Economy

Airbus Massively Recalls A320 Aircraft. What Could This Lead To?

The aerospace company Airbus announced the need to recall 6,000 A320 aircraft for software updates. This information was published on November 28 by Reuters. This recall has become one of the largest in Airbus's history over the past 55 years. Currently, about 11,300 A320 aircraft are in operation, of which 6,440 are the main model, first introduced into service in 1987. Among the largest operators of the A320 are American carriers such as American Airlines, Delta Air Lines, JetBlue, and

29.11.2025, 15:00
Economy

In Russia, the VAT rate has been raised to 22% - the law has been signed

The law signed by Russian President Vladimir Putin increases the value-added tax (VAT) rate from 20% to 22%. These changes will take effect on January 1, 2026, as reported by "Meduza". At the same time, the reduced rate of 10% on essential goods (including food, medicines, and children's products) will remain unchanged. However, the law also includes measures to gradually lower the revenue threshold for small businesses that will have to pay VAT:

29.11.2025, 12:17
Economy

In the Kyrgyz Republic, the use of navigation seals in freight transportation begins on December 1st.

Starting December 1, a pilot project will be launched in Kyrgyzstan, which involves the use of navigation seals for road freight transport between Kyrgyzstan and Kazakhstan, according to information from the Customs Service. The innovation will be implemented on a voluntary basis and free of charge. Seals will be applied during the transportation of goods through the checkpoints "Ak-Tilek - Road" and "Karasu" in the following directions:

29.11.2025, 10:56
Mechanization of Agriculture Reduces Costs and Increases Competition
Economy

Mechanization of Agriculture Reduces Costs and Increases Competition

At the opening ceremony of the Machine and Tractor Station (MTS) in the Ak-Suu district of the Issyk-Kul region, the Minister of Agriculture, Water Resources, and Processing Industry of the Kyrgyz Republic, Bakyt Torobaev, emphasized that mechanization is an important aspect of the development of the agricultural sector.

29.11.2025, 09:57
A forum on water supply and sanitation is taking place in Bishkek
Economy

A forum on water supply and sanitation is taking place in Bishkek

In Bishkek, one of the most significant events in the industry took place – the Water Supply and Sanitation Forum 2025, dedicated to the theme "Sustainable and Innovative Services." The event brought together representatives from the government, local authorities, water utilities, international organizations, and experts, as reported by the press service of the Ministry of Agriculture of Kyrgyzstan. The forum served as a platform for discussing necessary systemic reforms and

29.11.2025, 09:44
Torobaev: "The Future of the Agro-Sector is Built on Fields and Digital Technologies"
Economy

Torobaev: "The Future of the Agro-Sector is Built on Fields and Digital Technologies"

During the opening of the Agro-Hackathon, Bakyt Torobayev, who holds the position of Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, announced important achievements and plans for the digitalization of the agricultural sector in Kyrgyzstan. He noted that the agro-industrial complex plays a key role in providing employment for one-third of the country's population. According to him, the effectiveness of this sector largely

29.11.2025, 09:25
Economy

Prices are Rising. Kaktus.media Readers on What Has Increased the Most in the Country

According to official data, prices for food products continue to rise in Kyrgyzstan. In particular, sunflower oil has noticeably increased in price, and citizens are also expressing dissatisfaction with the sharp rise in the cost of chocolate. Which products are causing the most discontent among the population? What has increased in price first?The editorial team conducted a survey on Instagram Stories to find out which products, according to users, have become the most expensive recently.

29.11.2025, 08:26
Now is a favorable time for strategic investments in the Kyrgyz Republic - Sabirov
Economy

Now is a favorable time for strategic investments in the Kyrgyz Republic - Sabirov

At the Kyrgyz-German Business Forum held in Berlin, the Director of the National Investment Agency, Ravshanbek Sabirov, emphasized that Kyrgyzstan is in a favorable position for strategic investments. According to the agency's press service, the republic is actively strengthening its position as a reliable and promising partner on the international stage.

28.11.2025, 22:03
Pilot implementation of navigation seals for the transportation of goods between the Kyrgyz Republic and the Republic of Kazakhstan is launched.
Economy / Exclusive

Pilot implementation of navigation seals for the transportation of goods between the Kyrgyz Republic and the Republic of Kazakhstan is launched.

A pilot project is being launched in the Kyrgyz Republic related to the use of navigation seals for road transport carrying goods between Kyrgyzstan and Kazakhstan. The State Tax Service of the Kyrgyz Republic is initiating this project starting from December 1, 2025, and it will last until January 15, 2026. Participation in the project will be voluntary and free for all types of goods. Navigation seals will be used for cargo traveling:

28.11.2025, 18:07
Economy

Deputy Head of the Ministry of Construction: It is possible to build even higher than 40 floors. The maximum level is 50-55 floors.

In an interview with the agency "Kabar," the Deputy Minister of Construction, Architecture, and Housing and Communal Services, Imanakun uulu Talantbek, shared news about the construction of the first 40-story residential building in Kyrgyzstan. He reminded that previously the height of buildings constructed by private companies did not exceed 27 stories. One such building is located on Aitmatov Avenue. However, the government has now decided to change its approach to construction

28.11.2025, 17:54
The head of the cabinet had breakfast with Bundestag deputies and discussed cooperation
Economy

The head of the cabinet had breakfast with Bundestag deputies and discussed cooperation

Photo of the cabinet. Breakfast with Bundestag deputies At a working breakfast held in Bishkek, the head of the Cabinet of Ministers of the Kyrgyz Republic, Adylbek Kasymaliev, met with Bundestag deputies representing the Friendship Group "Germany - Central Asia." The press service of the cabinet reported on the significance of this event for strengthening Kyrgyz-German ties. Kasymaliev emphasized that Kyrgyzstan views Germany as one of its main partners in the European Union and

28.11.2025, 15:39
Electricity Generation Has Started at the Waste Incineration Plant in Bishkek
Economy

Electricity Generation Has Started at the Waste Incineration Plant in Bishkek

A new waste incineration plant has been completed in Bishkek and has already begun operations. According to Daiyrbek Orunbekov, head of the information service of the presidential administration, this facility is already connected to the power grid and generates about 3.5 MW of electricity, with the potential to increase capacity to 18 MW by the end of the day, and eventually up to 30 MW.

28.11.2025, 13:08
Economy

Putin was asked about the trucks piled up at the Kazakhstan-Russia border

During a conversation with Russian journalists, Putin touched upon the issue of the large number of trucks waiting to cross the border with Kazakhstan. This was reported by "Kommersant". "Indeed, such a situation exists. The reason for this is that, at my initiative, the Customs Committee began conducting selective checks on the roads. In the process, it became clear that many of the trucks in question are crossing the border without the necessary documents," the president

28.11.2025, 12:43
90 Tons of Fish Dead: Businessman's Complaint and Police Comment
Economy

90 Tons of Fish Dead: Businessman's Complaint and Police Comment

Entrepreneur V. Kim contacted the editorial office of Kaktus.media with a complaint about the inaction of law enforcement agencies, which, according to him, are dragging out the investigation of the criminal case he initiated after appealing to the prosecutor's office. alt="90 tons of fish died: businessman's complaint and police reaction" /> On the night of August 11 to 12, 2025, over 90 tons of fish died in this water body, causing significant financial damage to the

28.11.2025, 12:14
Exchange rates in commercial banks of Kyrgyzstan on November 28
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 28

Information about currency exchange rates has been collected from the websites of various commercial banks. If you have any questions regarding the specified data, it is recommended to contact the banks directly. The data is current as of the time of publication. Please note that the rates are indicated for cash currency exchange and may change throughout the day.

28.11.2025, 11:57
Kyrgyzstan presented digital solutions in the field of trade at the forum in Tashkent
Economy / Exclusive

Kyrgyzstan presented digital solutions in the field of trade at the forum in Tashkent

On November 26, 2025, the Third Economic Forum "European Union - Central Asia" took place in Tashkent. The event gathered representatives from governments, businesses, and international organizations to discuss key areas of economic cooperation between the countries of the region and the EU. According to the Ministry of Economy of the Kyrgyz Republic, the delegation was headed by Deputy Prime Minister Bakyt Torobaev. In his address, he emphasized the importance of developing

28.11.2025, 11:26
Economy / Exclusive

In 1000 villages of Kyrgyzstan, solar power plants will be built, - head of the State Committee for National Security

In Kyrgyzstan, the construction of solar power plants is planned in 1000 villages Turmush — Kamchybek Tashiev, the chairman of the State National Security Committee and deputy chairman of the Cabinet of Ministers, announced the intention to install solar power plants with a capacity of 1 megawatt in 1000 villages of Kyrgyzstan during a meeting with residents of the Kemin district. Tashiev noted that there is a significant shortage of electricity in the country, which has resulted from increased

28.11.2025, 10:51
Economy / Exclusive

The first layer of asphalt has been laid on the Lebedinovka-GES-5 highway.

On the Lebedinovka-GES-5 highway, which is 4.4 km long, the first layer of asphalt has been laid. According to information received from the press service of the Ministry of Transport and Communications, the category of the road has been changed during the reconstruction, and the number of lanes has been increased from two to four. As part of the project, work on the construction of sidewalks, installation of lighting, and repair of significant bridge structures is also actively ongoing.

28.11.2025, 10:50
Passenger traffic between Russia and Kyrgyzstan has increased by 50 percent - Overchuk
Economy

Passenger traffic between Russia and Kyrgyzstan has increased by 50 percent - Overchuk

In the first nine months of 2025, passenger traffic between Russia and Kyrgyzstan increased by 50%. This was reported by the Deputy Prime Minister of the Russian Federation, Alexey Overchuk, at a press conference in Bishkek, also noting the growth of cargo traffic. Photo from the archive. Deputy Prime Minister of the Russian Federation Alexey Overchuk and President of Kyrgyzstan Sadyr Japarov

28.11.2025, 10:48
Economy / Exclusive

Construction of the paid bypass road Bishkek—Kemin has begun for 65 million dollars, - Tashiev

The Deputy Prime Minister and the Chief of the State National Security Committee, Kamchybek Tashiev, announced the start of construction of a bypass road connecting Bishkek and Kemin during a meeting with local residents. The total cost of this project is 65 million dollars. "Recently, residents have been increasingly complaining about traffic jams in the city, especially when leaving Kant and entering Bishkek. Currently, we are working on the construction of the Kemin—Bishkek bypass road.

28.11.2025, 10:06
The catfish has fallen in price against all major currencies except the dollar. Exchange rate as of November 28.
Economy

The catfish has fallen in price against all major currencies except the dollar. Exchange rate as of November 28.

Image from the internet. The Russian ruble is starting to rise again, compensating for its recent decline According to the National Bank of Kyrgyzstan and exchange points in Bishkek, as of November 28, the exchange rates for the euro, Russian ruble, Kazakh tenge, and Chinese yuan have shown an increase, while the dollar has remained at the same level. US Dollar:

28.11.2025, 09:03
Economy

The President of Russia stated that "black imports" are the reason for the queues of trucks at the border.

Vladimir Putin, the President of the Russian Federation, commented on a pressing issue: the long queues of trucks at the border with Kazakhstan. He noted that selective inspections had been conducted, which revealed that many vehicles were crossing the border without the necessary documents, according to media reports. “We have a common market, but every truck must have the appropriate set of documents. It is essential to understand where the goods are located and who is responsible for paying

28.11.2025, 08:56
Economy

The head of the GKNB compared the work of "Kumtor" before Sadyr Japarov and after his election as president.

At a meeting with the residents of Kemin, Kamchybek Tashiev noted that over 30 years of operation, "Kumtor" contributed $100 million to the state budget, and during the period of external management from 2021 to 2025, this amount increased to $1 billion. Tashiev expressed bewilderment regarding the extent of damage caused to the state. "Canadian investors managed the gold extraction, carried out its export themselves, providing inaccurate data on the volumes produced, which our

27.11.2025, 20:49
Economy / Exclusive

Over 400 km of roads in the Osh region have been paved with new asphalt

From January to November 2025, the construction of over 400 kilometers of asphalt roads was completed and put into operation in the Osh region. According to information provided by the presidential representative in the Osh region, Elchibek Jantaev, 144 kilometers of roads were built in 2024. In the current year, as of 11 months, this figure has significantly increased and exceeded 400 kilometers. Additional road works are planned to be completed by the end of the year.

27.11.2025, 18:16
Economy

Despite the shortage, electricity production is growing in Kyrgyzstan

According to data provided by the National Statistical Committee, from January to October 2023, the country produced 10.5% more electricity compared to the same period last year. In total, 12 billion 225.4 million kWh were generated over the 10 months, while in 2022 this figure was 11 billion 55.4 million kWh. In September, Energy Minister Talaybek Ibraev noted that the upcoming winter would be the most challenging for Kyrgyzstan. Since then, the country has begun to actively implement measures

27.11.2025, 16:09
Economy

The profit of Kyrgyzstan's financial sector has nearly doubled

According to the data from the Financial and Price Statistics Department of the National Statistics Committee, the profit of financial institutions in Kyrgyzstan nearly doubled from January to September 2025 compared to the same period in 2024. During the nine months of 2025, the total profit of the sector exceeded 64 billion soms. The main driver of this growth was the National Bank: about 61% of organizations demonstrated profitability, while around 15% incurred losses.

27.11.2025, 16:00
Economy

Tashiev spoke about two deposits with resources worth $10 billion. And recalled Atambaev

Tashiev noted that the Dolpran deposit in the Kemin district has immense value; however, the licenses for its development were transferred free of charge. According to him, one of the companies sold these licenses for $32 million, but the state received not a penny, while the declared value of the resources is about $10 billion. He expressed dissatisfaction that, despite the high revenues from the deposits, the state has no share, and emphasized that taxes are a legal obligation. "It is

27.11.2025, 15:22
The Death of Fish in the Issyk-Ata District. Businessman Complains About Law Enforcement Inaction
Economy

The Death of Fish in the Issyk-Ata District. Businessman Complains About Law Enforcement Inaction

Entrepreneur V. Kim contacted the editorial office of Kaktus.media with a complaint about the inaction of law enforcement agencies and the delay in the criminal case he reported to the prosecutor's office. alt="Mass fish death in the Issyk-Ata district: the businessman is dissatisfied with the work of law enforcement agencies" /> According to him, as a result of the incident, he incurred significant losses, which, according to preliminary estimates, exceed 20 million soms. The

27.11.2025, 14:59
Economy

For every 100 working-age people in Central Asia, there are about 60 dependents.

Demographic changes in Central Asia play a key role in shaping the economic and social future of the region. According to the report "Generation-2050 in Central Asia," developed with the support of UNICEF, over 50% of the population in the five countries—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—are under 30 years old. This information was provided by the UN News Service. It is noted that having a young population presents a unique opportunity for obtaining a

27.11.2025, 14:13
GSAI: Kyrgyzstan Updates Its Audit System and Approaches IAASB Standards
Economy

GSAI: Kyrgyzstan Updates Its Audit System and Approaches IAASB Standards

At the event held in the capital, representatives of the Accounts Chamber of Kyrgyzstan, the Polish Supreme Audit Office, the INTOSAI Development Initiative (IDI), the European Union delegation, and other international partners noted the achievements of the GSAI project, which supports the reform of state audit in the country.

27.11.2025, 14:06
Economy

Kyrgyzstan Remains a Leader in the EAEU in Terms of Growth in Housing Commissioning

According to the report by the Eurasian Economic Commission, from January to September, 94 million 738.5 thousand square meters of housing were commissioned in the EAEU countries. While there is an overall decline of 3.1% in this indicator across the EAEU compared to the same period last year, significant growth was noted in Armenia and Kyrgyzstan: in Armenia, it amounted to 84.9%, and in Kyrgyzstan - 34.3%. Belarus and Kazakhstan demonstrated more modest growth rates of 9% and 3.6%,

27.11.2025, 13:45
Chinese companies will build three waste incineration plants in Kazakhstan
Economy

Chinese companies will build three waste incineration plants in Kazakhstan

Kazakhstan and Chinese investors have signed an agreement under which three waste incineration plants will be built in Astana, Almaty, and Shymkent. Acting Minister of Ecology and Natural Resources Zhomart Aliyev announced an investment volume of 293 billion tenge and a construction period of two years at a government meeting on Tuesday.

27.11.2025, 12:28
Economy

The National Bank held two auctions for the placement of short-term securities.

The National Bank of Kyrgyzstan recently held two auctions, during which short-term securities known as notes were successfully placed. The volume of these placements was twice the usual figures for the current year, as stated in the official announcement from the regulator. The regulator noted that the placement of short-term bonds is an important tool for managing the money market.

27.11.2025, 11:38
Exchange rates in commercial banks of Kyrgyzstan on November 27
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 27

Information about currency exchange rates has been collected from the official websites of commercial banks. If you have any questions, it is advisable to contact the banks directly for clarification of the provided data. The data is current as of the time of publication. The indicated rates pertain to cash currency exchange and may change throughout the day. The official rates of the National Bank of the Kyrgyz Republic, as well as the rates at exchange offices in Bishkek, are available here.

27.11.2025, 11:34
Economy

Products in the Stratosphere? Kaktus.media Readers on What Has Increased in Price the Most in the Country

In Kyrgyzstan, there is a rise in food prices. According to official information, sunflower oil has significantly increased in price in recent months, and citizens are actively complaining about the sharp jump in the cost of chocolate. Which products are causing the most dissatisfaction among the population? Everything is getting more expensive? The editorial team conducted a survey on Instagram Stories, asking the question: "Which products do you think have increased the most in price

27.11.2025, 10:21