News of Kyrgyzstan, Bishkek and Osh — latest events today
Ministry of Agriculture: GDP and Salaries Have Increased – Therefore Prices Are Rising
Economy

Ministry of Agriculture: GDP and Salaries Have Increased – Therefore Prices Are Rising

“Prices are still lower than in Russia and Kazakhstan” According to Ulan Chekirbaev, head of the food security department of the Ministry of Water Resources, Agriculture, and Processing Industry, the rise in food prices in Kyrgyzstan is due to both internal and external factors. In an interview with “Birinchi Radio,” he noted that the increase in gross domestic product and rising wages in the country also play a role.

10.12.2025, 12:08
Exchange rates in commercial banks of Kyrgyzstan on December 10
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 10

Information about currency exchange rates has been gathered from the official websites of commercial banks. If you have any questions regarding the data, it is recommended to contact the banks directly. The information is current as of the time of publication. The stated rates apply to cash currency exchange and may change throughout the day.

10.12.2025, 11:38
Economy

The GNS asks taxpayers to verify their data

The State Tax Service (STS) is appealing to citizens to check the data on their real estate in connection with the implementation of the automatic property tax assessment system. The innovations introduced in the Tax Code imply that property tax will be calculated and paid by tax authorities at the location of real estate objects or land plots.

10.12.2025, 11:24
Economy

Russia may tighten import rules from Kyrgyzstan after December 25

According to expert Sergey Stankevich, after December 25, Russia may reinstate mandatory labeling for goods imported from Kyrgyzstan and Kazakhstan, which will be the result of the temporary regime coming to an end. Stankevich suggests that the process of returning to the requirements will take place in a soft manner, as "it is better to act gradually, like a therapist, than to cut it off at the root."

10.12.2025, 11:20
Economy

The National Bank fined a commercial bank more than 21 million soms

On December 5, the National Bank of the Kyrgyz Republic decided to impose a fine of 21 million 600 thousand soms on one of the commercial banks. The reason was violations in the area of legislation related to combating the financing of illegal activities and the legalization of criminal proceeds, as well as shortcomings in the organization of the internal control system. It is worth noting that two other commercial banks had previously been held administratively liable for similar violations.

10.12.2025, 11:17
The trade turnover of Kyrgyzstan with the EU exceeded $837 million
Economy / Exclusive

The trade turnover of Kyrgyzstan with the EU exceeded $837 million

On December 9, the Minister of Economy and Commerce, Bakyt Sydykov, held a meeting with Remy Duflo, the new head of the European Union Delegation to Kyrgyzstan. During this meeting, the minister congratulated Duflo on his appointment and expressed hope that his extensive experience would benefit the deepening and expansion of cooperation between Kyrgyzstan and the EU.

10.12.2025, 11:08
Economy

Digitalization in Kyrgyzstan. The Minister of Digital Development identified one pressing issue

At the Central Asian Cyber Legal Forum, which took place on December 10, the head of the Ministry of Digital Development, Azamat Zhamangulov, noted that with the active implementation of digital technologies in the country, including artificial intelligence, there is a need for quality regulation of the legal aspects of these innovations. According to him, Kyrgyzstan has already adopted a Digital Code, which is intended to help address many issues related to digital technologies.

10.12.2025, 10:38
Economy

Study: Business Activity Index in Kyrgyzstan Higher than Neighbors, the USA, and Europe

A recent study of the Business Activity Index (PMI), organized by the "Guarantee Fund" JSC in collaboration with the Ministry of Finance of Kyrgyzstan, has concluded. Details were published in a press release received by the editorial office. According to representatives of the Guarantee Fund, the PMI index is an important indicator for analyzing the current state of the economy, which draws interest from entrepreneurs, analysts, and government institutions.

10.12.2025, 10:20
Exchange rates for December 10
Economy / Exclusive

Exchange rates for December 10

The official exchange rates for December 10, 2025, were published by the National Bank. 1 USD — 87.45 som (remained at the same level) 1 EUR — a slight decrease from 101.9754 to 101.8049 som; 1 RUB — a decrease from 1.1422 to 1.1411 som; 1 KZT — a decrease from 0.1723 to 0.1700 som; 1 CNY — an increase from 12.3679 to 12.3744 som. In commercial banks, the average buying rate for the dollar is 87.36 som, while the selling rate is 87.80 som.

10.12.2025, 09:50
The National Bank fined a commercial bank a large sum
Economy / Exclusive

The National Bank fined a commercial bank a large sum

The National Bank of the Kyrgyz Republic has announced its decision to impose a substantial fine on one of the commercial banks. According to information from the regulator, on December 5, 2025, the bank was fined 21,600,000 soms. This decision was a result of violations of the country's legislation related to combating the financing of criminal activities and the legalization (laundering) of income, as well as compliance with internal control organization requirements.

10.12.2025, 09:34
The EU commented on sanctions against two Kyrgyz banks
Economy

The EU commented on sanctions against two Kyrgyz banks

In October of this year, the European Union approved a new, 19th package of sanctions concerning Russia, which also affected banks from Kyrgyzstan, namely "Tolubai" and "Eurasian Savings Bank." Additionally, two companies were added to the sanctions list: LLC "Old Vector" and LLC "Greenex." EU Commissioner for International Partnerships Jozef Síkela discussed the possible exclusion of these institutions from the list in an interview with journalists.

10.12.2025, 09:19
Economy

In Kyrgyzstan, two banks punished for violating the law on combating money laundering

Two commercial banks in Kyrgyzstan have been held administratively liable for failing to comply with legislation related to the fight against the financing of criminal activities and the legalization (laundering) of income, as reported by the State Financial Intelligence Service. The total amount of fines imposed on these financial institutions is 293,000 soms.

10.12.2025, 09:19
Economy

Increase the Minimum Capital of Commercial Banks Proposed in Kyrgyzstan

In the Kyrgyz Republic, an initiative to increase the minimum capital for commercial banks, proposed by the board of the National Bank of the country, is being discussed. The presented draft resolution concerning the minimum amount of charter and own (regulatory) capital has been put forward for public discussion. The main goal of the document is to strengthen the financial stability of the banking system and increase trust from investors and clients, as well as to improve the competitiveness

10.12.2025, 09:17
Ruble and Tenge Continue to Depreciate After Growth. Exchange Rates as of December 10
Economy

Ruble and Tenge Continue to Depreciate After Growth. Exchange Rates as of December 10

Photo from the internet. The Kazakh tenge has collapsed, showing the maximum daily decline in December As of December 10, the official exchange rate of the euro, Russian ruble, and Kazakh tenge shows a decrease, while the Chinese yuan, on the contrary, has appreciated. The US dollar remains stable. This data was provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:

10.12.2025, 08:57
Kyrgyzstan presented the third generation of the "Single Window" system at the WTO platform
Economy / Exclusive

Kyrgyzstan presented the third generation of the "Single Window" system at the WTO platform

At the World Trade Organization, a presentation of a new training course on 'Single Window' systems was held, created in collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the World Bank. This event was attended by Nurbek Maksutov, Deputy Chairman of the UN Center for Trade Facilitation and Electronic Business (UNCEFACT) and a representative of the Ministry of Economy and Commerce of the Kyrgyz Republic, who delivered a speech.

10.12.2025, 08:38
Economy

Russia extended the validity of the simplified import regime for goods from Kyrgyzstan

According to information received from the Kremlin, President of Russia Vladimir Putin has signed a decree extending the simplified procedure for the import of goods by road transport from Kyrgyzstan and Kazakhstan. The preferential procedure will be in effect until December 25 inclusive. In the published document, available on the legal acts website, changes compared to the decree of October 24, 2025, No. 778 are specified, where the date of December 10 was previously indicated.

10.12.2025, 08:15
Economy

The NB KR fined a commercial bank tens of millions of soms

On December 5, the National Bank of Kyrgyzstan announced punitive measures against one of the commercial banks, resulting in a fine of 21.6 million soms. This fact was confirmed by the financial regulator. The basis for the fine was cited as violations in the area of legislation related to combating the financing of criminal activities and money laundering, as well as non-compliance with internal control standards, the NB KR reported.

10.12.2025, 08:03
Modernization of Electrical Networks in Bishkek: 10 Kilometers of New Cables Laid
Economy

Modernization of Electrical Networks in Bishkek: 10 Kilometers of New Cables Laid

Photo of the Bishkek Electric Networks Enterprise Work is actively underway in Bishkek to reconstruct and build new cable networks, marking a significant step in updating the city's energy infrastructure, according to information from the city’s electric network enterprise. Currently, over 10 kilometers of modern cable lines have been laid, including key sections in the "Dordoi" market area, where there is a high load on the electrical networks.

09.12.2025, 20:09
Tashkent and Baku Launch Joint Development of Oil and Gas Field
Economy

Tashkent and Baku Launch Joint Development of Oil and Gas Field

In the Ustyurt region of Karakalpakstan, work is starting on the exploration and extraction of mineral resources. The agreement for the joint implementation of this project was signed by "Uzbekneftegaz" and the Azerbaijani state oil company SOCAR. This was reported by the press service of the Ministry of Energy of Azerbaijan here.

09.12.2025, 18:38
Interest rate of 0.25% and a 2% discount on gold. The State Tax Service presented measures to support the jewelry industry.
Economy / Exclusive

Interest rate of 0.25% and a 2% discount on gold. The State Tax Service presented measures to support the jewelry industry.

The State Tax Service (STS) is developing initiatives aimed at the legalization and development of the jewelry industry. The Deputy Chairman of the Tax Service, Kubanychbek Ysabekov, spoke about these measures in an interview on Ala-Too LIVE. During the conversation, Ysabekov noted that a comprehensive package of measures is planned to facilitate access to raw materials and increase transparency in the jewelry sector.

09.12.2025, 17:30
Economy

New Capital Requirements Introduced for Securities Market Participants

The Cabinet of Ministers of the Kyrgyz Republic has approved a new regulation concerning the normative indicators necessary to ensure the adequacy of own funds for professional participants in the securities market. This document aims to strengthen the financial stability of organizations and enhance the competitiveness of the sector as a whole. In accordance with the new resolution, updated requirements for the minimum charter capital for companies operating in the securities market have been

09.12.2025, 17:15
The ruble stopped rising and depreciated, the euro became more expensive. Exchange rates as of December 9.
Economy

The ruble stopped rising and depreciated, the euro became more expensive. Exchange rates as of December 9.

Photo from the internet. The Russian ruble, having updated its annual maximum three times, has started to depreciate As of December 9 of the current year, there is a decrease in the official exchange rates of the Russian ruble, Kazakhstani tenge, and Chinese yuan, while the euro has appreciated. The US dollar remains at the same level, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

09.12.2025, 16:01
Economy

In southern Kyrgyzstan, papayas and mandarins are successfully grown, and lemons are processed.

Active development of the processing industry is observed in the Aravan district of the Osh region. Among other initiatives, there is a unique lemon-flavored factory operating here, which processes not only lemon juice but also the peel, producing jam on modern equipment. New technologies are already beginning to be implemented among local farmers, contributing to the creation of additional processing capacities, as reported by the press service of the Ministry of Agriculture. A consulting

09.12.2025, 15:28
Without a veterinary certificate, entry to the livestock market will be denied - State Veterinary Inspection
Economy

Without a veterinary certificate, entry to the livestock market will be denied - State Veterinary Inspection

The State Service for Veterinary and Phytosanitary Surveillance under the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic is conducting active raids and informational work at livestock markets and large agricultural enterprises. Specialists emphasize that bringing animals to the market without a veterinary certificate is unacceptable, as it significantly increases the risk of spreading infections.

09.12.2025, 15:01
The price of gold has fallen below $4,200 for the first time since early December.
Economy / Exclusive

The price of gold has fallen below $4,200 for the first time since early December.

During trading on the Comex exchange, which is part of the New York Mercantile Exchange, the price of February gold futures fell below the $4,200 mark per troy ounce for the first time since December 2, 2025. As of 09:10 Moscow time, the price of gold decreased by 0.44%, amounting to $4,199 per ounce. However, by 09:15 Moscow time, the decline slowed down, and the price increased to $4,202.2 per troy ounce (-0.37%).

09.12.2025, 12:27
Products of Batken gardeners enter new markets thanks to a new enterprise
Economy / Exclusive

Products of Batken gardeners enter new markets thanks to a new enterprise

In the Batken region, in the village of Samarkandek, a new enterprise has opened that processes fruits. According to information from the local administration, the production capacity of the enterprise allows for the processing of up to 2 tons of fruits daily. This initiative belongs to a local entrepreneur and includes several stages of processing: the fruits are first washed using special equipment, then dried, and packaged.

09.12.2025, 12:12
Economy

In Kyrgyzstan, full digitalization of the agricultural sector is being implemented

An important national project called "30+20+10" has been launched in the country, aimed at the complete digitalization of the agricultural sector. The Ministry of Water Resources, Agriculture, and Processing Industry has proposed to expand the previous concept of "3+2" by adding a new aspect related to the processing of agricultural products. The project includes the creation of a unified registry of farmers, where passport data, information about land plots, as well as data

09.12.2025, 11:27
Appointed Head of the Department of Chemicalization, Plant Protection, and Quarantine at the Ministry of Agriculture and Water Resources
Economy

Appointed Head of the Department of Chemicalization, Plant Protection, and Quarantine at the Ministry of Agriculture and Water Resources

Maksat Kocherov. Photo by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The press service of the Ministry of Water Resources, Agriculture, and Processing Industry reported the appointment of Maksat Kocherov as the director of the Department of Chemicalization, Plant Protection, and Quarantine. This decision was made by the order of the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev. It is noted that the appointment occurred upon the

09.12.2025, 11:27
Bakyt Torobaev familiarized himself with the activities of the automobile plant "Tulpar Motors"
Economy

Bakyt Torobaev familiarized himself with the activities of the automobile plant "Tulpar Motors"

Recently, Bakyt Torobaev, who holds the position of Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry, visited the "Tulpar Motors" plant located in the Moscow district of the Chui region. During the visit, he familiarized himself with the processes taking place in production. The plant was officially opened on July 18, 2024, as part of an online event featuring the President of the Kyrgyz Republic

09.12.2025, 11:10
Economy

The Eurasian Development Bank Forecasts Record Economic Growth for Kyrgyzstan

According to forecasts from the Eurasian Development Bank, Kyrgyzstan's economy is expected to show record growth by the end of 2025. According to the bank's data, investments in fixed capital increased by 18.9% during the first ten months of the year. The key sectors contributing to this growth are water supply and sanitation, where investments rose by 110% compared to the previous year, as well as mining and manufacturing, each showing a growth of 60%.

09.12.2025, 10:49
Kazakhstanis Will Lose Access to Their Accounts Due to Pension Debts to the ENPF
Economy

Kazakhstanis Will Lose Access to Their Accounts Due to Pension Debts to the ENPF

With the introduction of the updated pension contribution control system in Kazakhstan, starting from January 1, 2026, citizens and entrepreneurs will face the possibility of their banking operations being suspended. This will occur if their debt exceeds 6 MRP, which corresponds to 25,900 tenge. Despite the strict wording, the authorities claim that such changes actually soften existing measures and reduce the burden on businesses, as reported by Lada.kz citing "Kursiv".

09.12.2025, 10:45
Exchange rates in commercial banks of Kyrgyzstan on December 9
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 9

Information about currency exchange rates has been collected from various commercial bank websites. If you have questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates are intended for cash currency exchange and may change throughout the day.

09.12.2025, 10:37
In Kyrgyzstan, unified working conditions will be established for all sewing enterprises
Economy / Exclusive

In Kyrgyzstan, unified working conditions will be established for all sewing enterprises

In Kyrgyzstan, a new draft law is currently being developed that will create unified conditions for all sewing enterprises. This was reported by Kubanychbek Isabekov, Deputy Chairman of the State Tax Service, in an interview with Ala-Too LIVE. According to Isabekov, the implementation of new rules will equalize working conditions for all categories of seamstresses. It is expected that the insurance contributions will amount to 12% of the average monthly salary, which is approximately 40%,

09.12.2025, 10:26