Kyrgyzstan's International Reserves Remain at Around $10 Billion
Economy / Exclusive

Kyrgyzstan's International Reserves Remain at Around $10 Billion

Currently, the international reserves of the Kyrgyz Republic amount to about 10 billion US dollars. This was announced on February 24 at a press conference where the Deputy Chairman of the National Bank, Azat Kozubekov, spoke. According to him, the change in the volume of international reserves in the country is largely related to fluctuations in gold prices on the global market.

24.02.2026, 15:09
Sewing Enterprises in Kyrgyzstan Will Be Able to Obtain Preferential Loans Through Banks
Economy

Sewing Enterprises in Kyrgyzstan Will Be Able to Obtain Preferential Loans Through Banks

Photo courtesy of the Ministry of Economy In Kyrgyzstan, sewing companies will be able to take advantage of preferential loans provided through accredited banks as part of a government initiative to support small and medium-sized businesses. This announcement was made by the press service of the Ministry of Economy and Commerce. This financing program, known as "Preferential lending for small and medium-sized enterprises through interest rate subsidies," was approved by the Cabinet

24.02.2026, 14:46
Economy

OJSC "Trading Company of the Kyrgyz Republic" liquidated - order of the Ministry of Justice

The Ministry of Economy and Commerce has announced the liquidation of JSC "Trade Company of the Kyrgyz Republic." This decision is formalized by the order of the Ministry of Justice numbered 1184-k, which was signed on February 10. According to information from the ministry, after the liquidation, JSC "Trade Company of the Kyrgyz Republic" is no longer the owner of the domain TRADECO.KG. The company also does not conduct its activities through this resource and is not

24.02.2026, 14:43
Tokayev's Visit to the USA Promotes Kazakhstan's Economic Agenda
Economy

Tokayev's Visit to the USA Promotes Kazakhstan's Economic Agenda

Kazakhstan maintains its leadership in Central Asia in attracting foreign investments The President of Kazakhstan, Kassym-Jomart Tokayev, made a visit to the USA, which opened new opportunities for constructive dialogue with leading international companies and financial organizations. The main focus was on long-term investments, localization of production, and Kazakhstan's integration into global supply chains. One significant outcome of the trip was the signing of an investment contract

24.02.2026, 14:38
In the future, electronic wallets will be able to be inherited – NBKR
Economy / Exclusive

In the future, electronic wallets will be able to be inherited – NBKR

In the near future, citizens will be able to inherit funds held in electronic wallets. This was announced at a press conference by Elizat Japarova, head of the banking supervision department of the National Bank of the Kyrgyz Republic. She noted that a draft law is currently under public discussion, which proposes changes to several legislative acts. These changes are aimed at expanding existing norms to include electronic wallets. Japarova reminded that last year, changes were made to the Law

24.02.2026, 14:13
The National Bank explained how the interest rate affects loans, deposits, and mortgages
Economy / Exclusive

The National Bank explained how the interest rate affects loans, deposits, and mortgages

At the press conference, the Deputy Chairman of the National Bank, Azat Kozubekov, explained how changes in the discount rate affect the credit market and mortgage lending. According to Kozubekov, the economy of Kyrgyzstan is structured in such a way that changes in monetary policy primarily impact deposits. An increase in the discount rate primarily raises the yield on deposits.

24.02.2026, 14:10
Mechanization of Agriculture: Readiness for Spring Field Work is 82%
Economy / Exclusive

Mechanization of Agriculture: Readiness for Spring Field Work is 82%

In Kyrgyzstan, the level of readiness of agricultural machinery for spring fieldwork is 82%, which is 2% higher than last year's figure. According to information from the Ministry of Agriculture, there are currently over 92,000 units of agricultural machinery registered in the country, including 22,428 tractors, 1,960 grain harvesters, and other machines. Preparation for the spring work of 2026 is actively underway in the regions, where technical maintenance and repair of machinery are

24.02.2026, 13:53
In 2026, Kyrgyzstan's economy will maintain high growth rates – EDB
Economy / Exclusive

In 2026, Kyrgyzstan's economy will maintain high growth rates – EDB

According to the latest weekly macroeconomic review by the Eurasian Development Bank, in January of this year, Kyrgyzstan's gross domestic product (GDP) grew by 9%. Analysts claim that the main factor behind this growth was high consumer demand. Domestic trade contributed 2.6 percentage points to the overall GDP dynamics, while the services sector added 1.9 p.p. Investments in fixed capital also showed significant growth, increasing by 17.9%.

24.02.2026, 13:44
Economy

Kyrgyzstan Aims to Eliminate Electricity Shortage by 2028

At a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, the fuel and energy complex, architecture, and construction, Energy Minister Taalaibek Ibraev reported on the country's plans to eliminate the electricity deficit by 2028. Currently, Kyrgyzstan is facing a shortage of electricity amounting to about 4 billion kilowatt-hours per year.

24.02.2026, 13:23
In Kyrgyzstan, the development of five new coal seams began in 2025.
Economy

In Kyrgyzstan, the development of five new coal seams began in 2025.

At a meeting of the relevant committee of the Jogorku Kenesh, Energy Minister Talaybek Ibraev announced the expansion of solid fuel extraction geography in Kyrgyzstan. In 2025, the state enterprise "Kyrgyzkomur" will take over the management of five new coal deposits: Torugart, Markai, Beshburkhan, Kojo-Kelen, and Suluktu-11.

24.02.2026, 13:10
Five new coal deposits discovered in Kyrgyzstan in 2025 – Ministry of Energy
Economy / Exclusive

Five new coal deposits discovered in Kyrgyzstan in 2025 – Ministry of Energy

In 2025, five new coal deposits were opened in Kyrgyzstan. This was reported by the Minister of Energy Talaybek Ibraev at a meeting of the committee of the Jogorku Kenesh, responsible for industrial policy, transport, the fuel and energy complex, architecture, and construction. The minister named the new deposits: Suluktu 11, Kojo Kelen, Beshburkhan, Markai, and Torugart. All of them are under the control of the OJSC "Kyrgyzkomur."

24.02.2026, 12:36
Economy

Donors allocate $40.8 million for various projects in the Kyrgyz Republic. The ЖК Committee approved the agreements.

On February 24, the Committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, energy, architecture, and construction, approved several agreements related to infrastructure projects. Among them is a project that involves the construction of a new bridge over the Naryn River on the Bishkek - Osh highway. Deputy Minister of Transport and Communications Ulukbek Janibekov noted that this initiative aims to improve transport connectivity between Kyrgyzstan and

24.02.2026, 12:26
Renewable Energy is Developing in Kyrgyzstan: 650 MW of Solar and Wind Projects in Progress
Economy / Exclusive

Renewable Energy is Developing in Kyrgyzstan: 650 MW of Solar and Wind Projects in Progress

At a meeting of the Jogorku Kenesh Committee on Industrial Policy and Energy, the Ministry of Energy shared information about current initiatives in the field of renewable energy sources (RES) in Kyrgyzstan. According to Minister Talaybek Ibraev, 13 investment agreements have been signed for the construction of solar and wind power plants with a total capacity of 650 MW, and several large projects are in the active implementation stage.

24.02.2026, 12:24
Economy

In Kyrgyzstan, electronic auctions for obtaining subsoil use rights are being introduced

The government of Kyrgyzstan has approved a new temporary procedure that introduces electronic auctions for obtaining rights to subsoil use. This step is part of the presidential decree on reforming the mining industry and aims to combat corruption in the distribution of mineral resources. Licenses for subsoil development will now be granted exclusively through an electronic system. The Ministry of Natural Resources, Ecology, and Technical Supervision intends to launch a pilot project in the

24.02.2026, 12:22
Economy

In some stores, Chinese products were sold without excise stamps.

According to the information from the press service of the State Tax Service (STS), products of Chinese origin without excise stamps were found in two stores. In particular, at a retail outlet owned by OsOO "Chongqing Hogo," 160 units of alcoholic products without excise stamps were discovered, as well as 405 liters of liquid with an alcohol smell and 124 packages of sweet drinks. The Tax Service emphasizes that the sale of excise goods without excise stamps is a serious violation of

24.02.2026, 12:17
By the end of 2030, 48 small hydropower plants are planned to be commissioned in the Kyrgyz Republic.
Economy / Exclusive

By the end of 2030, 48 small hydropower plants are planned to be commissioned in the Kyrgyz Republic.

According to information presented at a meeting of the Jogorku Kenesh committee, Energy Minister Talaybek Ibraev reported that by the end of 2030, 48 small hydropower plants are planned to be commissioned in Kyrgyzstan, with a total capacity of 420.8 MW. Furthermore, the minister noted that since 2021, 27 small hydropower plants with a total capacity of 109.8 MW have already been commissioned in the country, which has allowed for the production of 427 million kWh of electricity annually.

24.02.2026, 12:15
The state minimizes the consequences of EU sanctions against KR banks — Kozubekov
Economy / Exclusive

The state minimizes the consequences of EU sanctions against KR banks — Kozubekov

At a press conference, the Deputy Chairman of the National Bank of Kyrgyzstan, Azat Kozubekov, spoke about the government's actions aimed at reducing the negative consequences of European Union sanctions affecting the country's banking sector. He noted that there is consistent work being carried out by the cabinet of ministers and the National Bank in this area. "Everything that is being done by government agencies is aimed at minimizing the negative impact of the

24.02.2026, 11:50
The IEC clarified the situation regarding the liquidation of "Trade Company KR" and the domain TRADECO.KG
Economy / Exclusive

The IEC clarified the situation regarding the liquidation of "Trade Company KR" and the domain TRADECO.KG

The Ministry of Economy and Commerce has clarified the situation regarding the Open Joint Stock Company "Trade Company of the Kyrgyz Republic." According to the information provided by the ministry, the liquidation of this company was completed on February 10, 2026, in accordance with the current legislation of the Kyrgyz Republic. As for the domain name TRADECO.KG, which previously belonged to the Open Joint Stock Company "Trade Company of the Kyrgyz Republic," a contract

24.02.2026, 11:49
The state is taking all measures to minimize sanctions – NBKR
Economy / Exclusive

The state is taking all measures to minimize sanctions – NBKR

At a press conference, the Deputy Chairman of the National Bank of the Kyrgyz Republic, Azat Kozubekov, reported that the government is actively working to reduce the impact of sanctions imposed by the European Union against several banks in the country. He noted that the joint efforts of the Cabinet of Ministers and the National Bank are aimed at a consistent and systematic resolution of this issue. According to him, the measures being taken help to minimize the negative consequences

24.02.2026, 11:28
Exchange rates in commercial banks of Kyrgyzstan as of February 24
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 24

Information about the exchange rates was collected from the official websites of commercial banks. If you have any questions regarding the presented data, it is recommended to contact the banks directly. This data is current as of the time of publication. Please note that the exchange rates indicated for cash transactions may change throughout the day.

24.02.2026, 11:11
Agricultural Census - 2026: Deadlines, Responsible Parties, Features
Economy

Agricultural Census - 2026: Deadlines, Responsible Parties, Features

Photo by the press service of the Cabinet. Photo by the press service of the Cabinet. At a meeting held by Deputy Prime Minister Bakyt Torobaev, who also serves as Minister of Water Resources, Agriculture, and Processing Industry, organizational aspects of the upcoming agricultural census were discussed. This information was published by the information support department of the Cabinet. According to the information provided by the Chairman of the National Statistical Committee of the Kyrgyz

24.02.2026, 10:55
Economy

The National Bank of Kyrgyzstan has raised the discount rate and named the reasons.

On February 23, the Board of the National Bank of Kyrgyzstan decided to raise the key interest rate by 100 basis points, increasing it to 12%. This change took effect on February 24. Inflation and PricesIn its statement, the National Bank pointed out the need to consider the unstable external economic situation, which is characterized by a high level of uncertainty. The regulator noted that "the prospects for price dynamics depend on the stability of global supply chains and trade flows,

24.02.2026, 10:51
The NBKR raised the discount rate to 12%
Economy / Exclusive

The NBKR raised the discount rate to 12%

On February 23, 2026, the Board of the National Bank of the Kyrgyz Republic decided to raise the interest rate by 100 basis points, bringing it to 12%. This change took effect immediately, as reported by bank representatives. The NBKR noted that the current external economic situation remains complex and carries a certain degree of uncertainty. There is a slowdown in price growth for key goods in international food markets; however, inflation in the partner countries of the Kyrgyz Republic

24.02.2026, 10:39
Economy

The National Bank of Kyrgyzstan has raised the discount rate to 12 percent

Today, the Board of the National Bank of the Kyrgyz Republic announced an increase in the discount rate by 1 percentage point, bringing it to 12%. This decision took effect upon its publication, the press service of the NB KR reported. On the reasons for the rate increase and current prices The National Bank noted that "the external economic situation remains diverse and is characterized by a high degree of uncertainty." It is noteworthy that "in global food markets, the pace of

24.02.2026, 10:21
Ruble and Tenge Continue to Decrease in Value. Currency Exchange Rates for February 24
Economy

Ruble and Tenge Continue to Decrease in Value. Currency Exchange Rates for February 24

Image from the internet. Since Friday, the exchange rate of the Chinese yuan has remained stable, which was previously observed only with the US dollar Amid changes in the currency market, the euro showed growth, while the Russian ruble and the Kazakh tenge continued to lose value. The US dollar and the Chinese yuan remained at previous levels, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

24.02.2026, 09:40
Economy

In Uzgen, "Berekе Bazar" is being reconstructed: investment volume - 1.1 billion soms

At the Center for Public-Private Partnership, a discussion was held on the project for the reconstruction of "Bereke Bazaar," located in the rural municipality of Tort-Kol in the Uzgen district. The main goal of the modernization is to adapt the trading facility to modern standards, improve infrastructure, and create more convenient conditions for conducting commercial activities.

24.02.2026, 09:33
Exchange rates for February 24
Economy / Exclusive

Exchange rates for February 24

The National Bank of Kyrgyzstan has presented the updated exchange rates of foreign currencies against the som as of February 24 of the current year. According to the information provided by the regulator:

24.02.2026, 09:31
Economy

A contract for the reconstruction of the hydroelectric power station built during World War II has been signed.

OAO "Chakan HPP" announced the signing of a contract with China National Heavy Machinery Corporation (CHMC), which will act as the general contractor for the reconstruction of the Lebedinovskaya HPP. This information was announced by the press service of the joint-stock company. It is noted that the contractor has already begun work on the design and estimate documentation.

24.02.2026, 09:28
Economy

In Kyrgyzstan, the export of catalysts and precious metal waste has been banned for six months

The Cabinet of Ministers of Kyrgyzstan has decided to impose a six-month ban on the export of used catalysts and waste containing precious metals. This measure is aimed at combating the illegal export of valuable resources and preserving strategic reserves within the country. According to the new decree, the export of the following materials will be prohibited for the next six months:

24.02.2026, 09:27
Economy

Kyrgyzstan Temporarily Banned the Export of Mineral Fertilizers Outside the EAEU

The Cabinet of Ministers of Kyrgyzstan has decided to impose a temporary ban on the export of mineral fertilizers outside the countries of the Eurasian Economic Union. This restriction will come into effect in five days and will remain in force for six months. The ban covers all types of mineral fertilizers, except for those that were previously imported from third countries and found to be non-compliant with quality standards. Exceptions are also provided for humanitarian supplies organized by

24.02.2026, 09:23
Kyrgyzstanis are urged to be more vigilant when purchasing land plots
Economy

Kyrgyzstanis are urged to be more vigilant when purchasing land plots

The State Service for Land and Water Supervision of the Kyrgyz Republic draws citizens' attention to the increase in cases of fraud in the field of land relations. There are situations where buyers, relying on verbal guarantees about the possibility of construction on the purchased plots, face an unpleasant reality.

24.02.2026, 09:22
Economy

The Ministry of Energy imposes a ban on dangerous autonomous sources

Changes to the rules for electricity usage, which have been in effect since 2012, have been adopted by the Cabinet of Ministers. The main goal of these changes is to adapt legislation to new conditions in the field of renewable energy sources and microgeneration, as well as to enhance the security of the energy system. One of the most significant innovations has been the introduction of a ban on the use of autonomous power sources if their connection does not eliminate the possibility of

24.02.2026, 08:53
"Ala-Too Resort". More than 35 properties are planned to be put up for auction in the second phase.
Economy / Exclusive

"Ala-Too Resort". More than 35 properties are planned to be put up for auction in the second phase.

On February 21, the Deputy Minister of Economy and Commerce of the Kyrgyz Republic, Meder Tumanov, held an on-site meeting in the Ak-Suu district of the Issyk-Kul region. The main purpose of the meeting was to observe the progress of the significant investment project "All-Season Ski Resort Cluster 'Ala-Tuu Resort'" and to assess the fulfillment of obligations. The Ministry of Economy reminded that according to the resolution of the Cabinet of Ministers of the Kyrgyz

24.02.2026, 08:22
Fish farms may begin "emigration" from Kyrgyzstan
Economy

Fish farms may begin "emigration" from Kyrgyzstan

The main reason for this may be the introduction of restrictions on the import of fish feed. In the Republic of Kyrgyzstan, a ban on the import of fish feed may be introduced, as reported by Renad Dosaev, head of the Association of Fish Farms. According to him, farmers from various regions seek help every day. Contradictory information from government bodies creates an atmosphere of uncertainty, undermining trust from the business side. This situation may contribute to the

23.02.2026, 17:24
Economy

Kyrgyzstan Introduced a Ban on Fertilizer Exports

The head of the government, Adylbek Kasymaliev, signed a decree introducing a temporary ban on the export of mineral fertilizers outside the customs territory of the EAEU. However, this does not apply to those fertilizers that were imported earlier from third countries and do not meet quality standards. Export of mineral fertilizers is also permitted within the framework of customs transit and as humanitarian aid provided by the government.

23.02.2026, 17:06
The technology left over from the Soviet era has become outdated: 20 tractors have been transferred to the Forestry Service
Economy / Exclusive

The technology left over from the Soviet era has become outdated: 20 tractors have been transferred to the Forestry Service

The Forest Service, which is part of the Ministry of Emergency Situations, today received 20 tractors from a total of 116 units of equipment transferred by the Ministry of Emergency Situations. This was reported by Murataly Tagaev, the director of the Forest Service, in an interview with the "Kabar" agency. According to Tagaev, the new tractors will be intended for various economic tasks within the forest system.

23.02.2026, 16:41
Economy

The amount of customs discrepancies between Kyrgyzstan and China in 2025 has become known

As of the end of 2025, the difference in customs statistics between Kyrgyzstan and China amounted to $22 billion 225 million. This data was obtained by comparing information from the General Administration of Customs of the People's Republic of China and the National Statistical Committee of Kyrgyzstan. China reported a trade volume of $27 billion 198.9 million for the period from January to December, while Kyrgyzstan reported $4 billion 973.8 million.

23.02.2026, 16:40
Economy

In Kyrgyzstan, they want to tighten the requirements for controlling vehicle exhaust emissions.

A draft order "On the Approval of the Procedure for State Control over Emissions of Pollutants from Mobile Sources" has been submitted for public discussion, prepared by the Ministry of Natural Resources, Ecology, and Technical Supervision of the Kyrgyz Republic. The document is available on the portal for discussion. This initiative aims to fulfill the provisions of Articles 18 and 20 of the Law of the Kyrgyz Republic "On Air Protection." This law is an important aspect of

23.02.2026, 16:03