Economy

EAEU: Cheap RES Do Not Guarantee Low Final Energy Costs and System Stability

Today, during the online presentation of the analytical report "Energy of Central Asia: Modernization and Energy Transition," Arman Akhunbaev, head of the Sectoral Analysis Center of the Eurasian Development Bank, noted that "cheap renewable energy sources (RES) cannot guarantee low end-user costs and the stability of the energy system." According to him, the modern world no longer questions the feasibility of building RES. The cost of solar power plants has fallen by 70%

19.03.2026, 17:01
A Machine and Tractor Station Commissioned in the Ak-Su District
Economy / Exclusive

A Machine and Tractor Station Commissioned in the Ak-Su District

A new machine and tractor station (MTS) has begun operating in the Ak-Suu district, created to support local farmers and modernize the agricultural sector. This was reported by the Ministry of Agriculture. The project was initiated by President Sadyr Japarov, who allocated 108 million soms from the Presidential Fund for its implementation. The MTS was established using the base of the previously existing enterprise "Selenenergo," located in the village of Ak-Suu.

19.03.2026, 16:27
Economy

Tax officials found a gas station selling unmarked gasoline. 8.5 tons of fuel seized.

Employees of the State Tax Service of Kyrgyzstan conducted a raid in the Moscow district of Chui region and recorded the fact of illegal gasoline sales. This was reported by the press service of the STS KR. In the village of Sadovoe, it was established that fuel was being sold without the mandatory labeling with molecular markers at one of the gas stations. A special analyzer confirmed the absence of the marker in the fuel composition. Additionally, the results of laboratory tests conducted at

19.03.2026, 16:19
There was a malfunction in the operation of banking applications in Kyrgyzstan.
Economy

There was a malfunction in the operation of banking applications in Kyrgyzstan.

Users are facing difficulties when making payments for goods and services On March 19, a major failure occurred in the banking applications in Kyrgyzstan, causing dissatisfaction among users who report issues when paying for goods and services through the ELQR system. The JSC "Interbank Processing Center" noted that there are currently temporary difficulties in performing certain operations through ELQR. Representatives of the JSC added: "Our partner is already working on

19.03.2026, 16:04
Economy

In Chui Region and Bishkek, a cluster is planned to be launched to stabilize meat prices

In 2026, a pilot project aimed at creating a meat cluster based on the industrial fattening of cattle will be launched in Bishkek and the Chui region. This was announced by the Deputy Prime Minister and Minister of Agriculture Erlis Akunbekov. The project aims to form a unified production and logistics chain covering all stages—from fattening to the sale of finished products. Participants in the meat cluster, including farmers and agribusiness entrepreneurs, will be able to count on

19.03.2026, 16:03
Economy

Where have the most private houses been commissioned in Kyrgyzstan since the beginning of the year? Chart

According to data from the National Statistical Committee, in January and February 2026, 1,428 individual residential buildings were put into operation in Kyrgyzstan, with a total area of 198 thousand square meters. The pace of housing construction increased by 8.2% compared to the same period last year. Investments in fixed capital reached 6 billion 102.4 million soms.

19.03.2026, 15:19
A modern veterinary vaccine production plant will be built in Kyrgyzstan.
Economy

A modern veterinary vaccine production plant will be built in Kyrgyzstan.

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic has announced the start of a project aimed at creating a modern enterprise that will ensure epizootic safety in the country. The head of the department, Erlis Akunbekov, held a meeting with representatives of JSC "Altyn Tamyr," the only company in the country engaged in the production of biopreparations. During the conversation, key aspects of the construction of the new plant were discussed,

19.03.2026, 14:37
Economy

There has been another failure in the operation of banking applications in Kyrgyzstan.

On March 19, users of banking applications began to encounter problems when making payments through the ELQR system again. Many complained about transaction delays, the absence of a displayed scanned QR code, as well as complete app failures. As reported by Kaktus.media from the JSC "Interbank Processing Center," there are indeed temporary difficulties with performing some operations through ELQR today. "These issues are caused by failures on the part of one of the participants

19.03.2026, 14:22
Kyrgyzstan Plans Large-Scale Supplies of Eco-Products to the Chinese Market
Economy

Kyrgyzstan Plans Large-Scale Supplies of Eco-Products to the Chinese Market

Kyrgyzstan is taking steps to promote its eco-friendly products in the vast Chinese market. The focus has been on the prospects for expanding exports, which were discussed in Chengdu, where the trade representative of the Ministry of Economy of Kyrgyzstan, Jusubali Toromamatov, held a meeting with the leadership of Chengdu International Trade Group. The press service of the ministry reported that the parties discussed practical ways for Kyrgyz goods to enter the premium import market.

19.03.2026, 14:07
Economy

The EAEU Plans to Simplify the Selection of Cooperation Projects from Kyrgyzstan. What Does This Mean?

As reported by the head of the EAEU Coordination Department, Elimbek Kanybek uulu, at a press conference in Bishkek, a meeting of the prime ministers of the EAEU member states will take place on March 26-27 in Shymkent (Kazakhstan). The agenda will include a discussion on the Regulation for selecting joint cooperative projects in various sectors and financial assistance for their implementation. During the meeting, a mechanism for subsidizing interest rates will be presented, which will be

19.03.2026, 13:34
The Head of the Tax Service Warned About Risks to Kyrgyzstan's Economy Due to Weak Business
Economy / Exclusive

The Head of the Tax Service Warned About Risks to Kyrgyzstan's Economy Due to Weak Business

Almambet Shykmamatov, head of the State Tax Service of Kyrgyzstan, expressed the opinion that the lack of developed business could lead to poverty in the country. He made this statement during a meeting with entrepreneurs in Osh. He noted that the presidential decree regarding the temporary moratorium on tax audits prohibits the initiation of cases against entrepreneurs. Since its signing, not a single criminal case has been registered against businessmen.

19.03.2026, 12:22
Economy

Halal Industry in Kyrgyzstan: How Products are Tested for Compliance with Islamic Standards

Today, the halal industry represents a dynamically developing market with multi-billion dollar volumes that continues to grow actively. Kyrgyzstan is also making strides in this direction, although there is still much work to be done. The "halal" sign can be seen everywhere, but this does not always mean that the corresponding goods or services truly comply with Sharia norms. Global TrendsThe halal product market has significantly expanded in recent years. This sector of the economy

19.03.2026, 12:07
Economy

Sadyr Japarov Introduced a Temporary Ban on Business Inspections. But Not for Everyone

President Sadyr Japarov issued a decree temporarily prohibiting business inspections, aimed at helping to stabilize economic activity. This decree was signed on March 14 and is intended to create a more favorable business environment, improve the investment climate, and reduce excessive interference by government bodies in entrepreneurial activities. As part of the moratorium, state regulatory bodies will focus on consulting entrepreneurs, which will allow them to comply with legislation and

19.03.2026, 12:06
In the Toktogul District, a model project for intensive gardening has been launched
Economy

In the Toktogul District, a model project for intensive gardening has been launched

As reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, this project will serve as a demonstration site for the implementation of water-saving technologies in the region. The main goal is the rational use of water resources and the return of unused lands to active agricultural circulation. In the coming days, the establishment of an intensive orchard will begin on the prepared land. Out of 30 hectares, 15 will be

19.03.2026, 11:45
Economy

GDP is Growing, but So Are Prices. The Situation at the Beginning of the Year

The gross domestic product of Kyrgyzstan, according to preliminary data, amounted to 264.1 billion soms in January-February 2026, which is 8.8% more compared to the same period in 2025. Minor Slowdown in GrowthThe First Deputy Minister of Economy and Commerce, Choro Seitov, shared with journalists that this year an economic growth rate of 8.5-8.6% is expected. Growth is anticipated in sectors such as construction, pharmaceuticals, as well as in the light industry and automotive manufacturing.

19.03.2026, 11:31
Economy

Serving of pilaf: how the price of the favorite dish has changed over the year

Plov, which is part of UNESCO's cultural heritage, is popular not only in Kyrgyzstan but also in other Central Asian countries. This traditional dish is often prepared for holidays. In anticipation of Orozoi Ait and Nowruz, Kaktus.media conducted a study to find out how much it costs to prepare plov in different parts of the country and how its prices have changed over the year.

19.03.2026, 11:27
Danil Ibraev: Kyrgyzstan Can Earn from the Export of Skilled Labor
Economy

Danil Ibraev: Kyrgyzstan Can Earn from the Export of Skilled Labor

A project has been launched in Kyrgyzstan to create a specialized center that will focus on professional training and education of personnel. This was announced at a press briefing by Danil Ibraev, a member of the Presidium of the Business Council of the EAEU. He noted that the new educational structure will have a dual purpose: to provide the domestic market with qualified specialists and to prepare workers for international employment according to global standards.

19.03.2026, 11:21
Kyrgyzstan Exports Corn to China for the First Time
Economy / Exclusive

Kyrgyzstan Exports Corn to China for the First Time

An important event took place in Kyrgyzstan: the country exported corn to China for the first time. This information was announced by representatives of the Ministry of Agriculture of the Kyrgyz Republic. The first shipment was carried out on March 16, 2026, and amounted to 25 tons. The exporter was a farming enterprise called "Ziyabidin Ata".

19.03.2026, 11:05
Innovative Renewable Energy Solutions for Agriculture Presented in Bishkek
Economy

Innovative Renewable Energy Solutions for Agriculture Presented in Bishkek

In Bishkek, an event dedicated to the implementation of renewable energy sources in agriculture took place at the I. Razakov Kyrgyz State Technical University. This event was organized by the Public Foundation "Center for the Development of Renewable Energy and Energy Efficiency" as part of a cross-border project covering Kyrgyzstan and Tajikistan. Support from international partners, such as the German Agro Action (Welthungerhilfe e.V.), GIZ, and the UK government, aims to reduce

19.03.2026, 10:55
Exchange rates in commercial banks of Kyrgyzstan on March 19
Economy

Exchange rates in commercial banks of Kyrgyzstan on March 19

Information was gathered from the websites of various commercial banks. If you have any questions regarding the provided data, it is recommended to contact the banks directly. The currency rates presented here are current as of the time of publication and are intended for cash exchange. It should be noted that they may change during the working day. The official rates of the National Bank of the Kyrgyz Republic, as well as the currency rates in exchange offices in Bishkek, are available for

19.03.2026, 10:43
Kubanychbek Zhekshenbekov: "Ala-Archa" is becoming a global tourist hub
Economy / Exclusive

Kubanychbek Zhekshenbekov: "Ala-Archa" is becoming a global tourist hub

The Ala-Archa National Park has always held special significance for the people of Kyrgyzstan, representing not just a geographical point, but a place to rejuvenate and enjoy the beauty of nature. Currently, the park is undergoing one of the most significant transformations in its history. Deputy Director Kubanychbek Zhekshenbekov shared details with our publication about how they are managing to connect untouched nature with modern technologies.

19.03.2026, 10:30
Economy

For the first time, one agricultural product from Kyrgyzstan was exported to China

According to information provided by the Department of Chemicalization, Plant Protection, and Quarantine under the Ministry of Water Resources, Agriculture, and Processing Industry, the export of corn from Kyrgyzstan to China has begun. The press service of the department reported that on March 16, the first batch of 25 tons was shipped. The export was handled by the farming enterprise "Ziyabidin Ata".

19.03.2026, 10:27
In Chuy Region, a livestock product control system has been implemented
Economy / Exclusive

In Chuy Region, a livestock product control system has been implemented

On March 18, 2026, a pilot operation of the updated Animal Identification and Tracking System (AIATS) was launched in the Chui region, initiated by the Korean International Cooperation Agency (KOICA) in collaboration with the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. This was reported by KOICA. This initiative is part of a project aimed at "Enhancing the Safety of Animal-Origin Food" through the creation of a comprehensive intelligent

19.03.2026, 10:08
Ibraev: The EAEU Must Accelerate the Creation of Unified Markets
Economy

Ibraev: The EAEU Must Accelerate the Creation of Unified Markets

At a press conference dedicated to Kyrgyzstan's plans within the framework of the Eurasian Economic Union, the president of the Kyrgyz Union of Industrialists and Entrepreneurs, Danil Ibraev, emphasized that deepening integration within the EAEU will be a critical element for ensuring the stability of national economies in the face of global crises. He noted that the creation of unified markets for goods, finance, and energy resources will provide domestic companies with equal conditions

19.03.2026, 10:03
In two months, over 1,400 private houses were put into operation in Kyrgyzstan
Economy

In two months, over 1,400 private houses were put into operation in Kyrgyzstan

Photo by Alexander Aydaraliev. During this period, 390 houses were commissioned in the capital According to the National Statistical Committee, from January to February 2026, 1,428 individual residential houses were put into operation in the republic, corresponding to a total construction area of 198 thousand square meters. Compared to the same months in 2025, this figure increased by 8.2 percent. The volume of investments in fixed capital amounted to 6.1 billion soms.

19.03.2026, 09:57
Economy

Corn from Kyrgyzstan Exported to China for the First Time

The Ministry of Water Resources, Agriculture, and Processing Industry, through the Department of Chemicalization, Plant Protection, and Quarantine, has announced the start of corn exports to China. The first shipment, consisting of 25 tons of corn, was sent on March 16. The exporter was the farming enterprise "Ziyabidin Ata".

19.03.2026, 09:45
Currency exchange rates for March 19
Economy / Exclusive

Currency exchange rates for March 19

The National Bank of Kyrgyzstan has presented the current currency rates as of March 19. According to official data, the current rates are as follows: US Dollar (USD) — 87.45 som; Euro (EUR) — 100.85 som; Russian Ruble (RUB) — 1.05 som; Kazakh Tenge (KZT) — 0.18 tiyn; Yuan (CNY) — 12.72 som.

19.03.2026, 09:37
The Russian ruble continues to fall, the tenge has also depreciated. Currency exchange rates as of March 19.
Economy

The Russian ruble continues to fall, the tenge has also depreciated. Currency exchange rates as of March 19.

Photo from the internet. The Russian ruble has lost 3.31% of its value since the beginning of the week Against the backdrop of changing currency rates, the euro and the Chinese yuan have risen in price relative to the som. At the same time, the Russian ruble continues its sharp decline, while the Kazakh tenge has slightly decreased after reaching a record high the day before. The exchange rate of the US dollar has remained stable, according to data from the National Bank of Kyrgyzstan. US

19.03.2026, 09:34
Economy

Kyrgyzstan entered the top 5 countries exporting flour confectionery products from Russia

According to information provided by the federal center "Agroexport," Kyrgyzstan has entered the top five countries that export flour confectionery products from the Russian Federation. In 2022, Russia set a new record for revenue from the export of flour confectionery products, amounting to $788 million, which is an 11 percent increase compared to the previous year.

19.03.2026, 09:23
Economy

The price of Brent oil rose to $112 per barrel

On the London ICE exchange, Brent crude oil futures for May 2026 today surpassed the $112 per barrel mark. This data is confirmed by trading information. This level of Brent crude oil prices has been recorded for the first time since March 9, 2025.

19.03.2026, 09:10
In Kyrgyzstan, there is a shortage of more than 1,000 veterinarians.
Economy

In Kyrgyzstan, there is a shortage of more than 1,000 veterinarians.

In Kyrgyzstan, there is a shortage of veterinary personnel exceeding 1,000 specialists. This information was announced by Abai Kazakov, who is the head of the department for anti-epizootic control in the Ministry of Water Resources, Agriculture, and Processing Industry, during a broadcast on "Birinchi Radio". Illustration

19.03.2026, 08:33
Economy / Exclusive

The prices for the construction of the Sports Palace for 5,200 seats and the "Akyllman" lyceum in the city of Manas are inflated, - minister

The Ministry of Construction, Architecture, and Housing and Communal Services has begun to monitor nine major projects in the Jalal-Abad region due to identified inflated estimates. This was reported by Minister Nurdana Oruntaev on March 18 in the city of Manas. As reported by Turmush correspondent, during a working meeting with construction company leaders and local authorities, the minister expressed dissatisfaction with the implementation of large construction projects in Manas.

18.03.2026, 23:11
Trade Representative of the Kyrgyz Republic in China Held Negotiations on Expanding Exports to Chengdu
Economy / Exclusive

Trade Representative of the Kyrgyz Republic in China Held Negotiations on Expanding Exports to Chengdu

In Chengdu, a meeting took place between Jusubali Toromamatov, the trade representative of the Kyrgyz Republic in China, and Zhang Luzhi, the chairman of the board of Chengdu International Trade Group Co., Ltd. During this working meeting, the possibilities of increasing the supply of high-quality eco-friendly products from Kyrgyzstan to the Chengdu market were discussed, utilizing the corporation's logistics resources. According to reports, Toromamatov informed the Chinese partners about

18.03.2026, 22:17
Authorities launch a meat cluster and distribute preferential loans to curb prices
Economy

Authorities launch a meat cluster and distribute preferential loans to curb prices

The pilot project will begin its work in Bishkek and the Chui region Erlist Akunbekov, Deputy Chairman of the Cabinet of Ministers, announced a new approach to controlling meat prices in the country, which includes the launch of a pilot project aimed at developing a meat cluster. The project will be implemented in Bishkek and the Chui region with the goal of increasing meat production volumes through the industrial fattening of cattle. Throughout 2026, cluster participants, such as farmers and

18.03.2026, 21:29
EADB will provide a loan for the construction and reconstruction of roads in Osh
Economy

EADB will provide a loan for the construction and reconstruction of roads in Osh

The Parliament approved the bill in the second reading The second reading of the bill on the ratification of the agreement between Kyrgyzstan and the Eurasian Development Bank regarding the project "Improvement of Roads in the City of Osh" was successfully held in the Jogorku Kenesh. As part of this project, the construction of two overpass bridges and the reconstruction of a 3.2-kilometer section of road in Osh is planned. The total cost of the project is approximately 19.3 million

18.03.2026, 21:25
Almambet Shykmamatov: Tax reform must be balanced
Economy

Almambet Shykmamatov: Tax reform must be balanced

In Osh, a meeting was held organized by the head of the State Tax Service, Almambet Shykmamatov, which brought together entrepreneurs and accountants. The main focus was on establishing partnerships between fiscal institutions and the private sector. Shykmamatov emphasized that modern tax policy should combine flexibility, ensuring stable budget revenues, and creating comfortable conditions for doing business.

18.03.2026, 21:23
GDP +11.1%. Kyrgyzstan maintains high growth rates in the Eurasian space
Economy / Exclusive

GDP +11.1%. Kyrgyzstan maintains high growth rates in the Eurasian space

In the new report by the Eurasian Development Bank, the results of economic growth in partner countries are presented, where Kyrgyzstan stands out against the backdrop of positive dynamics in Central Asia. In 2025, economic growth in this region reached 7%, and Kyrgyzstan continues to lead with double-digit GDP growth at 11.1% due to strong consumer and investment demand. The economy of Kyrgyzstan has been demonstrating impressive results for the fourth consecutive year. In the current year,

18.03.2026, 16:01