Will tourists continue to visit Kyrgyzstan? The Government of the Republic of Kyrgyzstan has proposed to introduce a new tax for tourists. This decision is justified by the significant number of visitors and the need to finance the development of tourist infrastructure.
According to the latest data from the National Statistical Committee, from January to September of this year, the volume of industrial production in Kyrgyzstan amounted to 511.4 billion soms in value terms. In the first half of the year, growth was also observed in other sectors: the volumes of electricity, gas, steam, and air conditioning supplies increased by 33.4%, while water supply, waste treatment and processing, as well as the collection of secondary raw materials grew by 23.5%. The
Photo 24.kg The press conference held in the new building of the National Bank of Kyrgyzstan served as a platform where representatives of the main financial regulator explained why the decision was made to raise the discount rate to 10 percent and presented their economic forecasts for the coming months. Deputy Chairman of the National Bank Azat Kozubekov emphasized that this decision was driven by external economic factors contributing to increased inflationary pressure in the domestic
The "Kyrgyz Export" Center recently held a meeting with representatives of the Tajik Agency for Export in the Sughd region and the branch of the state unitary enterprise "Tajpromexport." The main goal of this meeting was to discuss issues related to mutual trade and increasing the volume of exports of products from Kyrgyzstan to Tajikistan. During the negotiations, emphasis was placed on the supply of meat products, as well as light industry goods and agricultural products.
The area of the power plant will exceed 669 hectares At the international forum in Suzhou, China, the Ministry of Energy of Kyrgyzstan signed several agreements with Chinese companies for the development of renewable energy and attracting investments in this sector. This was reported by the ministry's press service.
As part of the implementation of the project "30+20+10", specialists from the Department of Chemicalization, Plant Protection, and Quarantine of the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan held a field meeting with local farmers. During the discussion, important aspects concerning the development of tobacco farming were raised, such as soil quality, selection of popular tobacco varieties, export opportunities, and the introduction of modern
According to information provided by the Ministry of Finance, from January to September of the current year, revenues from personal income tax on resident individuals amounted to 25 billion 159.2 million soms (equivalent to $288.1 million). These revenues increased by 6 billion 586.4 million soms, or by 35.4% compared to the same period in 2024.
According to the monitoring data from the National Statistics Committee, from January 1 to October 28, the highest increase in the price of AI-95 gasoline was observed in Kerben and Toktogul, while AI-92 became more expensive in Bishkek, Batken, Tokmok, and Toktogul. Diesel fuel rose the most in Manas and the village of Semetey, located in the Manas district. Thus, a liter of AI-92 gasoline in Toktogul costs 75.6 soms, which is 18.7% higher than before. In Bishkek, the price is 76 soms
The reason was a violation of legislation and non-compliance with the directive The company "Data Group" no longer has a license to conduct virtual asset exchange, according to the decision of the Financial Market Regulation and Supervision Service.
In the Aravan district of the Osh region, there has been a significant increase in cotton yields achieved through drip irrigation. This has been made possible by the implementation of the "3+2+1" project initiated by the Ministry of Water Resources, Agriculture, and Processing Industry.
In the Kyrgyz Republic, discussions were held regarding the establishment of a factory that will specialize in the production of medications against echinococcosis and other parasitic diseases. This information was announced by the Ministry of Water Resources, Agriculture, and Processing Industry of the country. The main goal of this initiative is to reduce dependence on imported medicines. The discussion was initiated during the visit of Bakyt Torobaev, the Deputy Prime Minister and Minister
As part of the project "Development of Seed Production and Nurseries" in Kyrgyzstan, preferential loans totaling 2.85 million soms have been allocated. According to information from the Ministry of Finance, the Cabinet of Ministers' order No. 416-r dated May 26, 2025, approved this project, which aims for the sustainable development of seed production, as well as crop rotation and the renewal of agricultural crop varieties.
A meeting took place in Bishkek between Tilek Suimanov, head of Yandex Kyrgyzstan, and representatives of the media, where he discussed user safety issues and the company's collaboration with city authorities to improve the transportation environment.
At the international forum taking place in Suzhou, the Ministry of Energy of the Kyrgyz Republic signed an investment agreement with Chinese companies for the construction of a solar power plant with a capacity of 250 megawatts. This information was announced by the press service of the Ministry of Energy. The document was signed by the Minister of Energy of the Kyrgyz Republic, Taalaibek Ibraev, the president of States Technology Co., Limited, Liu Fernando Oscar, and the general director of
At the international forum taking place in Suzhou, China, the Ministry of Energy of Kyrgyzstan signed several agreements with Chinese companies for the development of renewable energy and attracting investments. This was reported in a press release from the Ministry of Energy. Photo from the press service of the Ministry of Energy of the Kyrgyz Republic. Photo from the press service of the Ministry of Energy of the Kyrgyz Republic. Photo from the press service of the Ministry of Energy of the
As of October 1, 2025, Kyrgyzstan's international reserves reached over 7.5 billion US dollars, which is an increase of 48.5% compared to the end of September of the same year. The Deputy Chairman of the National Bank, Azat Kozubekov, shared this information at a press conference in Bishkek. He noted that the increase in reserves serves as an important indicator of the stability of the financial system and the economy of the country.
In 2026, Kyrgyzstan plans to obtain a quota for the duty-free import of 15,000 electric vehicles. This initiative has been presented for public discussion on the platform of the Eurasian Economic Commission, which is a supranational body for the EAEU countries.
Since the beginning of 2025, there has been a significant increase in the prices of fuel and lubricants in Kyrgyzstan. The Deputy Chairman of the National Bank, Azat Kozubekov, shared this information at a press conference held in Bishkek. According to Kozubekov, since the beginning of the year, gasoline prices have risen by 12.6%, while diesel fuel has become 8.4% more expensive.
The State Tax Service of the Kyrgyz Republic has announced a significant expansion of the list of non-profit organizations that are now required to submit consolidated reports on their income and expenses to the tax authorities. This was reported by the press service of the STS. According to the recently adopted law "On Amendments to Certain Legislative Acts of the Kyrgyz Republic Regarding the Reporting of Certain Non-Profit Organizations," political parties, trade unions, religious
Apple has become the third company in world history to reach a market capitalization of $4 trillion. This is evidenced by data from the Nasdaq exchange.
The State Financial Supervision Service (Gosfinadzor) has decided to revoke the license of the company "Data Group," which operates as a virtual assets operator. The main reason for this step was the failure to comply with regulations and violations of the laws governing the circulation of virtual assets, as stated in the official press release of the agency. During the conducted inspection, it was revealed that the specialized platform provided by the company is not operational,
On October 28, President Sadyr Japarov attended the opening of the new building of the National Bank in Bishkek. During a tour of the facility, he asked the Chairman of the National Bank, Melis Turgunbaev, about the sale of gold bars and the current state of affairs.
As part of the initiative "Emergency Support for Micro, Small, and Medium Enterprises," interest-free loans totaling 9 billion 435 million 925 thousand soms have been issued. This was reported on "Birinchi Radio" by Bermet Musakozhoeva, the director of the credit line management department of the Ministry of Finance of Kyrgyzstan. As of October 1, 2025, since the start of the project, financial support has been provided to 11,821 entrepreneurs.
Kazakhstan has completed the use of the quota for duty-free import of electric vehicles established by the Eurasian Economic Union (EAEU). This has resulted in many cars being stuck at the border, with owners unable to retrieve their vehicles. This situation raises doubts about the sustainable development of the electric vehicle market in the country and undermines the course towards a "green" economy, reports Arbat Media.
The National Bank of Kyrgyzstan has proposed amendments to a number of legislative acts related to pricing and antimonopoly control. The draft document is currently available for public discussion. The main objective of these changes is to create a competitive, transparent, and innovative environment in the banking and payment services sector in the country.
The second international exhibition dedicated to logistics, transport, and warehouse equipment, called KyrgyzTransLogistic 2025, has kicked off in Bishkek. This year, the event has gathered over 45 participants from six countries: Kyrgyzstan, Kazakhstan, China, Russia, Uzbekistan, and the Republic of Korea.
During the international forum held in Suzhou, an investment agreement was signed between the Ministry of Energy of the Kyrgyz Republic and Chinese companies regarding the construction of a solar power plant with a capacity of 250 MW. This information was provided by the press service of the Ministry of Energy. The document was signed by the Minister of Energy of the Kyrgyz Republic, Talaybek Ibraev, the president of States Technology Co., Limited, Liu Fernando Oscar, and the general director
The National Statistical Committee reported a significant increase in the production of tobacco products in Kyrgyzstan. According to their report, during the first nine months of 2025, the production volume reached 25 million 684.7 thousand soms at current prices. This amount of production is twice the volume recorded for the same period last year.
The Cabinet of Ministers held talks with EBRD Vice President Matteo Patrone. During the discussion organized by the press service of the Cabinet of Ministers, the parties touched upon the most important aspects of bilateral cooperation, as well as the prospects for implementing key projects in areas such as energy, infrastructure, and support for private business.
The National Sustainable Development Program of the Kyrgyz Republic, designed until 2030, is based on four key areas. This was reported by the head of the EEU Affairs Sector in the Presidential Administration, Eldar Alisherov, during the International Scientific and Practical Conference dedicated to the topic "Ways to Address Priority Tasks for Accelerated Economic Growth of the Kyrgyz Republic" on October 29. Alisherov outlined four vectors that will define the sustainable
Data on currency exchange rates from the National Bank of Kyrgyzstan as of October 29: The cost of the dollar remained unchanged at 87.45 soms, while the euro and ruble have increased in price.
The State Tax Service has updated the list of non-profit organizations that are now required to provide consolidated information about their activities. The press service reported that the new list includes funds, associations, and institutions receiving funding from abroad.
Consolidated information must be submitted to the State Tax Service no later than April 1 of each year. The State Tax Service has announced a significant expansion of the list of non-profit organizations that are required to provide consolidated data on their financial income and expenditures to the tax authorities.
The data presented in this material has been obtained from the websites of commercial banks. If you have any questions regarding the provided information, it is recommended to contact the banks directly.
In Kyrgyzstan, electronic commerce is rapidly gaining popularity, accounting for more than 14% of the country's total retail turnover. This was stated by Aibek Kurentkeyev, president of the Association of Electronic Commerce of the Kyrgyz Republic, on the air of Birinchi Radio. According to him, the volume of electronic trade in the country at the end of last year amounted to approximately 428 million dollars. This year, a growth of 15% is expected, which means at least about 525 million
The launch of new banknotes production is being prepared In Kyrgyzstan, the printing of new banknotes in denominations of 20 and 50 soms will begin. This information was announced during the opening of the new building of the National Bank of the Kyrgyz Republic in Bishkek.
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Igor Golubev, Deputy Head of the Association of International Freight Transport, proposed a new route for cargo transportation from Central Asia to Russia, which will pass through the Caspian Sea. This statement was made at a panel session of the international exhibition KyrgyzTransLogistic 2025. According to him, the route includes the transportation of goods from the port of Turkmenbashi (Turkmenistan) to the port of Astrakhan (Russia), which should significantly improve logistics in the
As reported on October 29 by Tilek Sulaymanov, the head of "Yandex Kyrgyzstan," plans are underway to create between 200 and 300 parking spots for electric scooters in Bishkek. He noted that a meeting between representatives of the city administration and scooter-sharing companies took place in mid-October. During the discussions, issues concerning the safety of individual mobility devices on sidewalks were addressed.
According to information provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek, there is an increase in the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan, while the dollar remains at the same level. US Dollar:
Kubanychbek Isabekov, Deputy Chairman of the State Tax Service under the Government of the Kyrgyz Republic, held a meeting with business representatives to discuss important aspects of goods export. The event was organized to support exporters and those engaged in re-export within the framework of the Eurasian Economic Union (EAEU). During the meeting, participants were given recommendations on issues related to crossing borders, preparing accompanying documents, obtaining certificates of
The morning exchange rates at the Moscow City Council on October 29 are presented below:
Starting from November 17, Kyrgyzstan will begin printing banknotes in denominations of 20 and 50 soms. This announcement was made during the opening of the new building of the National Bank of the Kyrgyz Republic, an event attended by President Sadyr Japarov, which took place on October 28. The president's press secretary, Askat Alagozov, posted a video on Facebook where Japarov clarifies when exactly Kyrgyzstan will start printing its own banknotes.
The Minister of Finance Almaz Baketaev and Matteo Patrone, Vice President of the European Bank for Reconstruction and Development, signed a memorandum of understanding. This document will serve as the basis for preparing a framework agreement aimed at supporting priority projects in areas such as municipal infrastructure, irrigation, and transportation. The total amount of investments under the agreement is up to 400 million euros, according to information from the ministry's press
Kyrgyzstan sets an ambitious goal — to double the volume of agro-export by 2030. This was announced by Rustam Baltabaev, acting director of the Association for the Development of the Agro-Industrial Complex of the republic, during a panel session at the international exhibition KyrgyzTransLogistic 2025. He noted that in accordance with the presidential decree signed last year, more than 35 areas have been identified concerning the support of exports, processing of agricultural products, and
“These tools create a fair and effective tax system” The State Tax Service of the Kyrgyz Republic has provided information on cases when taxpayers are required to use electronic waybills (ETTN), electronic invoices (ESF), and cash register machines (KKM).
In Kyrgyzstan, the printing of new banknotes in denominations of 20 and 50 soms will begin on November 17. This information was announced at the opening ceremony of the new building of the National Bank of Kyrgyzstan, where President Sadyr Japarov was present. The president's press secretary, Askat Alagozov, posted a video in which Japarov clarifies whether there are plans to start independent printing of banknotes in the country by the end of the year.
In Talas, local authorities, together with the antimonopoly service, held meetings with entrepreneurs engaged in coal sales, reports Turmush correspondent. The antimonopoly service reminded that selling coal at prices exceeding the maximum allowable is a violation.