As part of the Digital Transformation Concept of the Kyrgyz Republic, approved by presidential decree, the National Investment Agency is actively implementing digital tools. These measures aim to enhance the efficiency of the investment infrastructure and improve the conditions under which investors operate.
On December 24, the deputies of the Jogorku Kenesh approved amendments to the draft law concerning taxation, social insurance, and non-tax revenues in three readings. The Minister of Economy and Commerce, Bakyt Sydykov, reported that this initiative is aimed at implementing the presidential decree "On Measures to Support Certain Sectors of the Economy" and improving legislation in this area.
During the meeting of the Supreme Eurasian Economic Council, the Concept for the Development of Tourism for the countries of the Eurasian Economic Union was approved. The press service of the Ministry of Economy and Commerce of the Kyrgyz Republic reported that this concept aims to implement joint tourism initiatives and develop routes within the Union. The document outlines strategic directions for the development of the industry, as well as measures aimed at deepening economic cooperation and
The National Investment Agency of Kyrgyzstan has announced the implementation of new digital solutions aimed at simplifying the process for investors and increasing transparency in investment procedures, as reported by the agency's press service. This digitalization is being carried out within the framework of the country's Digital Transformation Concept. In collaboration with JSC "Tunduk," an automated information system called "Investments" is being developed,
Out of nine social products
In 2024–2025, 17 small hydropower plants will be put into operation
The National Bank of Kyrgyzstan has presented consolidated data on the sales of precious metals and collectible coins for the year 2025. As of December 1, 2025, the bank sold 182.6 kilograms of gold bars for a total of 1 billion 854.5 million soms. This is 133.1 kilograms more than in 2024, when 49.5 kilograms of gold were sold.
Four liberalization strategies are planned to be implemented in the construction industry At the meeting of the Supreme Eurasian Economic Council, held on December 21 in St. Petersburg, a set of measures aimed at further developing the single market for construction services was approved.
The Social Fund presented a report on the investment activity of the State Accumulation Pension Fund (GNPF) for the period from January to November 2025. During the 11 months of 2025, the GNPF made investments totaling 20 billion 880 million soms, which were distributed across the following categories:
The data is presented in the budget execution report for 2025, published by the Cabinet of Ministers.
The Prime Minister promised to visit the field
The most registered companies are located in Almaty Kazakhstan holds a leading position in the electronic money market in Kyrgyzstan.
At the Supreme Eurasian Economic Council, a number of decisions aimed at developing a unified market for services (UMS) in the construction sector were approved. As part of this process, four liberalization plans covering 14 different sectors have been outlined, including project management, general contracting, and design work, reports the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic. Key changes include:
In the first ten months of 2025, the Kyrgyz Republic exported 6.2 tons of gold, amounting to $682.8 million. The main shipments were directed to Switzerland and the United Kingdom, with exports decreasing by 70.3% compared to the same period last year. Kaktus.media conducted a study calculating the volumes and directions of gold exports over the last 25 years. The data for the analysis was taken from UN Comtrade (the United Nations International Trade Statistics Database), which is the largest
At a joint meeting of the committees of the Jogorku Kenesh on December 23, the Chairman of the State Tax Service of the Kyrgyz Republic, Alambet Shykmamotov, announced a draft law that proposes benefits for the jewelry sector. This document is aimed at supporting local producers rather than assisting importers, with the goal of developing domestic production.
The Chairman of the Cabinet of Ministers Adylbek Kasymaliev shared plans for the upcoming year
At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev raised the issue of the need to lift the ban on vapes and electronic cigarettes, which came into effect this year. "The ban on import and sale does exist, but nevertheless, vapes continue to enter the market. Previously, we received taxes from this sector, but now not a penny is coming into the budget. At the same time, those who wish can easily purchase them through Telegram channels. Why not lift the ban and
The international authority Financial Times has presented a new ranking
On December 24, the deputies of the Jogorku Kenesh adopted amendments to the legislation on taxation, social insurance, and non-tax revenues in three readings. According to Bakyt Sydykov, the Minister of Economy and Commerce, these changes are aimed at implementing the presidential decree regarding support for certain sectors of the economy, as well as improving the existing legislation.
On December 24, the changes in legislation regarding taxation, social insurance, and non-tax revenues were discussed at a meeting of the Jogorku Kenesh, where the Minister of Economy and Commerce, Bakyt Sydykov, reported on the possible reduction in transportation prices. As part of the draft law, it is proposed to exempt individuals engaged in the buying and selling of cars from income tax, while legal entities would be granted exemptions from value-added tax and sales tax.
According to the press service of the Ministry of Economy, this agreement creates new opportunities for the Kyrgyz Republic in the field of exports and expands access to the Indonesian market. The preferential regime covers a wide range of goods, which should contribute to the economic growth of the state.
At a recent meeting of the Supreme Eurasian Economic Council, important approaches aimed at harmonizing legislation and creating a common financial market within the EAEU were approved. As reported by the press service of the Ministry of Economy and Commerce of the Kyrgyz Republic, this decision is expected to contribute to deepening economic integration while ensuring the protection and stability of national financial systems. The basis of the adopted decision is a differentiated approach to
On December 23, six committees of the Jogorku Kenesh approved the bills concerning amendments to the republican budget for 2025, as well as the budget for 2026 and the planning period for 2027-2028, all in three readings. As Prime Minister Adylbek Kasymaliev reported, the real growth of the gross domestic product (GDP) was 11.5%, exceeding the initial forecast of 9%.
The total amount of securities sold was 700 million dollars
Registration for participants will end on December 26
This year, the plan of 11 billion soms has been exceeded At the final staff meeting, Kanibek Tumanbaev, head of the President's Office of the Kyrgyz Republic, reported a significant increase in the agency's income over the past six years, which amounted to 30 times.
The statistics presented by the Rosselkhoznadzor indicate that the Perm Krai of Russia has significantly increased the volume of timber exports to Kyrgyzstan, increasing it sixfold. In recent months, there has been active development of economic ties between the Perm Krai and the countries of Central Asia.
In the Chuy region, the launch of the small hydroelectric power station "Shamshy" took place. The construction of the station was completed in record time thanks to the financing from the Russian-Kyrgyz Development Fund (RKDF). In October 2024, an agreement was signed under which the project received 1 million US dollars.
On the New York Mercantile Exchange (NYMEX), the price of platinum futures for delivery in January 2026 reached a level above $2,300 per troy ounce, marking the first occurrence since March 4, 2008. As a result, the price increased by 10 percent, according to trading data. As of December 23, the price of platinum futures rose by 10.14 percent, reaching $2,301.2 per troy ounce. By 3:49 Bishkek time, the futures price had increased to $2,302.5, reflecting a growth of 10.2 percent.
This information was announced by Prime Minister Adylbek Kasymaliev
At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev raised the issue of the targeted use of $700 million from the sale of securities. Finance Minister Almaz Baketaev explained that these funds became part of an image project aimed at developing the financial sector. In particular, he noted that the authorized capital of "Eldik Bank" has increased to nearly $1 billion, and the bank plans to implement projects totaling $1.5 billion, the financing of which will be
The Kyrgyz Republic continues to demonstrate positive trends in the economy, which directly affects the growth of investment activity and financial stability. According to the results of 2024, GDP per capita reached 2,513 US dollars, which is 86% higher compared to 2021. It is expected that in 2025 this figure will grow to 2,800 US dollars. These words were spoken by the Chairman of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, during an extended meeting of the committees of the
The Automated Information System (AIS), developed by the Ministry of Water Resources, Agriculture, and Processing Industry, is now actively used for processing applications for tariff quotas. With the help of this platform, meat import management has become digital, eliminating bureaucratic red tape, as reported by the ministry's press center. Impact on business:
The Ministry of Water Management and Agriculture is starting to test an automated system for processing applications for tariff quotas for the import of certain types of meat.
At the meeting of the Jogorku Kenesh on December 24, Deputy Dastan Bekeshev asked a question about the sufficiency of the budget allocated to the Ministry of Education. In response, Dogdurkul Kendirbaeva reported that the implementation of the ministry's main plan would require 1 billion 438 million soms, with 1 billion 428 million 231 thousand soms needed for preschool education, 530 million soms for primary education and higher education institutions, as well as 139 million soms for the
The exchange rates for foreign currencies established by the National Bank of Kyrgyzstan on December 24 are as follows: For several days, the dollar has been steadily holding at 87.45 soms, while other currencies continue to increase in value.
According to the minister, 100 hectares of land have been allocated for the factory, which previously belonged to private owners and was unused. This land has been transferred to the state and is now managed by the state enterprise "Agroholding" under the auspices of the ministry. The project is being implemented at the direction of the President of the Kyrgyz Republic.
Andrey Belov, an expert in logistics, summarized the outgoing year 2025 in his interview with VB.KG and presented key forecasts for 2026 based on data and analytical materials previously published in our publication.
Information is provided based on data collected from commercial bank websites. If you have any questions regarding the presented data, we recommend contacting the respective banks directly. This information is current as of its publication date. Exchange rates are indicated for cash transactions and may change throughout the day.
At a meeting of the Jogorku Kenesh, Prime Minister Adylbek Kasymaliev reported that the volume of foreign direct investment worldwide has decreased by 11%. Nevertheless, according to him, Kyrgyzstan is demonstrating positive dynamics, and in 2024, the growth of foreign direct investment has already exceeded 1 billion soms, which is a 22% increase compared to the previous period. “In the first nine months of 2025, the volume of investments reached 885 million dollars, which corresponds to an
According to the press service of the Ministry of Agriculture of Kyrgyzstan, the initiated state support measures contribute to significant progress in the field of agricultural cooperatives. With the help of preferential loans, leasing programs, and tax benefits, small farms are uniting to create large commodity-producing structures.
The Union of Builders of the Kyrgyz Republic, in collaboration with the Ministry of Construction, Architecture, and Housing and Communal Services of the KR, organized a final event where the achievements of the construction sector over the past year were discussed. This event served as a significant platform for analyzing the results achieved and determining future directions for the development of the industry.
The initiative concerns the interests of the country's citizens As part of the new pricing policy for air transportation, established for 2026, the cost of tickets for domestic flights will be significantly lower than the market price. This measure was announced by the president's press secretary, Askhat Alagozov.
Image from the internet. The Chinese yuan has set a new record value for the second consecutive time this year As of December 24, there is an increase in the official exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan. The US dollar, on the other hand, remains stable. This data was provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:
As of October 31, 2023, Kyrgyzstan's national debt reached $8 billion 692.52 million, increasing by $2.1 billion since the beginning of the year. Of this amount, the external debt is $5 billion 162.90 million, while the internal debt is $3 billion 529.62 million. The external debt grew by $648.04 million, while the internal debt increased by $1 billion 474.9 million compared to December 31, 2022. Kaktus.media analyzed how many loan and grant agreements have been signed since the beginning
In the morning of December 24, the exchange rates at the currency exchange offices located at the Moscow City Council show the following values:
November became a landmark month for Chinese gold purchases, as the import volume from Russia reached a record $961 million. This event marked the largest transaction in the history of bilateral trade in this sector, according to data from the Chinese customs service. In the first 11 months of 2025, the total volume of Russian gold imported into China reached an impressive $1.9 billion, nearly nine times higher than the same figures from the previous year.
Individual entrepreneurs no longer need to visit the tax office in person The State Tax Service of the Kyrgyz Republic has launched a new online service that allows individual entrepreneurs to re-register through the Taxpayer's Cabinet. This was reported on the official website of the agency.