The company announced the cost of the new tariff Consumers experiencing a shortage of power in their electricity supply may consider switching to an unlimited tariff. This was announced by Isabek Orozbaev, head of the electricity sales department of the National Electric Network of Kyrgyzstan JSC.
From October 25 to 29, the 32nd China High-Tech Fair in the agronomic field took place in the city of Yanlin, with active participation from the representation of the Kyrgyz Republic at the Ministry of Economy and Commerce. This was reported by the press service of the ministry.
Gulnura Toralieva has become the co-chair of the Kyrgyz-Azerbaijani Business Council from the Kyrgyz side, as reported by the Chamber of Commerce and Industry of Kyrgyzstan. In her new position, she will focus on promoting business initiatives, strengthening business ties, and expanding cooperation between Kyrgyzstan and Azerbaijan.
According to data from the Eurasian Economic Commission, from January to August, the volume of construction work in the EAEU countries increased by 5.2% compared to the same period last year. It is worth noting that in 2023, the construction sector became one of the key factors for the growth of Kyrgyzstan's gross domestic product, accounting for 7.9% of the total economy of the country for the period from January to September.
The President of the Kyrgyz Republic, Sadyr Japarov, has signed amendments to the law concerning food security. This information was provided by the information policy department of the president's office. It should be noted that the changes were approved by the Jogorku Kenesh on September 18 of this year.
The National Bank of Kyrgyzstan published the exchange rates for November 3: The US dollar remains stable at 87.45 soms, while the euro and the ruble continue to decline.
An extraordinary shareholders' meeting of OJSC "Airports of Kyrgyzstan" took place on October 31, during which a number of important initiatives for the further development of the company were discussed and approved, the press service reports. One of the key decisions was to conduct an additional share issuance, known as the seventh emission.
In Bishkek, an event titled "New Architecture of Investment Policy: Partnership of the State, Business, and Investors" took place, during which participants discussed relevant proposals for improving law enforcement practices and creating a more comfortable investment environment in Kyrgyzstan. As part of this meeting, a memorandum of cooperation was signed between the National Investment Agency under the President of the Kyrgyz Republic, the General Prosecutor's Office, and
Photo from the internet. The Russian ruble continues to remain unstable — its exchange rate fluctuates between significant growth and sharp decline According to information provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek, the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan have shown a decrease. Meanwhile, the dollar exchange rate remained unchanged. US Dollar:
The data is presented based on information collected from commercial bank websites. If you have any questions regarding the indicated rates, it is recommended to contact the banks directly. The data is relevant at the time of publication. Please note that currency exchange rates for cash transactions may change throughout the day.
In response to the sanctions imposed by Western countries against the Russian oil sector, Turkish refineries have started increasing oil purchases from alternative suppliers. This was reported by Reuters, citing its sources. Turkey, along with China and India, has traditionally been one of the major importers of oil from Russia.
According to information provided by the Eurasian Development Bank, trade volume between Central Asia and the Gulf States has increased fourfold. The EDB noted that their first macroeconomic and financial study covers the Gulf States.
The volume of gross domestic product of Kyrgyzstan amounted to 380.5 billion soms, which corresponds to an increase of almost 11 percent. This data was presented by the National Statistical Committee based on the results of the second quarter of 2025. Comparing with the same period last year shows that this indicator increased by 10.9 percent.
In Kyrgyzstan, meat continues to be quite an expensive product in the market, yet the demand for it does not decrease. Kaktus.media conducted a study to find out the current prices for sheep, cows, and horses, as well as the reasons why the cost of meat remains high. Currently, the livestock sales season is in full swing, lasting from August to November. This period coincides with numerous weddings and other celebrations, during which animals are traditionally slaughtered. Despite efforts to
The National Statistical Committee presented the results of the ranking based on five key indicators, including the number of employees, sales revenue, gross income, operating profit (or loss), and financial results. As of the end of 2024, the ranking included 32,759 enterprises from the real sector of the country.
Since the beginning of October, media reports have emerged about a significant increase in the number of trucks at the Kazakhstan-Russia border seeking to enter Russia. By mid-month, this number reached 7,000. Traffic jams have occurred not only at the border crossing points but also on access roads. According to the Ministry of Transport of Kazakhstan, this is related to the tightening of control by Russia. The time for cargo inspections has increased, and measures for document verification
This week in Bishkek, there has been an increase in prices for potatoes, tomatoes, cabbage, peppers, and milk. At the same time, rice, cucumbers, carrots, pears, bananas, and eggs have become cheaper. As a result, the cost of the minimum grocery set decreased by 69 soms, now amounting to 6,140 soms.
The Cabinet of Ministers of Kyrgyzstan has decided to exempt from customs duties the goods necessary for the implementation of the investment project for the construction and operation of a solar power plant with a capacity of 1.9 GW. The resolution signed by the Prime Minister aims to simplify conditions for investors.
The launch of the new plant is a significant step within the framework of the development program for the "Yoshlik I" deposit and aims to increase the production capacities of AGMK.
The bank is also co-founded by the former speaker of the Jogorku Kenesh. The new bank of Kyrgyzstan, named "Berekett Bank," was established by the youngest son of President Sadyr Japarov and Marat Sultanov, who previously held the position of speaker of the Jogorku Kenesh.
Where is it best for Kyrgyz citizens to invest their dollars and soms? A new building of the National Bank was opened in Bishkek. President Sadyr Japarov suggested that both commercial banks and citizens store gold in this institution.
A meeting of the board organized by the Ministry of Energy of the Kyrgyz Republic took place in Bishkek, where the results of the work of energy companies for the nine months of 2025 were summarized. High-ranking officials attended this meeting, including a representative of the president's office, Minister of Energy Talaybek Ibraev, as well as deputy ministers and heads of related sectors. As part of the project "Rehabilitation of the Toktogul HPP Phase No. 3," the installation
Sadyr Japarov, the President of Kyrgyzstan, has approved a draft law that amends a number of regulatory acts related to taxation. This was reported in a press release from the State Tax Service. According to the information from the service, the draft law proposes a strict ban on the use of equipment (including software and hardware devices) for business purposes to make payments via bank cards, electronic money, as well as through QR codes and other cashless payment methods registered to
On October 30, a meeting took place in Bishkek, attended by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, and the First Deputy Minister of Economy of Azerbaijan, Elnur Aliyev. The meeting emphasized that cooperation between the two countries is actively developing within both bilateral and multilateral formats. The prospects for strengthening trade and economic ties were discussed, with a focus on activating the work of the Azerbaijan-Kyrgyz Development Fund.
The sixth meeting of the Azerbaijan-Kyrgyz Development Fund Council took place in Bishkek, chaired by Elnur Aliyev, the First Deputy Minister of Economy of Azerbaijan. The press service of the Ministry of Economy reported that representatives of the government structures of both countries also participated in the event. During the meeting, an investment project for the construction of a small hydroelectric power station was approved, which will have a capacity of 5.4 megawatts and will be
Today, a meeting of the Ministry of Energy took place in Bishkek, where the results of the energy companies' work for the first nine months of 2025 were summarized. According to the provided data, the total electricity consumption in the country amounted to 13.8 billion kWh, while domestic electricity production reached 11.3 billion kWh.
The National Bank has published the official exchange rates at the beginning of November 2025. Compared to the data from the previous day, there have been changes in most major currencies:
On October 30, at the opening of the reconstructed facility, Deputy Prime Minister Kamchybek Tashiev announced his plans to increase the salaries of employees at the wastewater treatment plant in Manas. During a conversation with the female employees, he inquired about their housing. All responded that they owned their homes, and some of them received apartments from the State Mortgage Company last year. After that, Tashiev clarified what their earnings were. The amounts ranged from 17,000 to
A new closed joint-stock company called "Berekett Bank" will be launched in the financial market of the Kyrgyz Republic. The board of the national regulator approved its establishment on October 10, 2025. According to the Ministry of Justice, the bank was registered on October 20, and it has no foreign participation.
At the event titled "New Architecture of Investment Policy: Partnership of the State, Business, and Investors," held on October 30 in Bishkek, participants discussed ways to improve law enforcement practices and create a more favorable investment environment for business in Kyrgyzstan. Beктурсун Кенжематов, head of the legal support department for investor protection at the National Investment Agency, presented an updated vision of investment policy, emphasizing the need for
A memorandum of cooperation has been signed between the National Agency for Investments, the Prosecutor General's Office, and the business community
In recent years, there has been active development of road infrastructure in Kyrgyzstan, funded by the state budget. The country's road sector is demonstrating rapid growth. Support from the state budget allows for the implementation of numerous large projects that have strategic significance. Improving the quality of both domestic and international roads contributes not only to economic growth but also to strengthening connections between regions, improving the conditions for
In Karakol, located in the Issyk-Kul region, there has been an increase in prices for beef, lamb, and horse meat over the past week, reports Turmush correspondent. The largest price hike has affected beef (meat from young cows), which now costs 700 soms per kilogram.
On the website sti.gov.kg in the "Knowledge Base" section and the "Useful Information" subsection, taxpayers can find information about the average monthly salary by regions and cities of the country, as well as download the attached document.
As of October 31, the exchange rates set by the National Bank of Kyrgyzstan are as follows: The dollar remains at 87.45 soms, while the euro and the ruble have slightly decreased in value.
In Bishkek, a National Investment Dialogue took place, gathering representatives from the government, the prosecutor's office, the financial sector, and business to discuss new approaches to Kyrgyzstan's investment policy. One of the most significant events of the meeting was the signing of a memorandum of cooperation between the National Investment Agency under the President of the Kyrgyz Republic, the General Prosecutor's Office, and representatives of the business community.
President of the Kyrgyz Republic Sadyr Japarov has signed a law regarding the ratification of Additional Agreement No. 1 to the Loan Agreement with the European Bank for Reconstruction and Development (EBRD). This agreement pertains to the project for the "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab." As a result of this document, 2.25 million euros will be allocated, of which 1.5 million euros will be received in
This information was gathered from the websites of commercial banks. If you have any questions regarding the specified data, it is recommended to contact the banks directly. The indicated rates are valid at the time of publication. Please note that rates for cash exchange may change throughout the day.
A meeting of the presidential representative office took place in the Osh region. As reported by a Turmush correspondent, on October 31, the results of work for the past nine months will be discussed at this meeting. Among the participants are the akims of seven districts, heads of various departments and organizations, heads of ayil okmotu, and representatives of law enforcement agencies.
The Cabinet of Ministers of the Kyrgyz Republic has approved funding for new digital initiatives in the field of transport and communications, making the necessary amendments to the resolution. According to the new decision, the Ministry of Transport and Communications will receive the following funds:
The President approved the agreements According to the signed Law, Sadyr Japarov ratified Additional Agreement No. 1 to the Loan Agreement concluded on May 23, 2019, between the Kyrgyz Republic and the European Bank for Reconstruction and Development. This agreement pertains to the project "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab," as well as the Grant Agreement signed on April 14, 2025, in Bishkek, regarding the
Sadyr Japarov, the President of Kyrgyzstan, signed a decree that officially establishes the open joint-stock company "Eldik Bank" as the successor to the traditions of the amanat (savings) business that originated in the country in 1925. This document emphasizes that the main goal of this decision is to preserve the historical heritage of Kyrgyzstan and to promote the strengthening of a culture of financial responsibility and thrift among citizens.
Sadyr Japarov, the president of the country, has signed a new law "On Consumer Credit," aimed at streamlining the process of issuing and repaying loans. The document also aims to enhance the level of protection for borrowers and improve the transparency of lending conditions. This law will come into effect 10 days after its signing.
The Ministry of Finance has announced the issuance of preferential loans to farmers in Kyrgyzstan totaling 4 billion soms. As part of the "Agricultural Financing" initiative (AF-13), 6,487 agricultural producers have gained access to these funds.
At the KyrgyzTransLogistic 2025 exhibition taking place in Bishkek, representatives of freight carriers proposed the initiative to abolish the visa regime with China to improve logistics processes.
The President of the Kyrgyz Republic, Sadyr Japarov, signed the Law "On the Ratification of Additional Agreement No. 1 to the Loan Agreement dated May 23, 2019, with the European Bank for Reconstruction and Development, concerning the project 'Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab.' The grant related to investments from the Special Shareholders Fund of the EBRD, signed on April 14, 2025, in Bishkek, has
As of October 31, 2025, the National Bank presented the current exchange rates. The exchange rate of the US dollar remained stable at 87.45 soms.
According to the latest data presented by the National Bank of Kyrgyzstan and exchange points in Bishkek, the US dollar has not changed its value, while the euro and Russian ruble have depreciated again. In contrast, the Kazakh tenge continues to strengthen. US Dollar: