Ruble, Euro, and Tenge Have Decreased Against the Som. Currency Rates as of October 23
Economy

Ruble, Euro, and Tenge Have Decreased Against the Som. Currency Rates as of October 23

Photo from the internet. The Russian ruble continues to decline after a recent rise According to information from the National Bank of Kyrgyzstan and exchange points in Bishkek, there has been a decrease in the official exchange rates of the euro, Russian ruble, and Chinese yuan. The US dollar and Kazakh tenge, on the other hand, have maintained their stability. US Dollar:

23.10.2025, 14:06
Economy

The USA announced sanctions against the companies "Rosneft" and "Lukoil"

U.S. Treasury Secretary Scott Bessent announced the introduction of new sanctions against two leading oil companies in Russia — "Rosneft" and "Lukoil." This statement was made through the ministry's press service. Bessent noted that these companies "support the Kremlin's military efforts," while President Donald Trump is striving to end the conflict.

23.10.2025, 13:44
In Kyrgyzstan, 400 deposits are being developed
Economy

In Kyrgyzstan, 400 deposits are being developed

Over 1,000 deposits registered in the republic Currently, more than 1,000 deposits belonging to 51 categories of mineral resources are registered in Kyrgyzstan, according to information provided by the Ministry of Natural Resources of the Kyrgyz Republic.

23.10.2025, 12:21
Salaries in universities do not please teachers
Economy

Salaries in universities do not please teachers

Will starting salaries for young specialists be increased? According to the Ministry of Economy and Commerce, the average salary in Kyrgyzstan from January to June 2025 was 42,020 soms, which is an increase compared to the previous year.

23.10.2025, 11:58
India and Central Asia: 6 Steps to New Cooperation
Economy

India and Central Asia: 6 Steps to New Cooperation

Central Asia has significant geo-economic potential for India due to its strategic location, which connects Asia and Europe. India is actively developing its relations with the countries of the region and is ready to offer its knowledge and technologies in areas such as petrochemicals, pharmaceuticals, transportation, and logistics, as reported by the press service of the Eurasian Development Bank.

23.10.2025, 11:48
New Scooter Rules Come into Effect in Uzbekistan. What Has Changed?
Economy

New Scooter Rules Come into Effect in Uzbekistan. What Has Changed?

Starting from October 1, new requirements have been introduced in Uzbekistan for moped and scooter drivers: it is now necessary to have a state registration number and a driver's license. The publication "Gazeta" conducted a survey among couriers who faced difficulties due to these changes, as well as investigated the situation in driving schools and delivery services.

23.10.2025, 11:41
Economy

Kamchybek Tashiev transferred special equipment to the Ak-Talinsky district, purchased with funds from the President's Stabilization Fund.

The Deputy Chairman of the Cabinet of Ministers and Head of the State National Security Committee (GKNB) Colonel General Kamchybek Tashiev visited the Naryn region on a working trip, during which special equipment was handed over to the Ak-Talinsky district. This information was provided by the GKNB press service. At the beginning of the event, the Chief of Staff of the President Kanibek Tumanbaev introduced the GKNB Chairman to the new equipment. As part of the project, 110 million soms were

23.10.2025, 11:32
The Ministry of Transport of the Kyrgyz Republic commented on the statements of expert Andrei Belov
Economy

The Ministry of Transport of the Kyrgyz Republic commented on the statements of expert Andrei Belov

In his article, Belov pointed out that significant changes occurred in the freight transportation sector in Central Asia in 2025. He emphasized that the change in transit routes from China through Kazakhstan created an opportunity for Kyrgyzstan to double its freight flow; however, the republic was unable to take advantage of this opportunity due to a lack of systemic solutions, staffing issues, and poor infrastructure.

23.10.2025, 11:25
Economy

In Kyrgyzstan, more than 90 PPP projects worth 434 billion soms are being implemented, - Amangeldiev

At the IV International Conference on Public-Private Partnership in Kyrgyzstan, the First Deputy Chairman of the Cabinet of Ministers Daniyar Amangeldiev reported on the implementation of more than 90 PPP projects, with a total cost exceeding 434 billion soms. According to him, updated legislative acts on "Investments" and "Public-Private Partnership" will come into effect in 2025, creating transparent conditions for cooperation between the state and business, ensuring equal

23.10.2025, 11:18
Economy

Import of electric vehicles to Kyrgyzstan may be exempt from a 15% duty.

- In Kyrgyzstan, it is planned to exempt a limited number of electric vehicles from a 15% duty in 2026. This information was announced by the Department of Customs Tariff and Non-Tariff Regulation of the Eurasian Economic Commission. According to the State Customs Service of the Kyrgyz Republic, by the end of September 2023, the limit for duty-free import of electric vehicles, set for 2025 at 10,000 units, was fully exhausted. As a result, a duty of 15% of the customs value is now charged on

23.10.2025, 10:47
Economy

In the Chui District, sugar beets were harvested from 600 hectares.

In 2025, the area allocated for sugar beet in the Chui region amounted to 1,559 hectares, as reported by representatives of the Ministry of Agriculture. Currently, harvesting work is actively continuing in the region. So far, beets have been harvested from 600 hectares of fields.

23.10.2025, 10:44
Economy

Investments in fixed assets of Kyrgyzstan increased by 18.8% over 9 months, totaling 206 billion soms

- According to the Ministry of Economy, in the first nine months of 2025, the volume of investments in fixed capital reached 206 billion soms, indicating an increase of 18.8% compared to the same period in 2024. The increase in investment volume was primarily made possible by the growth of domestic funding sources, which rose by 27.4%, while external sources showed a decline.

23.10.2025, 10:42
Economy

The Ministry of Construction fined the construction company "Kyrgyz Kuroolush Dolboor" 200,000 soms.

- On October 22, a video was received by the Ministry of Construction, Architecture, and Housing and Communal Services, reporting a violation of safety regulations at a construction site located at the corner of Akhunbaev and Toktonaliev Streets in Bishkek. This was reported by the press service of the Ministry of Construction. The State Architectural and Construction Control Department of Bishkek compiled a protocol against LLC "Kyrgyz Kuroolush Dolboor" for violating the standards

23.10.2025, 10:41
S. Japarov Invites Investors to Kyrgyzstan
Economy

S. Japarov Invites Investors to Kyrgyzstan

S. Japarov invited the Japanese company Japan DX to invest in Kyrgyzstan The President of the Kyrgyz Republic, Sadyr Japarov, today, March 15, met with the Executive Chairman of the Japanese company "Japan DX," Soji Suzuki. As reported by the president's press service, the possibility of investment cooperation in the field of mineral resource extraction and subsoil use was discussed.

15.03.2021, 14:28
Gabions on the Streets of Bishkek
Economy

Gabions on the Streets of Bishkek

“Stone” Turtles Appear in Bishkek Employees of the municipal enterprise "Bishkekzelenhoz" have started installing small architectural forms (MAFs) designed to beautify and complement the overall landscape of the city streets. The items are made in the shape of small turtles from gabions, with around 20 pieces planned. Later, bright floral compositions will be placed around the gabions. Not a single som from the capital's budget was spent on the production and installation of the

30.06.2019, 10:40
Regions of Kyrgyzstan that are more engaged in fish farming
Economy

Regions of Kyrgyzstan that are more engaged in fish farming

In which region of the Kyrgyz Republic is the largest number of economic entities engaged in fish farming located? The largest number of fish farming entities, totaling 83 farms, is located in the Chui region. This is stated in the data from the Ministry of Agriculture. In the Issyk-Kul region, 25 economic entities engaged in fish farming have been recorded. In the Osh region, 9 economic entities are involved in fish farming.

14.01.2019, 21:10
How much gold does Kyrgyzstan have?
Economy

How much gold does Kyrgyzstan have?

How much is the som backed by gold and currency? Almost every country has gold and foreign currency reserves that support the exchange rate of the national currency and help combat currency fluctuations. The som is one of the most stable currencies; it is stronger than the euro, yuan, and ruble. How much is the som backed by gold and foreign currency reserves?

14.01.2019, 20:59
Russian porn star Elena Berkova announced the possibility of obtaining Kyrgyz citizenship.
Economy

Russian porn star Elena Berkova announced the possibility of obtaining Kyrgyz citizenship.

Elena Berkova, from the television show "Dom-2," is ready to accept Kyrgyz citizenship under certain conditions. The former participant of the notorious television show "Dom-2" and Russian porn star, as well as an unsuccessful candidate for the presidency of the Russian Federation, Elena Berkova, announced the possibility of accepting Kyrgyz citizenship. A citizen of Ukraine is willing to do this if the republic pays her!

26.10.2018, 23:23
What "age" of cars do Kyrgyzstanis import?
Economy

What "age" of cars do Kyrgyzstanis import?

Car Market 2018 In Kyrgyzstan, 837 vehicles, including passenger and cargo cars, were imported in the first 6 months of 2018. The majority of imported vehicles were cars, vans, and pickups based on passenger cars, as well as cargo vehicles manufactured not earlier than 2013.

13.10.2018, 22:34
Russians Have Started Buying More Kyrgyz Goods
Economy

Russians Have Started Buying More Kyrgyz Goods

In six months, exports of goods from Kyrgyzstan to Russia increased by 40%, while imports from Russia grew by 10% The economy of Kyrgyzstan is not experiencing significant upheavals during the adaptation to the norms and requirements of the Eurasian Economic Union. This was stated by the temporary chargé d'affaires of Russia in Kyrgyzstan, Vadim Chekmazov, speaking at the Kyrgyz-Russian business forum in Bishkek. “Russia is trying to support its strategic partner and ally, helping to

15.09.2018, 19:32
In Russia, there are over 600,000 labor migrants from Kyrgyzstan.
Economy

In Russia, there are over 600,000 labor migrants from Kyrgyzstan.

Kyrgyz Migrants Transferred $954 Million from Russia in 2018 In the first five months of 2018, the inflow of remittances to Kyrgyzstan from labor migrants amounted to $972.3 million, of which $954 million was sent by migrants from the republic working in Russia, according to a report published on the national bank's website. According to official data, there are currently more than 600 thousand labor migrants from the republic in Russia. After Kyrgyzstan joined the EAEU in August 2015,

28.07.2018, 17:07
Where Will the Money Go?
Economy

Where Will the Money Go?

150 million soms received from the fight against corruption As of today, 148 million soms have been deposited into the unified deposit account for funds from the fight against corruption. It should be noted that at the beginning of the week, the Prosecutor General's Office transferred 39 million soms to the account. The State Committee for National Security (GKNB) initially contributed 95.9 million, and then another 13.3 million. Thus, the GKNB has transferred a total of 109.2 million

15.07.2018, 22:19
How May 9 is Celebrated: Holidays and Non-Working Days in Kyrgyzstan
Economy

How May 9 is Celebrated: Holidays and Non-Working Days in Kyrgyzstan

Transfer of May Holidays According to the decision of the Cabinet, the day off on April 28, 2018, is moved to the working day of April 30, 2018. This makes sense because April 28 is a Saturday, and the 30th is a Monday. Following that is May 1 - a public holiday (International Workers' Day), which falls on a Tuesday. Thus, there will be three consecutive days off - April 29, 30, and May 1.

06.05.2018, 15:11
The number of flights at airports in Kyrgyzstan has increased.
Economy

The number of flights at airports in Kyrgyzstan has increased.

Over the past five years, the number of serviced flights at OJSC "Manas International Airport" has increased by 5,623, or 21 percent. This was announced today at the annual general meeting of the company's shareholders. It was noted that in 2017, Manas Airport serviced 21,956 flights. This is an increase of 3,327 flights, or 11.6 percent, compared to 2016. The majority of these were international flights, totaling 21,006 flights. The volume of domestic flights amounted to 10,950

27.04.2018, 14:53
The 2,000 som banknote recognized as the best in the CIS and half of Europe.
Economy

The 2,000 som banknote recognized as the best in the CIS and half of Europe.

The commemorative banknote with a denomination of 2,000 som has won a prestigious international competition "Best Regional Banknote of the Year" is awarded for outstanding achievements in design, the use of modern security features in the context of artistic design, as well as the technological equipment and security of the banknote. The commemorative banknote with a denomination of 2,000 som has won the prestigious international competition "Best Regional Banknote of 2018"

27.02.2018, 20:28
Traveling around Bishkek will become more comfortable starting from the end of spring.
News / Economy

Traveling around Bishkek will become more comfortable starting from the end of spring.

A memorandum on the organization of financing for the acquisition of buses for the needs of the city of Bishkek was signed in Kyrgyzstan on December 25 The Prime Minister of the republic, Sapar Isakov, stated that the new transport will be launched in the capital by the end of spring 2018. The head of the Cabinet particularly noted that the buses will run on gas, which will significantly reduce harmful emissions into the air. According to Isakov, the implementation of the document will benefit

27.12.2017, 00:27
The flour supplies in Kyrgyzstan will last until spring.
News / Economy

The flour supplies in Kyrgyzstan will last until spring.

In 2017, wheat harvest in Kyrgyzstan reached 665 thousand tons. Thanks to this, the flour reserves in the republic should last until spring 2018. This was stated by the Deputy Minister of Agriculture, Food Industry, and Melioration Erkinbek Choduev during a press conference.

15.11.2017, 19:49
Kazakhstan Resumed Coal Supplies to Kyrgyzstan
Economy

Kazakhstan Resumed Coal Supplies to Kyrgyzstan

In the coming days, the republic will receive about 424 thousand tons of Kazakh coal About 15 days ago, Kazakhstan suspended coal exports to Kyrgyzstan. However, on the eve of November 1, supplies were restored, and the first 6 wagons of fuel arrived in the republic. This was announced by Deputy Prime Minister Duyshenbek Zilaliev during a parliamentary session.

02.11.2017, 20:42
Kyrgyzstan Wants to Adopt the Experience of Arab States in the Financial and Economic Sphere
News / Economy

Kyrgyzstan Wants to Adopt the Experience of Arab States in the Financial and Economic Sphere

The Kyrgyz diplomat also reminded that Central Asian countries are rich in resources and are waiting for Arab investors. Kyrgyzstan hopes to utilize the experience of Arab states, primarily in the financial-banking sector, as well as in tourism and services. This statement was made by the Kyrgyz ambassador to Tajikistan, Miroslav Niyazov, who led the delegation representing Bishkek at the Arab Economic Forum for Cooperation with Central Asian Countries and Azerbaijan, which took place on

29.10.2017, 23:38
"Planes Are Not More Expensive Than Jeeps"
Economy

"Planes Are Not More Expensive Than Jeeps"

The International Center for Informatics and Electronics "InterEVM" proposes to establish a light aircraft assembly plant in Kyrgyzstan. This was reported by Vyacheslav Vasyagin, Deputy General Director for International and Foreign Economic Relations of the organization, during a round table discussion titled "Russia-Kyrgyzstan: the state and prospects for the development of economic cooperation." It is noted that the aircraft assembled at the plant will not only have

18.03.2016, 10:06
In Kyrgyzstan, the campaign "Global Money Week" has started.
Economy

In Kyrgyzstan, the campaign "Global Money Week" has started.

In Kyrgyzstan, the campaign "Global Money Week" began on March 14, during which educational activities and competitions will be held for children and youth throughout the republic, including remote regions and villages. Excursions to financial institutions and banks will also be organized. The National Bank of the Kyrgyz Republic acts as the campaign coordinator. "Global Money Week" is an annual international campaign conducted by the "Child and Youth Finance"

18.03.2016, 09:40
Vladimir Putin: "Kyrgyzstan is our reliable partner"
Economy

Vladimir Putin: "Kyrgyzstan is our reliable partner"

During the Moscow meeting between the President of Kyrgyzstan Almazbek Atambayev and the head of Russia Vladimir Putin, the issue of expanding trade turnover between the countries was discussed. Vladimir Putin, while discussing the most pressing issues of Russian-Kyrgyz cooperation, emphasized that Kyrgyzstan is a reliable strategic partner of Russia.

09.03.2016, 13:42
More than $5.5 billion: Russia provided assistance to Central Asian countries
Economy

More than $5.5 billion: Russia provided assistance to Central Asian countries

After the denunciation of agreements on the construction of hydropower plants in Kyrgyzstan by Russia, there has been more discussion in society about the deterioration of relations between the countries. Will this decision cause political tension in the country? According to Sergey MASAULOV, director of the Center for Prospective Studies (CPI-Bishkek), the situation is actually different. - The hydropower plant construction project is an economic business project, and there will be no

25.02.2016, 16:15
Kyrgyzstan to Start Supplying Meat and Dairy Products to the Russian Market
Economy

Kyrgyzstan to Start Supplying Meat and Dairy Products to the Russian Market

The Rosselkhoznadzor has published a list of Kyrgyz enterprises authorized to supply products to the Russian Federation. This was reported by the Deputy Prime Minister of the Kyrgyz Republic, Oleg Pankratov. The list includes 15 Kyrgyz enterprises engaged in the production of dairy and meat products, as well as fish processing.

18.02.2016, 10:09
Why did the factory in Kara-Balta stop operating?
Economy

Why did the factory in Kara-Balta stop operating?

The scandal with Canadian investors has not yet subsided when a new one began – with the Chinese. January became a black month for the managers and workers of the oil refinery "Junda". At the beginning of the month, representatives of the financial police conducted an armed search at the Kara-Balta enterprise, after which representatives of the investigative group of the GSBEP and PCR arrested two employees of the company - Deputy General Director Yui Shanlin and Chief Accountant

08.02.2016, 11:24
Nikita Mendkovich: "The Problem of Kyrgyzstan Lies in the Area of Large Investment Projects"
Economy

Nikita Mendkovich: "The Problem of Kyrgyzstan Lies in the Area of Large Investment Projects"

Not long ago, Kyrgyzstan denounced the agreement with Russia on the construction and operation of the Kambarata HPP-1. After the scandal with Canadian investors, the gold mining company "Centerra Gold," the work of the Chinese oil refinery "Junda" was suspended in the Kyrgyz city of Kara-Balta. Regarding why this is happening, as well as why the investment attractiveness of Kyrgyzstan is declining, the news agency spoke with economist and EAEU expert Nikita Mendkovich. –

05.02.2016, 14:33
Russian logistics centers for the primary processing of agricultural products will appear in Kyrgyzstan.
Economy

Russian logistics centers for the primary processing of agricultural products will appear in Kyrgyzstan.

In 2016, Kyrgyzstan will gain more opportunities to export its products to the Russian Federation by reorganizing old and creating new trade and economic ties. The Extraordinary and Plenipotentiary Ambassador of the Russian Federation to the Kyrgyz Republic, Andrey Krutko, spoke about what will be done in this direction at his press conference. - Cooperation between the Kyrgyz Republic and the Russian Federation in 2016 will develop in several directions at all levels. We are participants in

14.01.2016, 10:48