News of Kyrgyzstan, Bishkek and Osh — latest events today
Economy

"Elkart" and HUMO Launch Mutual Acquiring Project

The payment systems of Uzbekistan, HUMO, and Kyrgyzstan, "Elkart," have announced the launch of a joint project for mutual acquiring. This innovation will allow HUMO cardholders to make purchases and withdraw cash in Kyrgyzstan, where the national payment system "Elkart" operates. Similarly, "Elkart" cardholders will be able to use their cards in Uzbekistan. Key benefits: Simplification of the process for travelers and migrants: now it is possible to make payments

05.12.2025, 12:02
Kyrgyzstanis Prefer to Keep Savings in Som
Economy / Exclusive

Kyrgyzstanis Prefer to Keep Savings in Som

According to information provided by Aida Karabaeva, the official representative of the National Bank of Kyrgyzstan, the banks' loan portfolio has reached 460 billion soms, which corresponds to a growth of 35%. This data was announced on the air of Birinchi Radio. Karabaeva also noted that the deposit portfolio shows a similar trend, having increased by 35% to 804 billion soms. The largest share of deposits and loans is in the national currency.

05.12.2025, 11:24
Gold and Platinum Price Forecasts Raised
Economy / Exclusive

Gold and Platinum Price Forecasts Raised

The Fitch Ratings agency has updated its forecasts regarding the prices of several precious metals, as reported on its official website. According to the new estimates, by the end of 2026, the price of gold is expected to reach $3,400 per troy ounce, whereas previously a price of $2,700 was anticipated. In 2027, a decrease to $2,500 is expected, and in 2028, to $2,000.

05.12.2025, 10:38
In the Alamudun District, the installation of concrete pavement on the "R-7" canal has begun.
Economy

In the Alamudun District, the installation of concrete pavement on the "R-7" canal has begun.

In the Alamudun district, work on the concreting of the "R-7" canal is actively continuing. This information was announced by the press service of the Ministry of Agriculture of the Kyrgyz Republic. This canal is 4.16 kilometers long and provides irrigation for 3,212 hectares of agricultural land. The implementation of a concrete surface will help minimize losses of irrigation water and improve water supply for both farmers and local residents, which, in turn, will contribute to

05.12.2025, 10:36
Economy

The ban on the export of waste paper and paper waste is set to be extended in Kyrgyzstan

In the Kyrgyz Republic, the possibility of extending the existing ban on the export of waste paper and paper waste for an additional six months is being discussed. The Ministry of Economy and Commerce has presented a draft resolution that includes a temporary ban on the export of recyclable paper and cardboard outside the customs territory of the Eurasian Economic Union. This initiative is aimed at preventing a serious shortage of raw materials in the domestic market, which should help

05.12.2025, 10:13
Exchange rates for December 5
Economy / Exclusive

Exchange rates for December 5

As of December 5, 2025, the National Bank presented the current exchange rates for foreign currencies. According to the published data, the exchange rate of the US dollar remains at 87.45 soms, indicating its stability. At the same time, the euro showed a slight strengthening, increasing from 101.8268 to 102.1154 soms. Similarly, the Russian ruble also appreciated, rising from 1.1274 to 1.1316 soms. The Kazakh tenge also demonstrated growth, increasing from 0.1735 to 0.1751 soms.

05.12.2025, 09:27
External debt of Kyrgyzstan has decreased by up to 37% — Minister of Finance
Economy

External debt of Kyrgyzstan has decreased by up to 37% — Minister of Finance

The Minister of Finance of Kyrgyzstan, Almaz Baketaev, reported a significant reduction in the country's external debt to 37%. This achievement has been made possible through efforts undertaken over the past four years in accordance with the president's directives to reduce the debt burden on the state budget. Photo Sputnik. Minister of Finance of Kyrgyzstan Almaz Baketaev

05.12.2025, 09:16
The Ruble Sets Records, the Tenge Appreciates Significantly. Exchange Rates as of December 5
Economy

The Ruble Sets Records, the Tenge Appreciates Significantly. Exchange Rates as of December 5

Photo from the internet. The Russian ruble has once again reached a yearly high As of December 5 of this year, there is an increase in the official exchange rates of the euro, Russian ruble, and Kazakh tenge, while the Chinese yuan has decreased. The US dollar remained stable, according to data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar Rate:

05.12.2025, 08:59
Economy

The National Bank of Kyrgyzstan Increases Gold Reserves - World Gold Council

The National Bank of Kyrgyzstan continues to expand its gold and foreign exchange reserves, as reported in materials from the World Gold Council. According to the latest data, in October 2025, central banks around the world actively increased their gold reserves, acquiring a total of 53 tons of the precious metal.

05.12.2025, 07:02
Georgia plans a flight from Beijing to Tbilisi with a stopover in Bishkek
Economy

Georgia plans a flight from Beijing to Tbilisi with a stopover in Bishkek

Negotiations took place Negotiations were held in the capital of Georgia, Tbilisi, between the Ambassador of Kyrgyzstan, Maksat Mamytkanov, and the leadership of the local aviation industry, during which the issue of opening direct air communication with Bishkek and creating a transit route was discussed.

05.12.2025, 02:40
Economy

GAUGI has put the LLC "Balykchy Eth Kombinat" up for auction

The starting price for the share is 631,245,800 soms The State Agency for the Management of State Property under the Cabinet of Ministers has announced the start of the sale of a 100% share of LLC "Balykchy Meat Processing Plant". The enterprise will be put up for electronic auction, as stated in the agency's press release.

05.12.2025, 02:32
What Documents Are Required for Exporting Goods to EAEU Countries: Explanation from the State Tax Service
Economy / Exclusive

What Documents Are Required for Exporting Goods to EAEU Countries: Explanation from the State Tax Service

The State Tax Service (STS) reminds that for successful export of goods to EAEU countries, it is necessary to ensure the availability of a complete set of accompanying documents. Among the mandatory documents, the following are highlighted: – contract between the exporter and the recipient; – invoice; – international consignment note (CMR); – packing list; – certificate of origin ST-1; – certificates or declarations of conformity; – phytosanitary or veterinary certificate and certificate of

04.12.2025, 16:10
Business is ready to invest in people if reforms are conducted transparently
Economy

Business is ready to invest in people if reforms are conducted transparently

High-level consultations "From Doha to Bishkek" were held in Bishkek, resulting from the World Summit on Social Development that took place in November in Doha, Qatar. Participants included representatives from international organizations, the government of Kyrgyzstan, state structures, as well as the business community and experts. The session "Investing in People: Developing Human Capital in Kyrgyzstan" discussed key policy measures in the areas of education, healthcare,

04.12.2025, 15:20
"Attila Organics Food" Revives Ancient Recipes of Nomadic Kyrgyz Cuisine
Economy / Exclusive

"Attila Organics Food" Revives Ancient Recipes of Nomadic Kyrgyz Cuisine

In the Alamudun district, in the village of Besh-Kungoy, is the company "Attila Organics Food," which produces meat products inspired by the ancient traditions of nomadic Kyrgyz cuisine. According to information from the Ministry of Agriculture, this enterprise is characterized by a small production volume, offering over 100 types of high-quality products.

04.12.2025, 15:18
Economy

Seven Documents for the EAEU That Will Help Avoid Delays in Goods Export

The State Tax Service of the Kyrgyz Republic has drawn the attention of exporters to the necessity of having a complete set of accompanying documents for the export of goods to EAEU countries. This requirement will help avoid possible delays and questions during the export process, as noted by the STS. The mandatory documents include:

04.12.2025, 15:16
In Kyrgyzstan, the number of payments made via QR codes in the first half of the year was 20 times higher than the previous year.
Economy

In Kyrgyzstan, the number of payments made via QR codes in the first half of the year was 20 times higher than the previous year.

At the Congress of Financiers of Kazakhstan, the head of the National Bank of Kyrgyzstan, Melis Turgunbaev, reported that in the country, the number of payments made through QR codes in the first half of the year increased 20 times compared to the same period last year. Photo by the media. Head of the National Bank of Kyrgyzstan Melis Turgunbaev

04.12.2025, 14:46
The Biojem Plant Produces Aquaculture Feed in the Chui Region
Economy

The Biojem Plant Produces Aquaculture Feed in the Chui Region

In the village of Petrovka, in the Moscow district of the Chuy region, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, held a working meeting at the BIOJEM plant, where he familiarized himself with the technological process of production. This information was provided by the press service of the Ministry of Agriculture of Kyrgyzstan. BIOJEM is a leading domestic producer of feed for freshwater aquaculture. The plant is equipped with advanced extrusion

04.12.2025, 14:28
The price of Bitcoin has exceeded 95 thousand dollars
Economy / Exclusive

The price of Bitcoin has exceeded 95 thousand dollars

After a significant drop in November, the price of Bitcoin began to rise with the arrival of the new month, increasing by more than 7% in the last 24 hours, according to trading platform data. According to information from CoinMarketCap, which analyzes average prices on more than 20 exchanges, as of 10:09 Moscow time, the price of Bitcoin jumped by 7.26% to $93,303.63. On the largest cryptocurrency exchange, Binance, the price of Bitcoin rose by 7.29%, reaching $93,291.72.

04.12.2025, 12:25
Businesses in Tomsk Region, Russia Want to Collaborate with Kyrgyzstan: Who Came
Economy

Businesses in Tomsk Region, Russia Want to Collaborate with Kyrgyzstan: Who Came

In the Tomsk region of Russia, there is an active desire to develop cooperation with Kyrgyzstan. As reported by the regional administration, events are planned to take place both in Bishkek and in the Issyk-Kul region, which previously signed a partnership agreement with the Tomsk region. Photo provided by the Tomsk region administration

04.12.2025, 12:06
Pakistani companies intend to invest in the economy of Kyrgyzstan
Economy / Exclusive

Pakistani companies intend to invest in the economy of Kyrgyzstan

At the upcoming business forum "Kyrgyzstan – Pakistan," several important documents are expected to be signed, as reported by the director of the National Investment Agency, Ravshanbek Sabirov, in an interview with the Kabar agency. During the official visit of President Sadyr Japarov to Pakistan, high-level meetings are taking place. A delegation from 23 companies in Kyrgyzstan has arrived in Pakistan, expressing their readiness to cooperate in various fields.

04.12.2025, 12:03
Exchange rates in commercial banks of Kyrgyzstan on December 4
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 4

Information about currency exchange rates has been collected from various commercial banks' websites. If you have any questions, it is recommended to contact these institutions directly. The data is current as of the time of publication. The rates mentioned pertain to cash currency exchange and may change throughout the day.

04.12.2025, 11:57
Economy

Duties on certain types of nuts, seeds, and pits have been eliminated in the EAEU

The Eurasian Economic Commission reported that tariffs on certain types of nuts, seeds, and stones have been abolished for three years. This decision was made by the EEC board. In particular, the import customs duties for shea nuts, shorea nuts, sal seeds, Garcinia indica seeds (code 1207 99 960 1 TN VED EAEU), and mango (mangifera indica) stones and their kernels (code 1212 99 950 1 TN VED EAEU) are now set at 0 percent of the customs value and will be in effect until December 31, 2028.

04.12.2025, 11:49
In the rural administration of Shumkar-Uya, work is actively underway to improve pastures.
Economy

In the rural administration of Shumkar-Uya, work is actively underway to improve pastures.

The Cabinet of Ministers of the Kyrgyz Republic has approved a program aimed at improving pastures from 2024 to 2029. As part of this initiative, activities are being carried out to restore pastures and increase their productivity in the rural area of Shumkar-Uya, as reported by the press service of the Ministry of Agriculture of the KR. To enhance the quality of pasture soils and increase grass biomass, organic fertilizers "Grukhus" and "Nanakumat" are being used. The

04.12.2025, 11:30
Economy

Expanding Export Opportunities for Kyrgyz Producers in the Chinese Market

The Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan has announced plans to significantly increase the export potential for local producers in the Chinese market. As part of this initiative, the republic has begun the process of developing and agreeing on five new protocols concerning veterinary and sanitary standards and inspection control procedures. The signing of these documents will ensure access for Kyrgyz goods to new segments of the Chinese market.

04.12.2025, 11:18
Kyrgyzstan is preparing to open new types of exports to China
Economy / Exclusive

Kyrgyzstan is preparing to open new types of exports to China

The Ministry of Agriculture of the Kyrgyz Republic announces plans to significantly increase the supply of products from domestic producers to the Chinese market. As part of this initiative, the republic has begun work on preparing and agreeing upon five new veterinary and sanitary protocols, which include requirements and procedures for inspection control. After the signing of these documents, Kyrgyz products will be able to enter additional segments of the Chinese market.

04.12.2025, 11:13
Fattening Complex in Chui Region Valued at 1.45 Billion Soms Put Up for Auction
Economy / Exclusive

Fattening Complex in Chui Region Valued at 1.45 Billion Soms Put Up for Auction

The State Agency for Property Management has announced electronic auctions for the sale of a large fattening complex located in the territory of Burana in the Chui region. According to the agency, this complex is intended for the intensive breeding of large and small cattle, as well as poultry and other agricultural animals. The facility has a complete infrastructure that allows for the entire cycle of production processes: from the reception and veterinary treatment of animals to their

04.12.2025, 09:53
Economy

The National Bank extends the ban on fees for money transfers without opening an account

From January 1 to December 31, 2026, commercial banks and payment organizations are not allowed to charge commission fees from recipients of money transfers within the territory of Kyrgyzstan. This applies to transfers made through international money transfer systems without opening an account. This decision was made by the Board of the National Bank of the Kyrgyz Republic today, December 3. In the explanation of the decision, it is stated that it is aimed at protecting consumer rights and

04.12.2025, 09:11
Economy

FAO: $2.5 Billion Needed for Agricultural Assistance in 2026

The Food and Agriculture Organization of the United Nations (FAO) has called on the international community to raise $2.5 billion to assist more than 100 million people in 54 countries and regions in 2026. This year, the FAO is uniting all its needs into a single structure for the first time. According to the UN News Service, despite significant volumes of humanitarian funding in previous years, the number of people facing food shortages has tripled since 2016.

04.12.2025, 09:02