NBKR and IMF Discussed External Challenges, Inflation, and Financial Sector Stability
Economy / Exclusive

NBKR and IMF Discussed External Challenges, Inflation, and Financial Sector Stability

The mission of the International Monetary Fund, led by Dmitry Gershenson, has started in the Kyrgyz Republic. This information was provided by the National Bank. During a meeting between the Chairman of the National Bank of the Kyrgyz Republic, Melis Turgunbaev, and representatives of the IMF, important issues were raised regarding the current macroeconomic situation, factors contributing to inflation, as well as external challenges. Aspects of monetary policy and measures aimed at maintaining

18.03.2026, 15:28
The Ministry of Agriculture of the Kyrgyz Republic suggested that farmers not hide potatoes for high prices.
Economy

The Ministry of Agriculture of the Kyrgyz Republic suggested that farmers not hide potatoes for high prices.

No facts of local potatoes being replaced with Chinese ones have been found. The Ministry of Agriculture of Kyrgyzstan has urged farmers not to store potatoes in warehouses in anticipation of price increases. Currently, the average price of potatoes in the domestic market fluctuates between 42-44 soms. The arrival of early harvest from the Aravan district is expected soon. The agency warned that if the products continue to be withheld, they may spoil, leading to significant losses. It was also

18.03.2026, 15:11
Economy / Exclusive

See what 4 million fry look like. They were released into Son-Kul.

On March 17, the State Enterprise "Son-Kul Fishery" organized the release of 4 million 200 thousand juvenile sturgeon, each weighing about 0.30 grams. This initiative is aimed at preserving and increasing fish stocks in water bodies, as well as ensuring biological balance and sustainable development of the fishing industry.

18.03.2026, 15:00
Danil Ibraev: The Essence of Integration in the EAEU is Invisible Borders for Business
Economy

Danil Ibraev: The Essence of Integration in the EAEU is Invisible Borders for Business

At a recent briefing, Danil Ibraev, a member of the Presidium of the Business Council of the EAEU, shared his views on the true meaning of Eurasian integration. According to him, the main goal is for entrepreneurs from the member countries to be able to move goods freely without administrative barriers. For Kyrgyzstan, it is particularly important to develop transport corridors and eliminate export restrictions. Despite discussions about new routes, including pathways to seaports through Iran,

18.03.2026, 14:21
The Economy of Kyrgyzstan is Growing Despite Imbalances
Economy

The Economy of Kyrgyzstan is Growing Despite Imbalances

The preservation of the payment balance is possible due to remittances and a significant increase in gold and foreign exchange reserves. According to the results of last year, the economy of Kyrgyzstan grew by 11.1% in real terms. Despite a trade deficit of $10.1 billion, the payment position remains balanced thanks to remittances and a sharp increase in gold and foreign exchange reserves, as noted by Alisher Karimov, a leading analyst at Kursiv Research. Macroeconomic Indicators The economy

18.03.2026, 14:08
Economy

Price of Potatoes: Farmers Urged Not to Store the Harvest

In Bishkek and Osh, an inspection was conducted regarding the situation with potato sales in the domestic market. Previously, Minister Erlis Akunbekov instructed to organize raids to combat unscrupulous intermediaries engaged in illegal trade, including identifying cases of imported potatoes from China being sold under the label of local produce.

18.03.2026, 14:08
EEC supported Kyrgyz Republic's initiatives on customs benefits and equipment certification
Economy / Exclusive

EEC supported Kyrgyz Republic's initiatives on customs benefits and equipment certification

On March 13, a meeting of the Council took place in Moscow, during which issues related to expanding the list of goods subject to permanent traceability within the Eurasian Economic Union were discussed. This was reported by Elimbek Kanybek uulu, head of the EAEU coordination department, at a press conference at the "Kabar" agency. He noted that the previously compiled list of goods for traceability was created as a result of a series of expert and high-level meetings held from March

18.03.2026, 11:57
Ak-Suu Farmers Received Subsidized Fuel and Tons of Seeds for Sowing
Economy / Exclusive

Ak-Suu Farmers Received Subsidized Fuel and Tons of Seeds for Sowing

In the Issyk-Kul region, in the Ak-Suu district, preparations for the spring agricultural work are actively underway. Although the mass mobilization of farmers to the fields has not yet begun, local authorities are already taking steps to provide farmers with the necessary resources. According to information from the press service of the Ministry of Agriculture of the Kyrgyz Republic, farmers have been allocated 20,000 liters of fuel and lubricants on preferential terms. Additionally, farmers

18.03.2026, 11:42
The foreign trade turnover of Kyrgyzstan in January 2026 amounted to 1.1 billion dollars
Economy / Exclusive

The foreign trade turnover of Kyrgyzstan in January 2026 amounted to 1.1 billion dollars

In January 2026, the volume of foreign economic activity of Kyrgyzstan amounted to 1.1 billion US dollars, which is 2.0% more than in the same month of 2025, according to the report of the National Statistical Committee. At the same time, exports decreased by 20.3%, while imports, on the contrary, increased by 6.1%. In the commodity structure of exports and imports, the share of exports was 12.0%, while imports accounted for 88.0%.

18.03.2026, 11:32
At the end of March, a meeting of the EMPA will take place in Shymkent. What will be discussed?
Economy / Exclusive

At the end of March, a meeting of the EMPA will take place in Shymkent. What will be discussed?

On March 26-27, a meeting of the Eurasian Intergovernmental Council is scheduled to take place in Shymkent. The Prime Ministers of the Eurasian Economic Union countries will discuss about 15 important issues. This information was announced during a press conference at the "Kabar" agency by Kanybek uulu Elimbek, head of the EAEU Coordination Department. One of the central topics of the meeting will be the introduction of changes to the cooperation conditions. Elimbek noted that within

18.03.2026, 11:15
Construction and Renovation of Hydropower Plants in Kyrgyzstan. The Ministry of Energy Discussed Readiness and Timelines
Economy

Construction and Renovation of Hydropower Plants in Kyrgyzstan. The Ministry of Energy Discussed Readiness and Timelines

Photo from the press service of the Ministry of Energy. The state enterprise "Electric Stations" is actively promoting projects for the modernization of existing capacities and the construction of new facilities, planned for completion in 2026, reports the press service of the Ministry of Energy of the Kyrgyz Republic, providing details about the ongoing work. Modernization of the Uch-Kurgan HPPThe work on updating two hydroaggregates of the Uch-Kurgan HPP is ongoing. The general

18.03.2026, 11:10
In the EAEU, more than 360 acts were adopted and a consumer protection program was approved until 2030.
Economy / Exclusive

In the EAEU, more than 360 acts were adopted and a consumer protection program was approved until 2030.

Last year, around 45 meetings of the board were held within the EAEU, during which more than 360 acts were adopted. This information was announced by Elimbek Kanybek uulu, head of the EAEU coordination department, at a press conference at the "Kabar" agency. According to him, there were also 10 meetings of the prime ministers' council, where approximately 200 acts were approved. At the level of the intergovernmental council, 4 meetings took place, resulting in about 50

18.03.2026, 11:06
Price Analysis in Kyrgyzstan: What Has Become More Expensive and What Has Become Cheaper at the Beginning of 2026
Economy / Exclusive

Price Analysis in Kyrgyzstan: What Has Become More Expensive and What Has Become Cheaper at the Beginning of 2026

According to the National Statistical Committee, the consumer price index in February 2026 compared to December 2025 was 101.9%, which corresponds to an increase of 1.9%. The average annual inflation rate for January-February of the current year compared to the same period last year was recorded at 109.6%. The main factor contributing to the price increase was food products, which increased in cost by 2.1%. Their contribution to the overall inflation index was 0.85 percentage points, explained

18.03.2026, 11:04
Official exchange rate as of March 18
Economy / Exclusive

Official exchange rate as of March 18

As of March 18, the National Bank of Kyrgyzstan has presented new exchange rates for foreign currencies against the som. According to the information published by the regulator, the current values are as follows: US Dollar (USD) — 87.45 soms;

18.03.2026, 09:59
In 2026, Kyrgyzstan's GDP amounted to 264.1 billion soms
Economy / Exclusive

In 2026, Kyrgyzstan's GDP amounted to 264.1 billion soms

According to a recent report from the National Statistical Committee, the economy of Kyrgyzstan is demonstrating steady growth at the beginning of 2026. In January and February, the gross domestic product (GDP) amounted to 264.1 billion soms, which corresponds to a real growth of 108.8% compared to the same period last year. All key sectors of the economy showed positive dynamics:

18.03.2026, 09:58
Investment Attractiveness. Services in the Securities Market Will Become Simpler
Economy / Exclusive

Investment Attractiveness. Services in the Securities Market Will Become Simpler

The implementation of reforms in the securities sector involves a number of key changes aimed at facilitating access to investment services. The main steps include: Digital identification and client verification in a remote format Creation of the necessary legal infrastructure Access for professional participants to the state passport register (GPR) Ensuring remote access to the market for foreign investors Transition of key services, such as opening a brokerage account, to an electronic

17.03.2026, 18:24
Economy / Exclusive

The city of Osh may retain 50% of the sales tax, - head of the State Tax Service

Shykmamatov once again emphasized the importance of decentralizing the sales tax (NST) during a meeting with business representatives in Osh on March 17. The first mention of this proposal occurred on August 28, 2025, when Shykmamatov visited the new market in Osh and suggested to Mayor Jenishbek Toktorbaev to initiate the allocation of half of the NST revenues for the city budget.

17.03.2026, 18:12
Kyrgyzstan Plans to Ban Gypsum Board Imports for Six Months
Economy

Kyrgyzstan Plans to Ban Gypsum Board Imports for Six Months

The authorities aim to support local producers. The Ministry of Economy and Commerce has initiated a proposal to ban the import of drywall products, such as boards, sheets, panels, and tiles, that do not have gypsum ornamentation and are reinforced only with cardboard or paper for six months. This project has been posted for public discussion. This measure is aimed at supporting local producers in the Jalal-Abad region. photo www

17.03.2026, 17:27
Passenger traffic in Kyrgyzstan exceeded 116 million people since the beginning of the year
Economy

Passenger traffic in Kyrgyzstan exceeded 116 million people since the beginning of the year

Photo by the Administration of the President of the Kyrgyz Republic. Electric buses in Bishkek According to data from the National Statistical Committee, the number of passengers transported by all modes of transport in Kyrgyzstan since the beginning of the current year has exceeded 116 million. From January to February, passenger traffic increased by 6 million 3 thousand compared to the same period in 2025.

17.03.2026, 17:14
Economy

The average salary in Kyrgyzstan remains the lowest in the EAEU.

According to the analysis of data from the Eurasian Economic Commission, by the end of 2025, the average nominal salary increased in all EAEU countries. In Russia, the level was $1,203, in Belarus - $877, and in Armenia - $783. Information on the average salary in Kazakhstan was not provided.

17.03.2026, 17:04
The average salary in Kyrgyzstan reached 45,800 soms
Economy

The average salary in Kyrgyzstan reached 45,800 soms

According to the press service of the Ministry of Economy and Commerce, the average nominal monthly salary in Kyrgyzstan in January 2026 reached 45,797 soms, which is 16.1% higher compared to the same period last year. This data is based on preliminary calculations by the National Statistical Committee.

17.03.2026, 16:48
RKFR allocated 10 million dollars to support the construction industry of Kyrgyzstan
Economy / Exclusive

RKFR allocated 10 million dollars to support the construction industry of Kyrgyzstan

The Russian-Kyrgyz Development Fund (RKDF) together with the company "Metal Torg Service" signed an agreement for financing in the amount of 10 million US dollars. As explained by the representatives of the fund, these funds will be used to replenish working capital, which will ensure stable supplies of rolled metal for the construction sector of Kyrgyzstan. Over the course of ten years of cooperation, the RKDF has contributed to the transformation of the company from a simple trader

17.03.2026, 16:45
Economy

Central Asia is Growing Twice as Fast as the Developing Economies of the World

According to the latest macroeconomic review by the Eurasian Development Bank (EDB), the economies of Central Asia demonstrated a growth rate of 7 percent in 2022, which is nearly double the average for developing economies, which stands at 4.4 percent. Kyrgyzstan continues to maintain its leadership in the region, with GDP growth of 11.1 percent in 2025 and 8.8 percent in January-February 2026, made possible by strong consumer and investment demand.

17.03.2026, 16:14
Economy

The net profit of the banking sector of Kyrgyzstan for January has been announced

As of January 31, 2026, banks in Kyrgyzstan reported a net profit of 2 billion 241 million soms, which is approximately equivalent to 25.5 million US dollars, according to data from the National Bank. By the end of 2025, the assets of the banking sector increased by 10.7% compared to December 2025, amounting to 1 trillion 340.7 billion soms.

17.03.2026, 16:07
Economy

In Kyrgyzstan, plans are in place to ban the import of drywall for six months. Reasons have been stated.

The proposal for a temporary ban concerns the importation by road of tiles, sheets, and panels made of gypsum, which are covered or reinforced only with paper or cardboard (EAEU HS code 6809 11 000 0). This was reported by the cabinet of ministers in a document that was posted for public discussion here. In the justification for the decision, it is stated that there is a local enterprise for the extraction and processing of gypsum stone operating in the village of Dostuk in the Jalal-Abad

17.03.2026, 15:43
Mass Vaccination of Livestock and Pets Has Started in Kyrgyzstan
Economy

Mass Vaccination of Livestock and Pets Has Started in Kyrgyzstan

In the spring, preventive measures to combat animal diseases were launched in Kyrgyzstan. According to information from the press service of the Ministry of Agriculture of the Kyrgyz Republic, vaccination of heifers aged 3 to 6 months against brucellosis has already begun, and blood samples are being taken from cattle for laboratory analysis.

17.03.2026, 15:34
Economy / Exclusive

Goats with the longest fleece have successfully acclimatized in the south of Issyk-Kul and have started to reproduce.

In the Issyk-Kul region, in the Jeti-Oguz district, the kidding of Don breed goats has started, which were previously delivered from the Batken region. Representatives of the village administration reported in a comment to Turmush that these goats are known for their down and are highly valued among farmers. The demand for their wool and down remains high both in the country and abroad. Experts suggest that with successful adaptation to the climate of Jeti-Oguz, each goat could produce between

17.03.2026, 15:24
Economy

Danil Ibraev: The Integration of Markets in the EAEU Needs to Be Accelerated

At a recent briefing, Danil Ibraev, president of the Kyrgyz Union of Industrialists and Entrepreneurs and member of the Presidium of the Business Council of the EAEU, emphasized the need to accelerate integration within the Eurasian Economic Union. He noted that the creation of a single market for goods, energy resources, and finance, as well as the simplification of cargo movements across borders, are key tasks for the member countries of the union. Ibraev stated that deepened integration will

17.03.2026, 15:17
Economy

Work has begun on Profsoyuznaya Street in Bishkek. Will it affect the cemetery (map)

In Bishkek, work has begun on the preparation of the earth foundation for the road on Profsoyuznaya Street. This was reported by the Ministry of Transport and Communications of the Kyrgyz Republic. Additionally, the construction of two access roads to the new Osh market is planned on one of the sections of the road. Currently, a roadmap is being developed, and the mobilization of special machinery and construction equipment is underway, noted the Ministry of Transport.

17.03.2026, 15:14
The volume of deposits in commercial banks of Kyrgyzstan reached 880 billion soms
Economy / Exclusive

The volume of deposits in commercial banks of Kyrgyzstan reached 880 billion soms

As of now, the volume of deposits in commercial banks of the Kyrgyz Republic amounts to 880 billion soms, which corresponds to approximately 45% of the country's gross domestic product. This data was presented in the latest macroeconomic review by the Eurasian Development Bank. Analysts from the EDB report that 64% of the entire deposit base is formed by attracting funds in soms. In terms of the structure of deposits by term, current accounts dominate, accounting for 44%, while demand

17.03.2026, 15:04
Economy

The EAEU will support Kyrgyzstan's honey production project

The project for the production and standardization of honey, proposed by Kyrgyzstan, has become one of the most important steps for developing a new direction in industrial cooperation within the EAEU. This was announced by Danil Ibraev, president of the Kyrgyz Union of Industrialists and Entrepreneurs, who is also a member of the Presidium of the Business Council of the Eurasian Economic Union, at a recent briefing. According to Ibraev, Kyrgyzstan produces one of the best varieties of honey,

17.03.2026, 15:04
Export of Metal Products from Kyrgyzstan Increased Fivefold
Economy

Export of Metal Products from Kyrgyzstan Increased Fivefold

Supplies cover a wide range of countries, including Russia, Africa, and Europe According to the latest reports from the National Statistical Committee of Kyrgyzstan, the republic has recorded significant growth in the export sector of metal products. In 2025, the volume of supplies, including screws, nuts, bolts, and rivets, reached 378.1 tons, which is almost a fivefold increase compared to 2024, when exports amounted to just over 80 tons. Russia became the main importer, purchasing 368.2

17.03.2026, 15:01
Economy

Grand Plans? How the Economy of Kyrgyzstan is Developing at the Beginning of the Year

Kyrgyzstan is demonstrating positive dynamics in its economy. What factors are influencing growth and what do the authorities expect for the future? Minor Slowdown in GrowthAccording to preliminary data, the country's gross domestic product (GDP) in January and February 2026 amounted to 264.1 billion soms, which is 8.8% higher compared to the same period in 2025.

17.03.2026, 15:00
Economy

Transport Framework and AI Became Priorities of the EAEU in 2026

In 2026, Kazakhstan assumed the presidency of the Eurasian Economic Union, announcing the priorities of its leadership. Danil Ibraev, a member of the Presidium of the Business Council of the EAEU, shared this information at a press conference. He noted that the union faces the task of maintaining the growth rates achieved in previous years.

17.03.2026, 14:38
Economy

Kyrgyzstan's Cryptocurrency Exchanges Required to Increase Charter Capital

According to the presidential decree signed on March 13, 2026, under No. 112, a new minimum charter capital for virtual asset operators has been established in Kyrgyzstan. Starting from July 1, 2026, it must amount to 300 million soms (approximately $3.4 million). Existing players in the virtual asset market have until July 1, 2026, to adjust their charter capitals in accordance with the new requirements.

17.03.2026, 14:32
Economy / Exclusive

There is a rush at the meat markets in the city of Karakol

In the meat markets of the city of Karakol, a significant increase in consumer activity has been recorded. Residents of the city are mass purchasing meat products in preparation for the upcoming holidays — Nowruz and Orozo Ait. As sellers commented to Turmush, the number of customers this week has increased several times compared to weekdays. The main demand is for the preparation of traditional portioned cuts — "ustukans" — for receiving guests.

17.03.2026, 14:31
Economy

The budget for industrial cooperation of the EAEU will increase to 9 billion rubles this year.

At a briefing held recently, Danil Ibraev, president of the Kyrgyz Union of Industrialists and Entrepreneurs and a member of the Presidium of the Business Council of the Eurasian Economic Union, announced that in 2026, the budget for supporting industrial cooperation will triple. Ibraev noted that significant progress was made in 2025 in creating unified products by residents of three or more countries of the union. Thus, funding in this area demonstrates impressive dynamics: in 2024 it

17.03.2026, 14:30
In Osh Region, the production of bricks and gas blocks will be launched
Economy

In Osh Region, the production of bricks and gas blocks will be launched

Ravshanbek Sabirov, head of the National Investment Agency under the President of the Kyrgyz Republic, visited the company OsOO "Eastern Construction Materials" in the Kara-Suu district of the Osh region. This visit was part of the monitoring of current investment projects, as reported by the agency's press service.

17.03.2026, 14:23
Economy / Exclusive

Better 5 elite than 100 ordinary: In Naryn, there are calls to abandon large herds

In the Naryn region, in the At-Bashinsky district, the initiative to improve the genetic level of livestock continues. Currently, about 20 farmers in the region have fully adapted to the method of artificial insemination, focusing their efforts on breeding high-breed cattle. According to specialists, this year local farmers have begun to abandon the increase in the number of their herds, preferring to improve their qualitative characteristics.

17.03.2026, 14:11
Economy

GDP of Central Asian countries exceeded 500 billion dollars

Factors contributing to the region's growth identified In recent years, Central Asian countries have shown a noticeable acceleration in economic growth, and the year 2025 turned out to be one of the most successful for this region. The total gross domestic product of Central Asian countries exceeded 500 billion dollars, while the average GDP per capita was over 12 thousand dollars. This data was provided by analyst Asan Kurmanbekov, as reported by inbusiness.kz, citing halykfinance.kz.

17.03.2026, 14:06
Economy

Forbes reported on the contribution of Kyrgyz philanthropists to the "Mom's House" project

Businessmen in Central Asia are setting themselves the task of creating a region without orphans. Forbes KZ has published information about the opening of the second resource center in Bishkek, which has become a significant step towards cooperation between entrepreneurs from Kazakhstan and Kyrgyzstan. Representatives of government agencies, public organizations, and businesses attended the opening ceremony, as well as the project initiators - Aydin and Anara Rakhimbaev, along with well-known

17.03.2026, 13:43