Economy

The Ruble Has Significantly Appreciated Again, Other Currencies Have Depreciated. Exchange Rate as of December 8

Photo from the internet. The Russian ruble has updated its annual maximum for the third consecutive time According to information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rate of the ruble has increased, while the rates for the euro, Kazakh tenge, and Chinese yuan have decreased. The dollar rate remained unchanged. US Dollar:

08.12.2025, 09:07

Economy

At the border of Kazakhstan and Uzbekistan, 11,000 railcars have accumulated

In southern Kazakhstan, near the border with Uzbekistan, about 11 thousand wagons have accumulated, most of which are carrying grain. Some of them have already been stationary for six days. The reasons for this congestion were explained by representatives of the national company "Қазақстан темір жолы" to the 24KZ film crew.

08.12.2025, 08:56

Economy

Global Food Price Index Declines for the Third Consecutive Month - FAO

In November 2025, global prices for key food products continued to decline, with the exception of the situation regarding grain crops. This data was published by the Food and Agriculture Organization of the United Nations (FAO) in an official report. According to the FAO, the food price index in November stood at 125.1 points, which is 1.2 percent lower than the figure recorded in October. Thus, the decline has been ongoing for three months.

08.12.2025, 08:52

Economy

The increase in consumer prices and tariffs has been recorded in all regions of Kyrgyzstan

Since the beginning of this year, an increase in consumer prices and tariffs has been recorded in all corners of Kyrgyzstan, as evidenced by statistical data. The largest price increase occurred in Osh, where prices rose by 7.5 percent, attributed to the rise in the cost of alcoholic beverages and tobacco products by 10.9 percent.

08.12.2025, 08:11

Economy / Exclusive

How much do chöböge, kaymak, and süzmö cost in the city of Kara-Kul?

On December 6, a fair was held in Kara-Kul at the large Saturday market, organized to provide local residents with affordable food and ensure food security. City officials, as well as representatives from local institutions and enterprises, participated in the event.

07.12.2025, 23:13

Economy

Homemade Alcohol in Kyrgyzstan Banned

The tax service is tightening control over sellers of alcoholic beverages

07.12.2025, 14:33

Economy

Kyrgyzstan Company to Receive Subsidies from the EAEU Budget for Project Implementation

The Council of the Eurasian Economic Commission has decided to allocate subsidies from the budget of the Eurasian Economic Union to support two new projects under the industrial cooperation financing mechanism. This was reported by the press service of the EEC. According to the commission's information, one of the projects is being implemented jointly by the Russian company "Beshtau Electronics," the Belarusian LLC "Nero Electronics," and the Kyrgyz LLC

07.12.2025, 13:36

Economy

Uzbekistan to Install Solar Stations in Mahallas Following China's Example

During the opening ceremony of new energy facilities in Tashkent on December 5, President Shavkat Mirziyoyev emphasized the importance of regional cooperation in the energy sector and the need to form a unified energy market. He recalled initiatives such as the construction of the Kambarata HPP-1 and the creation of a "green corridor." An important step will be the installation of solar stations in 300 mahallas, based on China's experience, with the involvement of local

07.12.2025, 10:03

Economy

"America Borrows and Becomes Wealthy. China Produces and Loses Profit"

On his YouTube channel, Klinkov claims that the U.S. national debt has exceeded 36 trillion dollars. However, in his opinion, this does not pose a real threat to the country. He explains that the United States primarily borrows money from its citizens, banks, and companies, which indicates a high level of trust in the government and the dollar. People continue to invest in bonds, and the government channels these borrowed funds into the economy, providing income to the population.

07.12.2025, 09:58

Economy

A social fair for the sale of meat is taking place in the Kochkor district.

In the Kochkor district, a social fair has started, where residents can purchase meat products at reduced prices. This event is aimed at supporting local producers, stabilizing the market, and ensuring food accessibility for socially vulnerable groups. The fair is organized by the Kochkor District State Administration, the district agricultural development management, village administrations, and the company OsOO "Adal-Azyk" ("Toyboss").

07.12.2025, 09:10

Economy

Global Finance included the head of the National Bank of the Kyrgyz Republic in the Central Banker Report Cards ranking.

Every year, Global Finance magazine publishes a ranking called Central Banker Report Cards. This year, the list includes the Chairman of the Board of the National Bank of Kyrgyzstan, Melis Turgunbaev. Photo from the archive. Melis Turgunbaev, head of the National Bank of Kyrgyzstan, has been included in the Central Banker Report Cards ranking by Global Finance

07.12.2025, 08:35

Economy

In Kyrgyzstan, high GDP growth rates are maintained this year - EEC

At a meeting held by the Eurasian Economic Commission, the Minister for Integration and Macroeconomics of the EEC, Daniyar Imanaliev, reported on the high growth rates of Kyrgyzstan's gross domestic product (GDP) in 2025. During the discussion of the preliminary results of economic development in the member countries of the union, it was noted that GDP growth rates remain high in three EAEU states: Armenia (6%), Kazakhstan (6.3%), and Kyrgyzstan (10%). Meanwhile, Belarus and Russia are

06.12.2025, 21:34

Economy

Bishkek's Grocery Basket on December 6. How Prices Changed Over the Week

Over the past week, there has been an increase in prices for goods such as rice, potatoes, cucumbers, peppers, pears, sugar, milk, eggs, and vegetable oil in Bishkek. At the same time, tomatoes, carrots, cabbage, and apples have become cheaper. As a result, the cost of the minimum grocery set increased by 454 soms, amounting to 6,927 soms.

06.12.2025, 14:42

Economy

Korean Businessmen Informed About Investment Opportunities in Kyrgyzstan

At the recent business forum "Platform for Economic Cooperation between Korea and Central Asia 2025" held in Bishkek, opportunities for investment in Kyrgyzstan were presented to Korean entrepreneurs. Damirbek Bikulov, Deputy Director of the National Investment Agency under the President of the Kyrgyz Republic, reported in his speech that in 2024, trade turnover between Kyrgyzstan and South Korea will exceed 435 million US dollars.

06.12.2025, 14:05

Economy / Exclusive

In the Manas District, it was decided to hold a food fair every Friday.

The first food fair was held in the Manas district of the Talas region. Every Friday, this event is organized at the livestock market "Mamil Ake" to prevent unjustified price increases on products, as well as to ensure food security and price stability.

06.12.2025, 12:45

Economy

In Kyrgyzstan, high GDP growth rates are maintained this year - EEC

At the meeting of the Eurasian Economic Commission, the Minister for Integration and Macroeconomics, Daniyar Imanaliev, reported that Kyrgyzstan plans to maintain high growth rates of gross domestic product (GDP) in 2025. During the discussion of the preliminary results of economic development in the Union countries for 2025, it was noted that three EAEU states are demonstrating impressive growth: Armenia (6 percent), Kazakhstan (6.3 percent), and Kyrgyzstan, which leads with a growth rate of

06.12.2025, 12:37

Economy / Exclusive

The National Bank sold $83 million on the foreign exchange market

On December 5, the National Bank of Kyrgyzstan carried out a large-scale currency intervention, selling 83 million US dollars on the domestic market. The regulator's press service provided details of the operation:

06.12.2025, 12:15

Economy

Benefits for jewelers, tailors, and when selling cars: the president signed the decree

Sadyr Japarov, the President of Kyrgyzstan, signed a decree titled "On Measures to Support Certain Sectors of the Economy." This information was announced by the press service of the head of state. The decree contains a directive for the Cabinet of Ministers to prepare and submit within a month a draft law on supporting the jewelry industry for consideration by the Jogorku Kenesh. In particular, this project should provide for tax benefits and preferences regarding the payment of

06.12.2025, 12:11

Economy

Kyrgyzstan Continues to Maintain Leadership in Cargo Transportation Growth in the EAEU

According to data presented by the Eurasian Economic Commission, Kyrgyzstan continues to lead in the growth of cargo transportation within the Eurasian Economic Union. These results were summarized based on the outcomes of the first three quarters of 2025. Comparison with the same period last year shows that passenger traffic in the EAEU increased by 0.6 percent. At the same time, the member countries demonstrated different growth rates: in Kazakhstan, the figures rose by 8.8 percent, in

06.12.2025, 11:04

Economy / Exclusive

A large-scale support program for the jewelry and sewing industries is being launched in Kyrgyzstan

President of the Kyrgyz Republic Sadyr Japarov has signed a decree regarding the support of certain economic sectors, particularly the jewelry and textile industries. This decree aims to support small and medium-sized enterprises and is based on Article 71 of the Constitution. The Cabinet of Ministers of the Kyrgyz Republic is tasked with: 1) preparing and submitting to the Jogorku Kenesh a draft law within a month, which should include:

06.12.2025, 11:01

Economy / Exclusive

In Jeti-Oguz, a fair was held: Which product was in the highest demand?

In the Jeti-Oguz district of the Issyk-Kul region, an agricultural fair was held, reports Turmush correspondent. The event was organized to provide local residents with the opportunity to purchase products produced by local farmers at reasonable prices.

06.12.2025, 10:20

Economy

Kyrgyzstan has purchased 270,000 doses of high-quality seed material

At a seminar organized for private veterinarians, insemination technicians, pasture specialists, and breeding farm managers, Zhanibek Kerimaliev, the First Deputy Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, emphasized important reforms in the livestock sector. This was reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic.

06.12.2025, 09:53

Economy

In 11 months, 562.5 tons of cargo violating phytosanitary standards were not allowed into the Kyrgyz Republic

According to the results of work from January to November 2025, the Department of Chemicalization, Plant Protection, and Quarantine reported 35 identified cases of non-compliance with phytosanitary requirements, which led to the return of 562.5 tons of cargo at the country's border. This information was announced by the press service of the Ministry of Agriculture of the Kyrgyz Republic. Among the detained cargo:

06.12.2025, 09:40

Economy

Rosatom plans to start construction of a wind farm in Kyrgyzstan in 2026

According to Nazarov, the main parameters, site, and connection schemes for the future station have already been established. Rosatom plans to build a wind power station with a capacity of 100 MW in the Issyk-Kul region of Kyrgyzstan in 2026. This information was announced by TASS following Nazarov's working trip to Dagestan.

06.12.2025, 09:38

Economy

In Ak-Tal, a new line will increase safflower oil production by 16 times

New modern equipment for filtering safflower oil has been delivered to the Ak-Talinsky district from Turkey. The delivery was made with the financial support of the UNDP program (UN GDP), as reported by entrepreneur Akylbek Abdildaev. According to him, the new production line will be able to produce up to 800 kg of safflower oil per day. Currently, the equipment is being installed, and soon the enterprise will begin full-scale operations.

06.12.2025, 09:15

Economy

Liquidation of Individual Entrepreneurs: Legal Nuances You Should Know

The State Tax Service of the Kyrgyz Republic has announced the start of the procedure for the forced liquidation of inactive legal entities and the annulment of individual entrepreneur (IE) registrations. This announcement was made by an official representative of the press service of the STS. The agency has published a list of inactive taxpayers. Territorial tax authorities will be able to initiate the forced liquidation process 30 days after the official publication of this list.

06.12.2025, 08:34

Economy

In Kyrgyzstan, over 4000 units of equipment are operating on MTS to assist farmers

Currently, there are about 4,000 units of agricultural machinery operating in the regions of Kyrgyzstan, belonging to 186 machine-tractor stations. Of these, 63 are municipal MTS, and 123 are private, reports the press service of the Ministry of Agriculture of the Kyrgyz Republic.

06.12.2025, 08:21

Economy

The project activities of the Turkic Investment Fund will begin in 2026.

The second meeting of the Board of Governors of the Turkic Investment Fund took place in Bishkek, as reported by the press service of the Ministry of Economy. At the meeting, it was decided that the organization's project activities will begin in the first quarter of 2026. This event will be an important step in implementing strategic initiatives and launching the fund's operations.

05.12.2025, 22:29

Economy

Kyrgyzstan and Pakistan Agree on Mutual Electricity Supplies

During the official visit of the President of Kyrgyzstan Sadyr Japarov to Pakistan, a meeting took place between the Minister of Energy of the Kyrgyz Republic Talaybek Ibraev and his Pakistani counterpart Sardar Awais Ahmed Khan Leghari. According to the press service of the Ministry of Energy of Kyrgyzstan, a memorandum of understanding regarding energy sector issues was signed during this meeting.

05.12.2025, 19:24

Economy

The CEC will not conduct a recount of votes in district No. 22

On December 5, the Central Election Commission for elections and referendums reviewed a request from the authorized representative of the political party "Yntymak" for a recount of votes in electoral district No. 22. The authorized representative submitted a request for a manual recount of ballots at all polling stations in the district and for the provision of official data on the voting results.

05.12.2025, 18:07

Economy

Repair of Manas Airport: What the Completed Section Looks Like and What Still Needs to Be Built

Since the beginning of summer, active reconstruction has been underway at the "Manas" International Airport, which, according to preliminary estimates, will take at least another six months. According to Altynbek Mambetov, the director of infrastructure and regional development at the OJSC "Airports of Kyrgyzstan," "passengers can now get from the turnaround to the terminal entrance in just 70-100 meters."

05.12.2025, 17:55

Economy

Kyrgyzstan and Pakistan Plan to Increase Annual Trade Turnover to 500 Million Dollars

To achieve this ambitious goal, significant work needs to be done Kyrgyzstan and Pakistan intend to increase the volume of mutual trade to 100 million dollars per year in the short term, and to 500 million dollars in the long term. These plans were announced after a meeting between the leaders of the two countries in Islamabad.

05.12.2025, 17:35

Economy

Minister of Finance: Kyrgyzstan's External Debt Decreased to 37 Percent of GDP

The Minister of Finance noted that there is a possibility of early repayment of part of the debt. According to statements by Almaz Baketaev, Kyrgyzstan's external debt has decreased to 37% of the gross domestic product (GDP).

05.12.2025, 17:25

Economy

CASA-1000 Remains an Important Project in Central Asia's Energy Sector

After its launch, Kyrgyzstan and Tajikistan will be able to earn up to 250 million dollars annually The CASA-1000 project continues to be significant in the energy sector of Central Asia, receiving substantial funding. At a recent meeting in Islamabad, the discussion of this project took center stage in negotiations between Kyrgyzstan and Pakistan.

05.12.2025, 16:55

Economy / Exclusive

How many Kyrgyz citizens have registered a self-ban on lending through "Tunduk"

According to data from the National Bank, from November 1 to December 5, 2025, 65,356 citizens of Kyrgyzstan used the self-ban on lending service available through the "Tunduk" mobile application. Starting from November 1, 2025, a new mechanism was implemented to enhance the financial security of citizens — the "Self-Ban on Lending." This tool was created to protect personal data from fraudsters.

05.12.2025, 16:40

Economy

The head of the Kyrgyz government assessed the construction of the tunnel on the KKU railway.

Photo of the Cabinet of Ministers of the KR Adylbek Kasymaliev, Chairman of the Cabinet of Ministers, visited the construction site of the tunnel on the strategic railway "China - Kyrgyzstan - Uzbekistan," located in Tash-Kutchu. This was reported by the government press service. During the visit, he was provided with information about the current state of construction work on this important infrastructure project.

05.12.2025, 16:30

Economy

The Central Bank of Russia has lifted limits on transfers abroad for friendly countries

Starting from December 8, 2025, the Bank of Russia will lift the previously imposed restrictions on foreign currency transfers abroad for individuals from friendly countries and citizens of the Russian Federation. This decision is related to the currently stable situation in the foreign exchange market, as reported by Interfax. Until that moment, there was a limit on transfers for citizens of Russia and friendly countries, which amounted to no more than $1 million or its equivalent in another

05.12.2025, 16:20

Economy

A Gypsum Board Plant Has Opened in Southern Kyrgyzstan

On December 5, a new gypsum board manufacturing plant was officially opened in the village of Dostuk, located in the Suzak district. The event was attended by Adylbek Kasymaliev, who was in the Jalal-Abad region on a working trip, as reported by the government press service. The designed capacity of the plant is 60,000 tons of gypsum powder per year and 10 million square meters of gypsum board annually. The plant has created 80 jobs, and the investment in the project amounted to 11.7 million

05.12.2025, 16:01

Economy / Exclusive

In the city of Batken, it was decided to sell smuggled livestock meat at a reduced price.

In the city of Batken, a decision has been made to sell beef seized during anti-smuggling operations at a lower price, the press service of the mayor's office reported. According to the information, today, December 5, at 3:00 PM, residents will be able to purchase meat at a discounted price of 600 soms.

05.12.2025, 14:56

Economy

65,356 Kyrgyzstani citizens have already put a "lock" on their loans. What about you? We explain how to do it.

Imagine waking up to a phone call from the bank — you are informed that a loan for 500,000 soms has been taken out in your name, and you have already missed the first payment. Or perhaps you are being contacted by someone claiming to be a bank employee who demands your card password, and thinking it is indeed a bank worker, you provide them with the information. Maybe you log into online banking and see that your accounts have been drained. This is frightening, as you haven't taken out any

05.12.2025, 14:32

Economy

In Kyrgyzstan, fruit orchards will be planted along the roadsides.

In Kyrgyzstan, a new project is starting aimed at planting fruit orchards along highways. The Ministry of Water Resources, Agriculture, and Processing Industry is responsible for implementing this initiative. The main objectives of the project are to reduce soil erosion, develop green infrastructure, and strengthen road embankments.

05.12.2025, 14:21

Economy

The Regulation of Securities is Changing: The Bill has been Brought Forward for Discussion

Photo from the internet. Discussion of the new draft law on securities regulation The Cabinet of Ministers of Kyrgyzstan has submitted a draft law for public discussion, concerning amendments to several legislative acts related to the securities market. This document is available on the portal of normative legal acts, where citizens can leave their comments and suggestions. The draft law proposes significant changes to three important laws: "On the Securities Market," "On

05.12.2025, 14:06

Economy

Kyrgyzstan and Pakistan Plan to Expand Joint Investment Projects

The business forum brought together key figures from the business communities and government structures of both countries, who discussed the most important sectors of the economy, including the banking sector, energy, tourism, agriculture, education, information technology, the textile industry, medicine, and pharmaceuticals. Ravshanbek Sabirov, the director of the National Investment Agency, presented the investment opportunities in Kyrgyzstan, emphasizing the stable economic growth and

05.12.2025, 14:05

Economy

The Gold of Kyrgyzstan Showcased at the Binance Blockchain Week 2025 in Dubai

In Dubai, at the Binance Blockchain Week 2025, a landmark event took place for the global crypto industry. Binance founder Changpeng Zhao presented a gold bar from Kyrgyzstan during the main panel discussion of the forum titled "The Great Debate: Bitcoin vs. Tokenized Gold." This was reported by Farhat Iminov, head of the secretariat of the National Council for the Development of Virtual Assets and Blockchain Technologies. The debate took place on December 4 and attracted a full

05.12.2025, 13:03

Economy / Exclusive

What is needed to terminate an individual entrepreneur's activity: a step-by-step guide

The State Tax Service has provided information on how to properly terminate the activities of an individual entrepreneur. According to the agency, it is important to follow the established steps if you have decided to close your individual entrepreneurship.

05.12.2025, 12:55

Economy

Extreme Heat and Drought Will Hinder Economic Development in Kyrgyzstan

According to the Climate and Development Report (CCDR) for Kyrgyzstan by the World Bank, economic resilience is key to its transformation, the creation of new jobs, and protecting the population from climate risks. As reported by the Ministry of Natural Resources, Ecology, and Technical Supervision, the poverty rate in Kyrgyzstan has decreased from 62.6% in 2000 to less than 26% by 2024. However, economic growth and job creation do not align with established national goals. The government aims

05.12.2025, 12:16

Economy

The Ruble Has Sharply Appreciated. Currency Rates in Commercial Banks on December 5

The National Bank of Kyrgyzstan presented the exchange rates for foreign currencies as of December 5: The dollar rate remained at 87.45 soms, while the euro and ruble showed an increase in value.

05.12.2025, 12:14

Economy

Exchange rates in commercial banks of Kyrgyzstan on December 5

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 and pertains to cash exchange. Rates may fluctuate throughout the day.

05.12.2025, 12:09