhance the quality of pasture soils and increase grass biomass, organic fertilizers "Grukhus" and "Nanakumat" are being used. The
The Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan has announced plans to significantly increase the export potential for local producers in the Chinese market. As part of this initiative, the republic has begun the process of developing and agreeing on five new protocols concerning veterinary and sanitary standards and inspection control procedures. The signing of these documents will ensure access for Kyrgyz goods to new segments of the Chinese market.
The Ministry of Agriculture of the Kyrgyz Republic announces plans to significantly increase the supply of products from domestic producers to the Chinese market. As part of this initiative, the republic has begun work on preparing and agreeing upon five new veterinary and sanitary protocols, which include requirements and procedures for inspection control. After the signing of these documents, Kyrgyz products will be able to enter additional segments of the Chinese market.
Photo from the internet. The Russian ruble has reached a record set on July 12, 2025 Based on data from the National Bank of Kyrgyzstan and exchange points in Bishkek, there is an increase in the official rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan, while the dollar remains stable. US Dollar:
The State Agency for Property Management has announced electronic auctions for the sale of a large fattening complex located in the territory of Burana in the Chui region. According to the agency, this complex is intended for the intensive breeding of large and small cattle, as well as poultry and other agricultural animals. The facility has a complete infrastructure that allows for the entire cycle of production processes: from the reception and veterinary treatment of animals to their
From January 1 to December 31, 2026, commercial banks and payment organizations are not allowed to charge commission fees from recipients of money transfers within the territory of Kyrgyzstan. This applies to transfers made through international money transfer systems without opening an account. This decision was made by the Board of the National Bank of the Kyrgyz Republic today, December 3. In the explanation of the decision, it is stated that it is aimed at protecting consumer rights and
In the morning of December 4, the exchange rates at the Moskovsky Soviet are as follows:
The Food and Agriculture Organization of the United Nations (FAO) has called on the international community to raise $2.5 billion to assist more than 100 million people in 54 countries and regions in 2026. This year, the FAO is uniting all its needs into a single structure for the first time. According to the UN News Service, despite significant volumes of humanitarian funding in previous years, the number of people facing food shortages has tripled since 2016.
The official exchange rates that will be in effect on December 4, 2025, have been announced by the National Bank. 1 USD remains at 87.4500 soms; The euro (EUR) rate increased from 101.5382 to 101.8268 soms; The Russian ruble (RUB) also rose from 1.1256 to 1.1274 soms; The Kazakh tenge (KZT) grew from 0.1719 to 0.1735 soms; The Chinese yuan (CNY) went up from 12.3685 to 12.3790 soms. In commercial banks, the average buying rate for the American currency is 87.31 soms, while the selling rate is
On December 3, 2025, the Board of the National Bank of the Kyrgyz Republic approved a new regulation regarding fees for money transfers. According to this document, from January 1 to December 31, 2026, commercial banks and payment organizations will not be entitled to charge fees from recipients of international money transfers made within the territory of Kyrgyzstan without opening a bank account. This measure is aimed at protecting consumer rights and improving the accessibility of money
On December 3, 2025, a delegation from Kyrgyzstan, representing the interests of President Sadyr Japarov, made an official visit to Pakistan, which strengthened economic ties between the two countries. As a result of the visit, organized by the National Investment Agency, key industrial and scientific-technical facilities in Islamabad were explored.
At Christie’s auction, the "Winter Egg" by Fabergé, which previously belonged to Nicholas II, was sold for an impressive $25.7 million. This was reported on the official Christie’s website. Until this moment, the most expensive Fabergé egg was considered to be the "Rothschild Egg," which was sold for $18.5 million in 2007 at the same auction.
From January 1 to December 31, 2026, commercial banks and payment systems are not allowed to charge fees to recipients of money transfers arriving in Kyrgyzstan through international systems if they do not open an account. This decision was approved by the Board of the National Bank of the Kyrgyz Republic today, December 3. In the explanation of the decision, it is stated that this measure is aimed at protecting consumer rights and improving access for the population to money transfers made
The National Bank of Kyrgyzstan has introduced a temporary ban on charging fees for domestic money transfers. This regulation will come into effect on January 1, 2026, and will last until December 31 of the same year. According to the new document, commercial banks and payment organizations are not allowed to charge fees:
Kyrgyzstan and Pakistan have every chance to significantly increase the volume of mutual trade if effective logistics routes are developed, which will help reduce transportation costs. Experts emphasize that one of the central issues at the upcoming negotiations between Sadyr Japarov and Shahbaz Sharif will be the development of transit corridors. In 2024, the trade turnover between the two countries amounted to only 16 million dollars, which, by modern standards, seems quite modest. Political
The Ministry of Economy and Commerce has presented a draft order that introduces a unified methodology for developing master plans for growth poles. This document aims to create an effective and standardized system for regional development planning until 2030. Standardization of Regional Planning
On November 28, a panel session titled "Central Asia: A Bridge Between East and West. How the Cultural Code Shapes the Economy of the Future" took place in Yekaterinburg, featuring the Consul General of the Kyrgyz Republic, Maksat Tentimishov. This was reported by the Ministry of Foreign Affairs of Kyrgyzstan. This session was part of the IX All-Russian Forum "Cities of Russia: Technologies of Leadership," which was held on November 27-28.
New equipment for filtering safflower oil has been delivered to the Ak-Talinsky district from Turkey. This supply was made with the financial support of the UNDP project (UN Development Program), as reported by private businessman Akylbek Abdildaev. Currently, the price of one liter of safflower oil is 200 soms.
From January to October 2025, the currency market of Kyrgyzstan showed mixed results for key foreign currencies compared to the same period in 2024, as reported by the National Statistics Committee, citing data from the National Bank of the Kyrgyz Republic. According to the presented data:
In early November, President Sadyr Japarov signed a law concerning changes in the regulation of pharmaceuticals and medical devices. This step is aimed at simplifying the registration process for a number of medications. Although the topic may seem important, many do not fully understand what exactly will change and how it will affect patients, doctors, and pharmaceutical manufacturers. Ayaz Zharkynbaev, the director of the Institute of Legislation and the Rule of Law under the Ministry of
A consortium of ten banks in Europe, including financial institutions such as UniCredit, Raiffeisen Bank International, and BNP Paribas, has announced the creation of a company called Qivalis to implement a euro-pegged stablecoin. The launch is expected to take place in the second half of 2026, as reported by RIA Novosti. In a press release, Qivalis emphasizes that the company plans to obtain all necessary licenses from regulators and is preparing to enter the market with a new digital payment
According to the data from the Central Treasury of the Ministry of Finance, from January to September 2023, the state budget of Kyrgyzstan ended the reporting period with a surplus of 93 billion 407 million soms. This corresponds to 7.5% of the gross domestic product (GDP). This information was published by the National Statistical Committee. Budget Revenues
The national payment system "Elkart," presented by JSC "Interbank Processing Center," has successfully completed the first integration test with the international platform Alipay+. The testing took place at the Alipay+ office in Shanghai during the working visit of the chairman of JSC "IPC," Altymysh Turatbekov, to China. During the event, specialists conducted a verification of the payment scenario via QR code in the Alipay system. The successful execution of the