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

EBRD plans to allocate up to €400 million to social projects. Memorandum signed

The Vice President of the European Bank for Reconstruction and Development (EBRD) Matteo Patrone and the Minister of Finance of Kyrgyzstan Almaz Baketaev signed a memorandum that paves the way for the preparation of a framework agreement. This agreement will focus on supporting key projects in the areas of irrigation, transport, and municipal infrastructure with a total financing volume of up to 400 million euros, according to information from the Ministry of Finance's press service. This

28.10.2025, 17:39
Economy

Payments to Kyrgyzstan from EAEU countries for duties continue to decline

From January to September of this year, Kyrgyzstan received 16 billion 685.1 million soms in import customs duties from EAEU countries, according to the Ministry of Finance. Compared to the same period last year, revenues from EAEU countries decreased by 968 million 818.8 thousand soms, which is a decline of 5.4%.

28.10.2025, 17:32
In the National Bank of Kyrgyzstan's storage, there are about 55 tons of gold.
Economy / Exclusive

In the National Bank of Kyrgyzstan's storage, there are about 55 tons of gold.

Currently, the storage of the National Bank of the Kyrgyz Republic holds about 55 tons of gold, as reported by the Deputy Chairman of the NBKR, Melis Attokurov, at the opening of the bank's new building. President Sadyr Japarov noted in his speech that the new building has become the largest storage facility in the country, meeting international standards. According to him, the previous storage conditions were not optimal, and often gold had to be stored in foreign banks. Now that the

28.10.2025, 17:24
Economy

Tobacco Production is Growing in Kyrgyzstan

According to the data from the National Statistical Committee, from January to September of this year, tobacco products worth 25 million 684.7 thousand soms were produced in Kyrgyzstan, which is equivalent to 0.3 million US dollars. This figure is twice the production volume for the same period last year.

28.10.2025, 17:15
Economy

Salaries in Education Are Growing Slower Than in Other Sectors

According to the latest data from the National Statistics Committee, the average nominal salary in Kyrgyzstan from January to August 2025 was 42,648 soms, which corresponds to a growth of 19.6% compared to the previous year. The highest salary growth is observed in sectors such as real estate operations, where the increase was 38.9% (up to 41,953 soms), construction with a growth of 36.8% (up to 52,132 soms), and administrative activities with an increase of 30% (up to 41,429 soms).

28.10.2025, 16:53
Economy

The revenues of the republican budget have sharply increased

According to information provided by the Ministry of Finance, from January to September of the current year, the revenues of the republican budget of Kyrgyzstan increased by 41.2% compared to the same period last year. Last year, during the same period, budget revenues amounted to 304 billion 316.3 million soms, while this year they reached 429 billion 742.5 million soms.

28.10.2025, 16:42
Economy

Kyrgyzstan sharply increased honey exports to one country

From January to August of this year, Kyrgyzstan increased its honey exports to China by 93.1% compared to the same period last year, according to data published by the National Statistics Committee. During these months, 73 tons of honey were shipped to China, while in the same period last year, this figure was 37.8 tons. The export value also increased, reaching 19.3 million soms.

28.10.2025, 15:53
Economy

Kyrgyzstan Achieved Concrete Results in the Field of Logistics - Minister of the EEC

At the online event dedicated to the opening of the second international exhibition of logistics, transport, and warehouse equipment KyrgyzTransLogistic 2025, the Minister of Energy and Infrastructure of the Eurasian Economic Commission, Arzybek Kozhoshev, reported significant progress in Kyrgyzstan's logistics sector. He emphasized the importance of such events for establishing cooperation between government structures, businesses, and international partners, as well as for technology

28.10.2025, 15:24
Development of Renewable Energy Sources in Kyrgyzstan: Proposed to Increase Project Capacity to 50 MW
Economy / Exclusive

Development of Renewable Energy Sources in Kyrgyzstan: Proposed to Increase Project Capacity to 50 MW

The Ministry of Energy of the Kyrgyz Republic has presented a draft law concerning amendments to the existing law "On Electric Power Industry," which has been put forward for public discussion. According to the explanatory note, this initiative aims to create more favorable conditions for the development of renewable energy sources (RES) and attract investments in this sector.

28.10.2025, 14:30
In the National Bank of Kyrgyzstan's storage, there are over 55 tons of gold
Economy / Exclusive

In the National Bank of Kyrgyzstan's storage, there are over 55 tons of gold

During the opening ceremony of the new building of the National Bank of the Kyrgyz Republic, the Deputy Chairman of the NBKR, Melis Attokurov, announced that the storage holds over 55 tons of gold. Sadyr Japarov, the president of the country, noted in his speech that the new bank building has become the largest storage facility in the country, meeting international standards.

28.10.2025, 14:24
Economy

The Minister of Energy urges café owners to save on outdoor lighting

The Minister of Energy, Talaybek Ibraev, appealed to café owners to save electricity, especially regarding outdoor lighting. This statement was made on the air of "Birinchi Radio." He emphasized the need for more rational electricity consumption and noted that many establishments continue to use outdoor lighting even during daylight hours.

28.10.2025, 14:16
The total revenue of residents of the Creative Industries Park for 2025 amounted to 516 million soms.
Economy / Exclusive

The total revenue of residents of the Creative Industries Park for 2025 amounted to 516 million soms.

At a press conference at the "Kabar" agency, the director of the Creative Industries Park, Kanyshai Mamytoova, announced that in 2025, the total revenue of the residents amounted to 516 million soms. She specified that the residents of the Park benefit significantly from a special tax regime. Instead of standard profit and VAT taxes, they pay a revenue tax annually. In 2023 and 2024, this tax was 0.5%, in 2025-2026 it will increase to 1%, and in 2027 it will be 2%.

28.10.2025, 14:00
Businessmen from Kyrgyzstan and China Discussed Counteracting Risks in Investment
Economy

Businessmen from Kyrgyzstan and China Discussed Counteracting Risks in Investment

Themed seminar titled "Legal Environment and Risk Mitigation in Investing in Central Asia" was held in Bishkek. The event was attended by the President of the Chamber of Commerce and Industry of Kyrgyzstan, Temir Sariev, as well as representatives of the business communities from both countries and experts in international arbitration, the press service of the institution reports. The main discussion topics included:

28.10.2025, 13:56
Economy

The main oil-producing region of Russia is experiencing a fuel crisis

The Khanty-Mansi Autonomous Okrug (KMAO) is a key region of Russia in the field of oil and gas extraction; however, it is currently facing a serious fuel crisis, as reported by local media. According to data from muksun.fm, gasoline prices in the region are rising at a rate that outpaces inflation. Gas stations are reporting delays in fuel deliveries and restrictions on its dispensing. The stabilization of prices at the end of summer turned out to be only temporary before the upcoming problems,

28.10.2025, 13:45
Today, the som is one of the most stable currencies in Central Asia – Sadyr Japarov
Economy / Exclusive

Today, the som is one of the most stable currencies in Central Asia – Sadyr Japarov

During the opening of the new building of the National Bank in Bishkek, the President of Kyrgyzstan, Sadyr Japarov, noted that the som today ranks as one of the most stable currencies in Central Asia. The head of state recalled that May 10, 1993, was a significant day when the national currency, the som, was introduced into circulation. This event laid the foundation for the economic independence of the country and became a source of pride for the Kyrgyz people.

28.10.2025, 13:38
Economy

GNS Employees Exchanged Experience with Swiss Company SICPA

The State Tax Service of Kyrgyzstan is exploring the implementation of SICPA technologies Led by Deputy Chairman Bakyt Jienbekov, a delegation from the State Tax Service of the Kyrgyz Republic conducted a familiarization trip to the Swiss company SICPA, which is part of efforts to develop cooperation and experience exchange.

28.10.2025, 13:28
A branded classroom of the Eurasian Development Bank has opened at KRSU
Economy

A branded classroom of the Eurasian Development Bank has opened at KRSU

The opening of the auditorium became part of the technical assistance project of the Eurasian Development Bank (EDB), aimed at developing the institutional environment for public-private partnerships (PPP) in Kyrgyzstan. The main task of this project is to enhance the qualifications and training of specialists equipped with modern methods of investment analysis and project management in the field of PPP. The new space is equipped with modern multimedia equipment and decorated in the corporate

28.10.2025, 13:21
Economy

The National Bank of the Kyrgyz Republic has raised the discount rate to 10 percent

On October 27, 2025, the National Bank of the Kyrgyz Republic announced an increase in the key interest rate by 75 basis points, bringing it to a new level of 10.00 percent. This change will take effect on October 28. According to the regulator's data, the inflation rate since the beginning of the current year has reached 6.2 percent, and on an annual basis — 8.4 percent. At the same time, there is a shift in inflationary pressure from food products to non-food items and services.

28.10.2025, 13:03
Russia has delivered 121 tons of vegetable oil to southern Kyrgyzstan
Economy

Russia has delivered 121 tons of vegetable oil to southern Kyrgyzstan

At the ceremony for the transfer of 121,440 tons of sunflower oil, the acting head of the Russian Consulate General in Osh, Valery Katunkin, and the third secretary of this representation, Anastasia Yegereva, were present. This information was provided by the press service of the embassy.

28.10.2025, 13:01
Financial Record: The Central Bank Accumulates $7.5 Billion in Reserves
Economy

Financial Record: The Central Bank Accumulates $7.5 Billion in Reserves

The official opening of the new building of the National Bank of the Kyrgyz Republic took place in Bishkek, attended by President Sadyr Japarov. According to information provided by the National Bank, record results have been achieved this year. The volume of international reserves increased by 48.4%, which corresponds to a growth of $2 billion 462.5 million, reaching $7 billion 550.6 million. This is a historical maximum for the country and, as noted by bank representatives, significantly

28.10.2025, 12:44
Economy

In Kyrgyzstan, the production of mandarins, oranges, and lemons has increased

In Kyrgyzstan, there is an increase in the production of citrus fruits such as mandarins, oranges, lemons, and kumquats, according to information from the press service of the Ministry of Water Management and Agriculture. In 2023, 3,929 tons of fruits were harvested from an area of 801 hectares, while in 2024 this figure rose to 4,839 tons from 1,058 hectares, as stated in the report.

28.10.2025, 12:02
Tender announced for the construction of the power transmission line "Tamga - Karakol" – Ibraev
Economy / Exclusive

Tender announced for the construction of the power transmission line "Tamga - Karakol" – Ibraev

A tender for the construction of the power transmission line "Tamga - Karakol," which will have a capacity of 220 kW, will be launched soon. This was announced by the Minister of Energy Talaybek Ibraev on the air of Birinchi Radio. Ibraev noted that funding has already been secured — an agreement has been signed with the Islamic Bank, and consultants are currently working on preparing the necessary materials.

28.10.2025, 12:01
EADB to Provide Assistance in the PPP Project for Sustainable Waste Management
Economy

EADB to Provide Assistance in the PPP Project for Sustainable Waste Management

The goal of this project is to transition to a circular economy and improve waste management systems in the Kyrgyz Republic. As part of the technical support, the EDB plans to finance the analysis of waste volumes and compositions, research on the secondary raw materials market, as well as the development of technical and economic indicators for infrastructure, financial and legal models, and the assessment of the social and environmental aspects of the project. These materials will serve as

28.10.2025, 11:56
The National Bank of Kyrgyzstan has raised the discount rate to 10%
Economy / Exclusive

The National Bank of Kyrgyzstan has raised the discount rate to 10%

On October 27, 2025, the Board of the National Bank of Kyrgyzstan decided to increase the key interest rate by 75 basis points, raising it to 10%. This change will take effect on October 28, 2025. According to information from the regulator, the inflation rate in the country at the beginning of 2025 reached 6.2%, and on a year-on-year basis, it was 8.4%. The structure of consumer prices shows a shift in inflationary pressure from food products to non-food items, which is related to changes in

28.10.2025, 11:48
Economy

The National Bank of Kyrgyzstan has raised the discount rate

The decision to raise the key interest rate by 75 basis points to 10% was made by the Board of the National Bank of Kyrgyzstan on October 27 and took effect on October 28. The increase in the rate is explained by an analysis of both external and internal factors affecting inflation, as well as forecasts of monetary policy.

28.10.2025, 11:44
Economy

Who Should Use KKM, ETTN, and ESF. Clarification from the GNS

The State Tax Service has provided clarifications on the use of the electronic waybill (EWT), electronic invoice (EI), and cash register (CR). The relevant information was published by the press service of the STS. EWTTaxpayers in Kyrgyzstan engaged in the sale of oil and petroleum products, alcoholic beverages, and tobacco products are required to use the EWT. Starting in 2027, this requirement will also apply to pharmaceuticals and medical devices, regardless of the chosen tax system.

28.10.2025, 11:39
In Kyrgyzstan, the Number of Women Entrepreneurs in the E-commerce Sector is Growing
Economy / Exclusive

In Kyrgyzstan, the Number of Women Entrepreneurs in the E-commerce Sector is Growing

There is a noticeable increase in the number of women engaged in e-commerce in Kyrgyzstan. This was reported by Nargiza Mendekeeva, the director of development at Women in Tech Kyrgyzstan, during a training session for WIFI DX mentors aimed at women entrepreneurs. She noted that the training program covers important aspects of the digital sphere, including cybersecurity, social media management, and the use of online platforms for promoting goods and services.

28.10.2025, 11:34
Economy

Over 9 hectares of land in the military unit area have been transferred to Karakol

Karakol has received over 9 hectares of land located on the territory of a military unit. This decision was made by the order of Prime Minister Adylbek Kasymaliev. As stated in the official document, the transfer of state property to the municipal ownership of the city has been approved. The land plot, with an area of 24.7 hectares, was previously under the balance of the Ministry of Defense and is located on the territory of military unit No. 92784. This step is aimed at meeting the

28.10.2025, 11:26
Economy

"Lukoil Announces Sale of Its Foreign Assets Due to Sanctions Imposed"

In connection with the introduction of international sanctions against "Lukoil," the company announced its intention to sell its foreign assets. This statement was made by the company's press service, which clarified that this decision was a consequence of the restrictive measures imposed by several states. According to the press release, "Lukoil" plans to sell its assets in accordance with the OFAC license — the Office of Foreign Assets Control of the U.S. Department

28.10.2025, 11:22
In Kyrgyzstan, the cultivation of oranges, tangerines, and kumquats has increased.
Economy / Exclusive

In Kyrgyzstan, the cultivation of oranges, tangerines, and kumquats has increased.

The Ministry of Agriculture of Kyrgyzstan has reported a significant increase in citrus production in the country. In particular, in recent years, mandarins, oranges, lemons, and kumquats have become popular. Thus, in 2023, 3,929 tons of citrus were harvested from an area of 801 hectares, while in 2024, the yield already reached 4,839 tons from an expanded area of 1,058 hectares.

28.10.2025, 11:13
The price of sugar has collapsed to a multi-year low
Economy / Exclusive

The price of sugar has collapsed to a multi-year low

The recent drop in sugar prices to 14.47 cents per pound (which is just under half a kilogram) has resulted from stable production and the impact of advancements in weight loss medications, as reported by Reuters citing brokers. According to information published in the report, the significant price decline is also linked to the forecast from the well-known Brazilian consulting company Datagro. Last week, they estimated a global sugar surplus of 1.98 million tons for the 2025/26 season,

28.10.2025, 11:05
EADB to finance the construction of a 500 kW substation in Balıkçı
Economy / Exclusive

EADB to finance the construction of a 500 kW substation in Balıkçı

A 500 kW substation is planned to be built in Balakchy, as reported by the Minister of Energy of Kyrgyzstan, Talaybek Ibraev, on the air of Birinchi Radio. According to him, the Eurasian Development Bank (EABR) conducted thorough research for a year before making the decision to finance this project. The minister noted that the bank's ecologists paid special attention to environmental protection issues. "Europeans take ecology very seriously. They studied what birds inhabit this

28.10.2025, 11:04