The Committee of the Jogorku Kenesh supported changes to the legislation As part of the bill concerning changes in taxation, social insurance, and non-tax revenues, it is proposed to exempt from VAT the equipment, technologies, reagents, and semi-finished products intended for jewelry production and imported into Kyrgyzstan.
At a joint meeting of six committees of the Jogorku Kenesh on December 23, Deputy Jumabek Salymbekov pointed out that problems at the Kazakhstan-Russia border have led to massive job losses among citizens. He emphasized that measures to reduce taxes in the light industry have begun to yield results: many entrepreneurs have come out of the shadows, and business has started to develop actively.
Deputy Dastan Jumabekov
On December 23, six committees of the Jogorku Kenesh approved draft laws concerning changes to the republican budget for 2025 and the planned period for 2026-2027, as well as the draft law on the republican budget for 2026 and planned indicators for 2027-2028, and this occurred in three readings. As noted by Prime Minister Adylbek Kasymaliev, the actual GDP growth amounted to 11.5%, exceeding the initial forecast of 9%.
The Cabinet of Ministers begins reforming transit and trade through economic zones In the Kyrgyz Republic, a number of new proposals regarding free economic zones (FEZ) have been presented. These initiatives have been put forward for public discussion in the form of a draft law.
In the 11 months of 2025, Kyrgyzstan collected 20 billion 996.1 million soms in tax and insurance contribution debts, as reported by the State Tax Service. According to the agency, these figures were made possible by a systematic approach to working with debtors and enhanced analytical activities.
Local residents oppose the construction of a solar power plant At a meeting of the Jogorku Kenesh, deputy Gulsunkan Junushalieva presented a complaint from the residents of the village of Ortok in the Kochkor district. According to her, local residents are protesting against the construction of a solar power plant: “They claim that they are stopping the work, but the contractors continue. This leads to conflict situations. People also complain that significant areas of pasture are being
Starting from 2026, significant changes are expected in the tax sphere, affecting various industries, including the automotive market, light industry, and investment zones. The tax service shared with 24.kg information about key reforms that may come into effect on January 1. Creation of Special Financial Zones and Support for Sports A new special financial investment territory (SFIT) "Tamchi" has been established in the country. Residents of this zone are now exempt from all taxes.
In 2025, Kyrgyzstan took an important step by starting to export seeds, as reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. State of Seed Production and Crop Farming There are 86 seed production farms operating in the republic. Over a period of 11 months in 2025, agronomists harvested 4,485 tons of high-quality wheat seeds. Support was provided to 2,782 farmers, which is 14% more than in 2024. Thanks to the issuance of over 15 million
During a joint meeting of the committees of the Jogorku Kenesh dedicated to the first reading of the draft law "On the Republican Budget of the Kyrgyz Republic for 2026 and the planned period of 2027-2028," the First Deputy Minister of Finance Ruslan Suynaliev reported that in 2026, the total volume of republican resources will amount to 694.4 billion soms. He also noted that in 2027, it is planned to be 688.9 billion soms, and in 2028 — 716.8 billion soms. Thus, there is a steady
According to the statement by Serik Zhumangarin, the Minister of National Economy of Kazakhstan, an increase in pensions and benefits by 10% is planned in the country for 2026. This information was published on the Tengrinews website. For comparison, the increase in 2025 was 8.5%. A total of 636 billion tenge has been allocated in the budget for 2026 for these purposes, Zhumangarin noted.
The Ministry of Energy has reported that a record number of "smart" meters have been installed in the country this year. Thus, at the beginning of 2025, JSC "National Electric Network of Kyrgyzstan" intended to install 500,000 such meters, and this goal has been successfully achieved.
In the Issyk-Kul region, in the Ton district, a food fair was held, organized at the direction of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. Local residents were offered a variety of products at affordable prices, primarily yak meat and lamb. Yak meat was sold at a price of 600 soms per kilogram, while lamb was slightly more expensive at 650 soms. The fair also offered turkey meat at prices lower than market rates.
According to the information provided by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, at a joint meeting of the committees of the Jogorku Kenesh, it is planned to allocate 58 billion soms in 2026 to increase the salaries of medical workers, educators, and representatives of the cultural sector. Kasymaliev noted that this increase will be implemented in two stages: first from April 1, and then from October 1, 2026.
Deputy Dastan Jumabekov proposed an increase in tax rates for gold mining companies. At the meeting of the committees of the Jogorku Kenesh on December 23, he noted that the consolidated budget of the country amounts to over 1 trillion soms, which is a significant sum. However, in his opinion, there is an opportunity to increase revenues by billions.
This information was announced by the chairman of the Social Fund, Bakhtiyar Aliyev
According to data published by Rosstat, from January to September of this year, Russians made 268.9 thousand trips to Kyrgyzstan. At the same time, citizens of Kyrgyzstan made 269 thousand trips to Russia, which is a 17.6% decrease compared to the previous year.
The project of the republican budget is being discussed in the Jogorku Kenesh
Currently, the budget project for 2025 is being discussed in the Parliament.
In Kyrgyzstan, pensions are increased annually starting from October 1, and they cannot be lower than the established minimum subsistence level. Currently, this minimum is set at 7,100 soms. This statement was made by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, during a joint meeting of the committees of the Jogorku Kenesh. Kasymaliev also reported that next year, efforts will be actively made to address the increase in the income part of the Social Fund, which will allow for
New tax benefits for the football industry
The construction of a leather processing plant has begun in the Issyk-Ata district, as reported by the press service of the Ministry of Water Management, Agriculture, and Processing Industry. According to Minister Bakyt Torobaev, "100 hectares of land, which previously belonged to private individuals and were unused, have been transferred to state ownership and allocated to the state enterprise 'Agroholding'." This project is being implemented under the instruction of the
At the joint meeting of the committees of the Jogorku Kenesh, the Prime Minister Adylbek Kasymaliev announced that the consolidated budget for 2026 has been approved at 843.6 billion soms. He also added that the government aims to collect at least 1 trillion soms next year, directing all its efforts towards achieving this goal.
According to the deputy, 58 billion soms will be needed to increase salaries in 2026.
In the village of Sary-Mogol, located in the Osh region, a project for the construction of a water supply system will be implemented. This was reported on the state procurement website, where the Department of Capital Construction for Drinking Water Supply Facilities announced a tender. According to the terms, the total contract value will amount to 75.3 million soms. The water supply system will be built in the Pamir-Alai rural district of the Alay region.
Beans produced in Talas are starting to conquer the Dubai market. The Deputy Prime Minister and Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, shared this news on the air of Birinchi Radio. He noted that in the autumn season, when bean prices significantly drop, the government allocated 100 million soms to support local farmers. As part of this initiative, 1,000 tons of beans were purchased at a price of 95 soms per kilogram.
According to Investing, the market price of gold has surpassed $4500 per troy ounce for the first time in history. The precious metal reached a record value of $4530.3, and at the time of writing, its price was $4514.25 per ounce, which is 1% higher compared to the previous day. Silver is also showing an increase, rising nearly two percent and exceeding $70 per ounce for the first time in history. A sharp rise in platinum prices is also observed.
Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, announced in an interview with "Birinchi Radio" the plans to build a leather processing plant in the Issyk-Ata region. The information was provided by the press service of the Ministry of Water Resources and Agriculture. According to him, 100 hectares of land that previously belonged to private individuals and were unused have been transferred to the state
As of the end of November 2025, OJSC "Aiyl Bank" announced a net profit of 7.8 billion soms. This was reported at a press conference at the "Kabar" agency by the bank's chairman, Tilek Alimdzhanov. He also presented the current key financial indicators of the institution:
In the autumn of this year, the government of Kyrgyzstan decided to allocate 100 million soms to support farmers from the Talas region who are engaged in bean cultivation. This was reported by Deputy Prime Minister Bakyt Torobaev in an interview with "Birinchi Radio". Torobaev emphasized that during the autumn period, when prices for beans usually decrease, the cabinet of ministers allocated these funds to assist agricultural producers. This money is intended for the purchase of 1,000
Photo by the press service of the Cabinet of Ministers of the Kyrgyz Republic. Adylbek Kasymaliev At a joint meeting of the committees of the Jogorku Kenesh, the head of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, announced plans for the consolidated budget for 2026, which is projected to exceed 843 billion soms. According to Kasymaliev, the government aims for the total budget to exceed 1 trillion soms by 2026.
Trading for the KGST/USDT pair will start on December 24 at around 14:00 Bishkek time, as reported by Binance. Users can already deposit KGST to prepare for the start of trading. For the convenience of traders, trading bots and Spot Algo Orders will also be available for this pair.
Since the beginning of 2023, private agencies have employed 17,167 Kyrgyz citizens abroad, as reported by the Ministry of Labor. In this year, 143 permits for the employment of citizens outside the country have been issued. Out of 206 applications submitted, 19 were rejected, and 51 are under review (including 22 applications without payment).
Stepan Demura, a well-known economist and analyst, has identified the beginning of systemic liquidity problems in global financial markets, emphasizing the increasing tension in the banking system of the United States.
During a joint meeting of the committees of the Jogorku Kenesh, the Chairman of the Cabinet of Ministers Adylbek Kasymaliev announced the key expenditure items of the republican budget for 2025. According to the presented data, 66.5 billion soms are allocated for the capitalization of "Eldik Bank", and 57.1 billion soms for the support of energy companies. In addition, 49.9 billion soms will be directed to the "State Mortgage Company", 7.6 billion soms will go towards
Recently, a forum was held at the Ministry of Finance of the Kyrgyz Republic, where the results of the project "Emergency Support for Micro, Small, and Medium Enterprises" (MSMEs) were discussed. This initiative, which plays an important role in the economic development of the country, was implemented with the support of the World Bank, as reported by the ministry's press service.
The National Bank of Kyrgyzstan presented the following foreign exchange rates as of December 23: The dollar rate remained unchanged, while the euro and ruble strengthened.
On December 22, the National Bank of Kyrgyzstan conducted an intervention in the foreign exchange market, resulting in the sale of $179.5 million. This information was provided by the financial regulator. Of the specified amount, $106.5 million was sold with settlements on the day of the transaction, while the remaining $73 million had different settlement dates.
The information presented below has been collected from the websites of commercial banks. If you have any questions regarding the data provided, we recommend contacting the banks directly. This information is current as of its publication date. Exchange rates are intended for cash currency and may change throughout the day. Official exchange rates of the National Bank of the Kyrgyz Republic, as well as currency rates at exchange offices in Bishkek, are available here.
In Osh, the construction of two elevated bridges with a total road length of 3.2 km is planned. At a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, and construction, held on December 23, the financing agreements proposed by the Eurasian Development Bank were reviewed. Beknazar Bazaraliev reported that the new elevated bridges will be located at the intersection of Masaliev and Lenin streets, as well as across the Ak-Buura River to the old market. This will
During a joint meeting of the committees of the Jogorku Kenesh, the Chairman of the Cabinet of Ministers Adylbek Kasymaliev reported that in 2024, the growth rate of the gross domestic product (GDP) reached 11.5%. This level is expected to be maintained in 2025, and for the first 11 months of the current year, GDP growth reached 10.2%. According to preliminary information, in 2024, the GDP volume amounted to 1.6 trillion soms, while in 2025, it is projected to exceed 1.8 trillion soms.
Yesterday, the National Bank conducted its largest intervention on the domestic currency market this year, selling 179.5 million US dollars. According to information on the regulator's official website, of this amount, 106.5 million dollars were sold with same-day settlement, while the remaining 73 million were sold with a later settlement date.
During the latest meeting of the Presidium of the Chamber of Commerce and Industry, various issues concerning the strengthening of international cooperation and the expansion of the foreign representations of the CCI of the Kyrgyz Republic were discussed.
This information was announced by the Prime Minister Adylbek Kasymaliev in the Jogorku Kenesh.
Compared to the same period in 2024, the collections of excise tax increased by 3 billion 1.7 million soms, which is a growth of 17.3%.
The forecast for 2026 is a surplus of 15 billion soms Today, a general meeting of all committees will take place in the Jogorku Kenesh, where the report on the execution of the republican budget for 2024, as well as the budget project for 2026 and plans for 2027-2028, will be discussed, as reported by deputy Dastan Bekeshev on his Telegram channel.
At a joint meeting of the committees of the Jogorku Kenesh, the Prime Minister Adylbek Kasymaliev outlined the main factors contributing to the economic growth of Kyrgyzstan. Construction, industry, and services have become the leading sectors driving progress in this area. He noted that the volume of investments in fixed capital amounted to 283.2 billion soms, which corresponds to an increase of 18.1% compared to the previous period.
The new decree adopted by the Cabinet of Ministers is aimed at supporting food security and stabilizing prices. The document contains an expanded list of goods exempt from VAT at a zero rate, as well as an extension of the duration of this benefit. In accordance with the decree, two updated lists have been approved: – the first includes food products subject to the zero VAT rate upon import and sale; – the second contains raw materials used for the production of vegetable oils and feed for