Economy / Exclusive

Minvodselprom reported the prices at which meat was sold at the fair in Issyk-Kul

In the Ton district of the Issyk-Kul region, an event organized by the Ministry of Water Resources, Agriculture, and Processing Industry took place, dedicated to the sale of food products. The press service of the ministry shared information about the fair. At this event, consumers could purchase yak meat and lamb at relatively low prices. Yak meat was sold for 600 soms per kilogram, while lamb was priced at 650 soms. It was also reported that turkey meat was offered at prices below market

23.12.2025, 09:50
Exchange rates for December 23
Economy / Exclusive

Exchange rates for December 23

On December 23, 2025, the National Bank published the current exchange rates of major foreign currencies. A comparison with December 20 shows that changes affected the euro, yuan, tenge, and ruble, while the dollar's rate remained unchanged.

23.12.2025, 09:39
The Herat – Mazar-i-Sharif Railway Will Open the Way for Connectivity Between Central Asia and Europe
Economy / Exclusive

The Herat – Mazar-i-Sharif Railway Will Open the Way for Connectivity Between Central Asia and Europe

The countries of Afghanistan, Iran, and Turkey have reached an agreement to jointly construct a new railway line between Herat and Mazar-i-Sharif. Currently, the project is at the stage of a feasibility study, which costs 10 million dollars, and the launch of the first test cargo flights is planned for 2027. Political scientist Bakyt Jumagulov, who is the director of the Eurasian Strategic Research Center, shared his opinion with the Kabar agency about the significance of this project.

23.12.2025, 09:24
Economy

The price of gold has reached a historic high — $4,500 per ounce

On the Comex exchange, which is part of the New York Mercantile Exchange, gold futures for delivery in February 2025 set a new historical record, exceeding the mark of $4,500 per troy ounce. This data was provided by the trading platform. As of 6:13 Bishkek time, the price of the precious metal was $4,500.2 per troy ounce, reflecting an increase of 2.57 percent.

23.12.2025, 09:14
Economy

Kyrgyzstan Becomes a Leader in Importing Used Cars from South Korea

According to data published by South Korea's largest news agency, Yonhap, from January to October, Kyrgyzstan became the main recipient of used cars from this country. In monetary terms, over ten months, South Korea exported used cars worth $8.4 billion, significantly higher than the $4.6 billion recorded for the same period last year.

23.12.2025, 08:36
Economy

The Ministry of Finance has improved the forecast for state budget revenues in 2025

According to changes in the draft law on the republican budget for 2025 and the planned indicators for 2026-2027, the Ministry of Finance forecasts that state budget revenues will increase to 601.9 billion soms, which is significantly higher than previous expectations of 430.2 billion soms. In particular, non-tax revenues are expected to reach 172.3 billion soms, which is 116.2 billion soms more compared to previous estimates.

23.12.2025, 08:07
Economy

The road leading to the Bishkek sanitary landfill will be repaired: who is the contractor

The road leading to the Bishkek sanitary landfill will undergo major repairs. The head of the government, Adylbek Kasymaliev, signed a decree appointing a contractor to carry out these works. According to the order, the customer will be the municipal administration of the Pervomaisky district. The work will cover the section of the road from the checkpoint at the MP "Bishkek sanitary landfill" to the area where the technological complex is located, built as part of an investment

23.12.2025, 07:54
The Ministry of Transport owes private companies 8 billion soms
Economy

The Ministry of Transport owes private companies 8 billion soms

Contractors face difficulties in receiving their funds During a discussion at the meeting of the Jogorku Kenesh Committee on International Affairs, Defense, and Security, Deputy Shaiyrbek Tashiev raised the issue of financial delays faced by private companies involved in road construction. He noted that the Ministry of Finance is delaying the allocation of funds and asked Minister Almaz Baketaev about the timeline for the arrival of the money.

22.12.2025, 20:40
In Osh, elevated bridges and a road will be built with the help of an EBRD loan.
Economy

In Osh, elevated bridges and a road will be built with the help of an EBRD loan.

8% of the total funding will be allocated in the form of a grant. The Committee of the Jogorku Kenesh, which deals with international affairs, defense, security, and migration, has given the green light for obtaining a loan and a grant from the Eurasian Development Bank. These funds are intended for the construction of 3.2 kilometers of road and two elevated bridges in the city of Osh.

22.12.2025, 20:35
Energy Day: Minister Outlines Industry Problems and Priorities
Economy

Energy Day: Minister Outlines Industry Problems and Priorities

Today, Kyrgyzstan celebrates an important event — Energy Workers' Day, which brings together thousands of professionals under one roof, including engineers, dispatchers, and repair crew workers who ensure the uninterrupted functioning of the country's energy system. According to the Ministry of Energy, the energy sector continues to be strategically important for the republic's economy. This year, the focus has been on modernizing hydroelectric power stations, developing network

22.12.2025, 18:47
Meat for 650 soms. How the food fair in Naryn went
Economy / Exclusive

Meat for 650 soms. How the food fair in Naryn went

The food fair in Naryn was held, organized at the initiative of the Ministry of Water Resources, Agriculture, and Processing Industry. The Ministry reported that at the fair, a kilogram of meat was sold for 650 soms, and suzmo for 150 soms, while other goods were offered at affordable prices.

22.12.2025, 17:35
Economy / Exclusive

Millions of Tons of Concrete for the Toktogul Hydroelectric Power Station Transported Across a 60-Meter Bridge — It Has Become a Popular Spot Among Foreigners

In the city of Kara-Kul in the Jalal-Abad region, there is a large bridge. It is located on the right side of the Bishkek–Osh highway. During the construction of the Toktogul Hydroelectric Power Station, 3 million cubic meters of cement were transported across this bridge, which was poured into the foundation of the dam, along with tons of metal structures, and hundreds of vehicles passed over it.

22.12.2025, 17:23
Economy

"Show that a successful return is possible." A manual for migrants has been released.

25-year-old Aman recently got married, but he lacked the funds for the wedding and was forced to take out a loan secured by his house. Currently, his young family is expecting a child, and the debt continues to grow. His salary barely covers the interest on the loan. To address his financial difficulties, Aman has decided to go abroad to earn money to pay off the loans and then determine his next steps. He does not have a clear plan, just hope for the best. The authors of the new guide

22.12.2025, 17:21
Economy

Where Do Mandarins Come From in Kyrgyzstan? Infographic

According to information provided by the National Statistics Committee, during the first ten months of this year, Kyrgyzstan increased its import volume of mandarins by 16.7% compared to the same period last year. During the specified period, 22,048 tons of mandarins were imported into the country, with China and Turkey being the main suppliers.

22.12.2025, 16:30
The State Financial Oversight Agency named high-risk countries and recommended tightening inspections
Economy / Exclusive

The State Financial Oversight Agency named high-risk countries and recommended tightening inspections

The agency responsible for regulating the financial market has presented an updated list of countries that pose high risks in the context of combating the financing of terrorism and the legalization of criminal proceeds (CFT/AML). Organizations operating in the non-banking financial market are recommended to adopt stricter measures for client verification, as well as to apply other sanctions provided by law regarding transactions with these jurisdictions.

22.12.2025, 16:18
Economy

The Tax Service replenished the budget by almost 19.5 billion soms from excise duties

In the course of 11 months of the current year, the budget of Kyrgyzstan received 19 billion 493.06 million soms from excise taxes on goods produced domestically and imported from EAEU countries, according to information provided by the Tax Service. According to the service's data, revenues from excise taxes increased by 3 billion 1.7 million soms, which is a growth of 17.3 percent compared to the same period last year.

22.12.2025, 16:10
Economy

Gas exports to Central Asia may more than double by 2030

In the next five years, Gazprom plans to significantly increase the volume of gas supplies to Central Asia, expecting more than a twofold growth. In light of reduced supplies to Europe, the company is seeking alternative markets to redirect its volumes, as reported by the publication Vedomosti, citing analytical data from Gazprombank. It is expected that the volume of supplies will reach 19-20 billion cubic meters.

22.12.2025, 15:49
Economy

The deputy suggested that officials consider the opinions of scientists before implementing credit projects.

Today, December 22, the Committee on International Affairs of the Jogorku Kenesh approved a draft agreement for a loan and grant amounting to over 8 million euros for the modernization of wastewater treatment facilities in Osh. The First Deputy Minister of Water Resources, Agriculture, and Processing Industry, Zhanibek Kerimaliev, presented the project, noting that as a result of the modernization of the first complex of wastewater treatment facilities, its capacity will increase from 20 to 40

22.12.2025, 15:39
Economy

A laboratory is being built in Balykchy for $350,000

In the territory of Balakchy, the construction of a laboratory intended for plant quarantine is underway, with financial support from the Islamic Development Bank. The total amount allocated for the implementation of the project, including the purchase of laboratory equipment, office technology, and furniture, is $350,000.

22.12.2025, 15:28
Alcohol, tobacco, and fuel provided 19.4 billion soms in excise revenue
Economy / Exclusive

Alcohol, tobacco, and fuel provided 19.4 billion soms in excise revenue

In the first 11 months of 2025, the State Tax Service of Kyrgyzstan recorded excise tax revenue amounting to 19 billion 493.06 million soms from goods produced in the country and imported from EAEU member states. According to the agency's information, this figure shows an increase compared to the same period in 2024 by 3 billion 1.7 million soms, which is a 17.3% increase.

22.12.2025, 15:27
Economy

How will Kyrgyzstan's GDP grow in 2026? National Bank Forecast

According to data from the National Bank, the economy showed positive results in the third quarter of 2025. "Increasing household incomes, active consumer lending, and an influx of remittances contribute to the growth of domestic demand throughout the year," noted the regulator's specialists. The expected real GDP growth is approximately 9.5%, which takes into account the actual increase in citizens' incomes and the rising demand, according to National Bank experts. It is

22.12.2025, 15:09
Chinese geologists have discovered and registered a new type of valuable mineral
Economy

Chinese geologists have discovered and registered a new type of valuable mineral

The new mineral, jinxu, was discovered at the nickel-cobalt deposit of Longhua, located in the Guangxi Zhuang Autonomous Region in southern China. This was reported by China Central Television. Jinxu is a sulfide containing nickel, bismuth, antimony, and arsenic. Specialists from the Chinese Academy of Geological Sciences made this discovery, which received official recognition after a vote by the commission of the International Mineralogical Association, which is responsible for the

22.12.2025, 14:44
Economy

Gold bullion bars of the National Bank continue to rise in price

The prices for the buyback of gold bars from the National Bank, that is, for their resale back, continue to rise, according to information from the NB KR. Currently, the buyback prices are: 1 g - 13,559 soms; 2 g - 25,842 soms; 5 g - 62,857 soms; 10 g - 123,897 soms; 1 ounce (31.1 g) - 381,877 soms; 100 g - 1,223,285 soms. It should be noted that this refers to gold of 999 purity.

22.12.2025, 14:33
Kyrgyzstan and Japan Sign Agreement on Elimination of Double Taxation
Economy

Kyrgyzstan and Japan Sign Agreement on Elimination of Double Taxation

From December 18 to 20, the Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, attended the working visit of the country's president, Sadyr Japarov, to Japan. This event took place as part of the first summit of the "Central Asia + Japan" dialogue and a business forum dedicated to the same issue. During the visit, an important agreement regarding the elimination of double taxation on income and measures to prevent tax evasion was signed between Bakyt Sydykov and the

22.12.2025, 14:15
Economy

The United Kingdom has imposed sanctions against the Kyrgyz company - LLC "Kifiko"

Recently, the United Kingdom announced the imposition of sanctions against the Kyrgyz company LLC "Kifiko." The relevant information was published in official documents available here. According to the UK Foreign Office, financial restrictions have been imposed on LLC "Kifiko," which include a ban on providing trust services, and these came into effect on December 18. This company is also subject to the general sanctions regime concerning measures directed against Russia.

22.12.2025, 13:58
Economy

Zhapаров at the EAEU Summit: Predictable Trade Conditions are Necessary

During his working visit to the Russian Federation, President Sadyr Japarov made a statement at the meeting of the Supreme Eurasian Economic Council in St. Petersburg. Discussing the results of the past year, he noted that the Union successfully navigated this period, emphasizing that 2025 will be filled with significant events for the socio-economic progress of the member countries. Japarov mentioned the economic resilience of the Union, the development of cooperation, and the strengthening of

22.12.2025, 13:49
Economy

While the world watches movies online, Kyrgyzstan goes to the cinemas

Unlike many European and Asian countries where online movie viewing prevails, Kyrgyzstan maintains its unique tradition - cinemas remain popular. As reported by the director of "Kyrgyztasimasy," Almaz Tulekeyev, in an interview with Kaktus.media, about 80% of all movie screenings in the country take place in cinemas, while only 10-20% of content is available on online platforms. He noted: "For our people, going to the cinema is a way to spend time with family and friends, enjoy

22.12.2025, 13:15
Economy

KGST Launches on Binance: Trading with USDT and Bot Launch Start on December 24

The cryptocurrency exchange Binance, one of the largest in the world, has announced the addition of a new trading pair on its spot platform. Starting from December 24, 2025, at 08:00 UTC, users will be able to trade KGST/USDT, as stated in the company's official release. Simultaneously with the start of trading, the trading bot feature will be available for this pair, including Spot Algo Orders, allowing traders to automate their trades and enhance their trading strategies.

22.12.2025, 13:12
Economy

Myrlan Rakhmanov: The level of the shadow economy in Kyrgyzstan has been reduced to 20 percent

The Deputy Chairman of the State Tax Service, Mirlan Rakhmanov, stated in an interview with the program "Ala-Too LIVE" that the strengthening of tax procedures and digitalization have contributed to a reduction in the level of the shadow economy in the country and an increase in planned tax revenues. “We have repeatedly made changes to the Tax Code to improve tax administration. In particular, we have revised the use of electronic waybills (EWT), which are now used only in three

22.12.2025, 13:07
At the fair in Bishkek, you can buy products to fight colds
Economy

At the fair in Bishkek, you can buy products to fight colds

To maintain health and a balanced diet, it is necessary to include foods of all colors in your diet, which is especially important during the autumn-winter period when the body lacks sunlight. For this reason, the Ministry of Agriculture of Kyrgyzstan and the Bishkek city administration organized a traditional weekend market in the square in front of the Ministry of Foreign Affairs, where residents can stock up on healthy products such as dried fruits, nuts, jams, and fresh sea buckthorn

22.12.2025, 12:20
Cosmetics from Kyrgyzstan are becoming increasingly popular abroad
Economy

Cosmetics from Kyrgyzstan are becoming increasingly popular abroad

The main export destinations have become Russia and Uzbekistan Cosmetic products from Kyrgyzstan are gaining popularity on the international stage. From January to October of this year, approximately 2,200 tons of these products were exported, which significantly exceeds nearly 930 tons for the same period in 2024.

22.12.2025, 12:17
Economy

Vladimir Putin at the EAEU Summit: The Champion of GDP Growth Among Us is Kyrgyzstan

During the EAEU summit taking place in St. Petersburg, Russian President Vladimir Putin noted that the economies of the member countries are demonstrating positive results. He emphasized that Kyrgyzstan has become a leader in GDP growth, which reached over 10% in 2025. Putin mentioned that this year, the economies of the EAEU countries are showing a confident positive trend. According to him, the total volume of agricultural production has increased by more than 2%, retail trade by 3%, and

22.12.2025, 11:53
Economy

In Kyrgyzstan, 796 villages have been provided with drinking water in 11 months

The Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan summarized the results of its work over the past 11 months in the field of irrigation and providing the population with clean water. During this period, 5.6 billion cubic meters of water were used in the country. More than 77 thousand farmers and 404 legal entities were provided with irrigation water, and over 2.8 million hectares of agricultural land were irrigated. Here are the main achievements: - 10

22.12.2025, 11:52
Economy

Gold and silver prices hit new highs

The February futures for gold reached a new high, increasing by 1.1% to $4,435.6 per troy ounce. At the same time, the March 2026 silver futures rose by 2.55%, reaching $69,210 per troy ounce. At the opening of trading, silver climbed to $69,525, marking a new all-time high, according to data from the New York Comex exchange. The price of the January platinum futures also showed an increase, rising by 4.16% compared to the previous session, and reached $2,102.6 per troy ounce, which is the

22.12.2025, 11:18
Exchange Rates in Commercial Banks on December 22: The Ruble is Falling Again
Economy

Exchange Rates in Commercial Banks on December 22: The Ruble is Falling Again

The National Bank of Kyrgyzstan has presented the current exchange rates for December 22: The US dollar remains at 87.45 soms, indicating its stability, while other currencies, such as the euro and the ruble, have depreciated against the som. A similar situation is observed in commercial banks: the dollar's value remains unchanged, while the euro and the ruble have lost value over the weekend.

22.12.2025, 11:18