In an interview with state media, Prime Minister Adylbek Kasymaliev commented on the likelihood of overheating the economy against the backdrop of a noticeable increase in the state budget. He reminded that last year the government set a goal to achieve a consolidated budget of 1 trillion soms by 2027.
This figure does not take inflation into account According to information announced by the First Deputy Head of the National Statistics Committee of the Kyrgyz Republic, Nazira Kerimalieva, the average nominal salary level in the country for the ten months of 2025 amounted to 42,919 soms.
According to Kasymaliyev, Kyrgyzstan has issued international bonds for the first time amounting to $700 million and has approached the International Monetary Fund. “We have already received documents from investors totaling 2.1 billion soms. Yes, this may seem like a high price, and there are critics of this move. However, we are striving for an important goal. Our state companies are ready to enter international markets, but according to international standards, the country itself must do
Commercial banks reported cases of fraud Between July and September 2025, residents of Kyrgyzstan suffered losses amounting to nearly 11 million soms due to unauthorized transactions with their bank cards, as reported by the country's commercial banks.
The year 2025 will be remembered by Kyrgyzstanis for a sharp rise in prices. Although there had been price increases in previous years, this year it became so noticeable that the feeling of empty wallets became an everyday reality. Kaktus.media analyzed how prices in the country have changed since the beginning of 2025.
According to the National Bank, from January to October of this year, the share of gold in international reserves increased by 5.73%. At the end of January, gold amounted to $3 billion 244.54 million, which corresponded to 63.3% of the total reserves. By the beginning of November, this amount had reached $5 billion 441.9 million, accounting for 69.03% of all international reserves.
In an interview given by Adylbek Kasymaliev to state television channels, he shared information about the activities of the cabinet of ministers in the area of interaction with state banks. Kasymaliev emphasized that within the framework of the capitalization of "Eldik Bank," 64 billion soms were allocated, which contributed to its establishment as the largest bank in the country. According to him, the results of this work have already attracted the attention of foreign investors. For
Photo from the internet. The Chinese yuan hits a new annual record high According to the latest data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, there is an increase in the exchange rates of the euro, the Kazakh tenge, and the Chinese yuan, while the Russian ruble continues to decline. The exchange rate of the US dollar remains stable. US Dollar:
The Cabinet of Ministers of Kyrgyzstan has set an ambitious goal — to achieve a consolidated budget of 1 trillion soms by 2027. In a recent interview with television channels, the head of the government, Adylbek Kasymaliev, reported that a proposal to amend the budget for the current year, which will amount to 1 trillion 93.1 billion soms, has been submitted to the Jogorku Kenesh. Photo by the press service of the Cabinet
According to a recent report by the analytical portal Global Petrol Prices, Kyrgyzstan ranks 41st in the world list for average gasoline prices. On neighboring positions are Liberia, which holds the 40th place with a price of about $0.918 per liter, and Pakistan, which is in 42nd place with a fuel cost of $0.94.
On the morning of December 19, the exchange rates for foreign currencies at the Moskovsky Sovet exchange offices are as follows:
In the first ten months of the current year, Kyrgyzstan exported 6.2 tons of gold abroad, amounting to $682.8 million, according to data from the National Statistical Committee. In October, the export totaled 529.4 kg, of which 280.6 kg worth $34.6 million was sent to the United Kingdom, and 248.7 kg worth $32.7 million was sent to Switzerland.
From July to September 2025, more than 640 cases of unauthorized operations with bank cards were recorded in Kyrgyzstan, according to data published in reports by commercial banks. The total amount withdrawn from card accounts was nearly 11 million soms.
The highest increase in real estate prices is observed in Bishkek At a round table dedicated to the development of the construction sector, Kainarbek Kuluyev, head of the International Association of Builders, provided explanations for the rising housing prices in the country.
According to the latest "Regional Economic Review" by the Eurasian Fund for Stabilization and Development, the economy of Kyrgyzstan has successfully adapted to external challenges and is expected to experience stable growth from 2026 to 2028. Fund analysts provided a detailed assessment of key macroeconomic indicators, suggesting that the country's economy will transition from a recovery phase to sustainable growth.
As of October 31, the national debt of Kyrgyzstan amounted to $8 billion 692.52 million, according to information provided by the Ministry of Finance. Compared to December 31, 2024, the external debt increased by $648.04 million, while the internal debt rose by $1 billion 474.9 million (see source).
At the conference in Bishkek, Kainarbek Kuluyev, a representative of the NGO "International Association of Builders," noted that inspections of residential construction in Kyrgyzstan are conducted selectively. Since the beginning of the current year, more than 2,000 administrative protocols for violations in the construction sector have been drawn up in the country.
Nevertheless, Kyrgyz citizens express dissatisfaction due to high prices and tariffs The President of the Chamber of Commerce and Industry, Temir Sariyev, reported that Kyrgyzstan is among the top five countries with the highest economic growth dynamics.
As of December 18, the total volume of the Eurasian Development Bank's project portfolio in Kyrgyzstan amounts to $445 million, as reported by the bank's Deputy Chairman Ruslan Dalenov. He added that currently, projects worth an additional $300 million are under consideration, and $5.1 million has been allocated from the technical assistance fund.
Melis Turgunbaev, head of the National Bank of Kyrgyzstan, gave an extensive interview to the American agency Bloomberg, sharing optimistic forecasts regarding the country's economic growth. According to him, in 2025, Kyrgyzstan's economy could grow by more than 10%, which will be a result of stable GDP growth of at least 9% per year over the past three years. This was reported by Bloomberg. The International Monetary Fund (IMF) predicts that the growth rate of Kyrgyzstan's
Jeenaly Orozbaev, head of the Antimonopoly Regulation Service, stated in a podcast by the agency "Kabar" that if price regulation on sugar and vegetable oil had not been introduced in 2021, the population would have incurred losses of about 1.2 billion soms. Orozbaev noted that thanks to temporary measures that lasted for 90 days, it was possible to stabilize the situation in the market.
As of December 16, 2025, the Tax Service of the Kyrgyz Republic reported that 1 million 521.6 thousand people are connected to the electronic service "Taxpayer's Cabinet," among which 98 thousand 507 are legal entities, and 1 million 423 thousand 152 are individuals. Since the beginning of 2025, the number of users has increased by 180 thousand 405.
Saida Nariman, or Kamila Kasymova, is a tax expert with 20 years of experience who has managed to turn accounting into an interesting and in-demand topic. She has over 50,000 followers on Instagram and numerous views on videos dedicated to accounting and taxes. In an interview with Kaktus.media, Kamila, known as Saida Nariman, shared her working methods, explained how numbers can generate income while complying with all legal requirements, and talked about her life as a blogger and a mother.
At a press conference on December 18, the Chairman of the Board of the Eurasian Development Bank, Nikolai Podguzov, stated: "We are ready to participate in nuclear energy projects in Kyrgyzstan." He also added: "Kyrgyzstan has not yet made a final decision on this issue. We expect that this process will be transformed into concrete plans. After that, we will be able to offer assistance both in design through the technical assistance fund and in co-financing. Since the project is
In the Issyk-Kul region, construction and installation work is actively continuing on the implementation of the "Bishkek Solar" solar station project. Ruslan Dalenov, Deputy Chairman of the Board of the Eurasian Development Bank, shared current news with journalists. According to him, the total cost of the project is 180 million dollars, and the funding is fully provided by the EDB's resources. So far, 117 million dollars have already been allocated, and the expenditure of funds
In Kabul, the capital of Afghanistan, a business forum was held organized by the "Kyrgyz Export" Center, which operates under the Ministry of Economy and Commerce of the Kyrgyz Republic, in collaboration with the Afghanistan Chamber of Commerce and Investment. This was reported by the press service of the Ministry of Economy of the Kyrgyz Republic. During the event, Urmat Takirov, the director of the "Kyrgyz Export" Center, presented the export opportunities of Kyrgyzstan
A briefing was held at the Ministry of Foreign Affairs dedicated to the updated migration rules According to the press service of the Ministry of Foreign Affairs, the director of the Consular Department, Seytek Jumakadyrov, reported that over 1,000 resident cards have been issued for foreigners and stateless persons in the country.
According to information provided by the Migration Agency of Uzbekistan, Qatar plans to attract medical workers from Uzbekistan.
Kyrgyzstan is actively working on creating conditions for the sustainable development of fisheries, aquaculture, and attracting investments in this sector, reports the Ministry of Water Management and Agriculture. According to the information from the ministry, a comprehensive system for the identification and tracking of fish and fish products is being implemented in the country, covering all stages—from eggs to finished products. The main focus is on monitoring the stocking of fish, the
According to information provided by the National Bank of Kyrgyzstan, since the beginning of the current year, the volume of the banks' credit portfolio has increased by 40.2%, reaching 477.7 billion soms. The financial regulator also reported that the assets of the banking sector grew by 38%, reaching 1,125.2 billion soms. The customer deposit base showed a growth of 35%, amounting to 800 billion soms.
This innovation opens new opportunities for domestic transporters According to the Ministry of Transport and Communications, Kyrgyzstan has successfully completed the process of joining the multilateral permit system of the international transport corridor Europe-Caucasus-Asia (TRACECA).
According to official information, the gross domestic product (GDP) of Kyrgyzstan shows steady growth. What factors contribute to this positive trend? Economic GrowthFrom January to November 2025, the country's GDP increased to 1 trillion 628.6 billion soms, which is a growth of 10.2% compared to the same period last year. Compared to October, the growth was 0.2%.
The cooperation between the Ministry of Economy and Commerce of the Kyrgyz Republic and UNDP in the country began with the development of a unique master planning methodology, which will be the first of its kind. This initiative is being implemented with the support of the project "Knowledge Management and Capacity Building within the Partnership between Russia and UNDP" (Phase III).
The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has granted permission for operations related to civilian nuclear energy with several Russian banks, as well as with the Central Bank and the National Clearing Center. Additionally, the U.S. Treasury has extended until June 18, 2026, the authorization for transactions related to the export of oil produced under the Sakhalin-2 project to Japan. In June 2025, the license will be valid until December 19.
At the last auction in the USA, the final minted penny coins were sold for an amount close to $17 million. The auction house Stack’s Bowers Galleries offered 232 sets for sale, each consisting of three coins, and the final price amounted to $16.7 million. These sets symbolize the end of a 232-year era of penny production. Photo ABC News. The last American pennies sold for nearly $17 million
The Marshall Islands have become a pioneer on the planet by launching a nationwide unconditional basic income program. This is reported by The Guardian. As part of new initiatives aimed at reducing the cost of living and decreasing emigration, every resident of the country will receive about $200 quarterly. These funds are available through a bank account, check, or in the form of cryptocurrency using an official digital wallet.
The foreign exchange rates from the National Bank of Kyrgyzstan as of December 18 are presented below: The dollar remains at the level of 87.45 soms, while the euro and ruble have slightly decreased in value.
As part of the forum, which gathered representatives from government structures, international organizations, financial institutions, and the business community, initiatives for the implementation of the national label pilot and mechanisms for climate financing related to the Chatkal district were discussed. This information was published on the official website of the ministry.
Information is provided based on data collected from commercial bank websites. For clarification of details and to obtain additional explanations, it is recommended to contact the banks directly. This information is current as of the time of publication and pertains to exchange rates for cash transactions. Rates may vary throughout the day. Official rates of the National Bank of the Kyrgyz Republic, as well as exchange rates at points in Bishkek, can be found here.
This year, the Kyrgyz Geological Service successfully sold mineral rights for 40 sites, bringing $2 million 353 thousand to the budget. The starting price was $210.6 thousand. For 2025, auctions are planned for 60 sites, of which 40 auctions have already been successfully held. The total amount of transactions exceeded the initial value by more than 11 times, highlighting investors' interest in the country's mining sector.
In the past month, 26 families in Kyrgyzstan have become homeowners thanks to the mortgage product "Kelechek," which is becoming increasingly popular among citizens in need of financial assistance for the down payment. This was reported by the State Joint Stock Company "Guarantee Fund." As of December 17, 2025, since the launch of the "Kelechek" program, 78 guarantees have been issued totaling over 94.2 million soms, enabling the receipt of mortgage loans
As a result of the Kyrgyz-Afghan Business Forum held in Kabul, 11 memorandums of understanding were signed regarding the supply of goods and services totaling $157 million. This was reported by the press service of the Ministry of Economy and Commerce of Kyrgyzstan. According to the information from the ministry, the republic intends to provide Afghanistan with a wide range of goods and services for the specified amount.
The National Bank of Kyrgyzstan reported a significant increase in the total assets of the banking sector, which have grown by 38 percent since the beginning of the year, reaching 1 trillion 125.2 billion soms. Data shows that depositors have become the main source of this influx of funds: the volume of deposits increased by 35 percent, amounting to 800 billion soms.
The Chamber of Commerce and Industry of Kyrgyzstan welcomed 50 new members representing various sectors of the economy. Among the new participants are companies from the textile industry, real estate agencies, representatives of the agricultural sector, construction firms, and individual entrepreneurs. At the ceremony dedicated to this event, the president of the CCI KR, Temir Sariev, presented certificates to the newly minted members. In his address, he emphasized the importance of uniting
Based on data obtained from the National Bank of Kyrgyzstan and exchange points in Bishkek, there is a decrease in the exchange rates of the euro, Russian ruble, and Chinese yuan, while the Kazakh tenge has shown growth. The dollar rate remains stable. US Dollar:
With the development of artificial intelligence, numerous questions arise regarding its regulation. How relevant is this for Kyrgyzstan? What are the opinions of experts and lawmakers? What has already been done in this area? These and other aspects were discussed at the Central Asian Cyber Legal Forum.
Entrepreneurs of the Kyrgyz Republic have proposed the initiative to place the Business and Investment Development Council under the leadership of the president. This proposal aims to enhance high-level strategic dialogue. This idea was voiced at the forum "Investment Vector: State and Business," which took place the day before in Bishkek.
On December 18, the National Bank of Kyrgyzstan presented new information about exchange rates. According to the published data: