Project of the railway "China-Kyrgyzstan-Uzbekistan": a trilateral meeting took place
Economy / Exclusive

Project of the railway "China-Kyrgyzstan-Uzbekistan": a trilateral meeting took place

The press service of the Ministry of Transport and Communications of the Kyrgyz Republic reported on a meeting where representatives from three countries discussed the implementation of the railway project "China-Kyrgyzstan-Uzbekistan". Present at the event were the Minister of Transport of Kyrgyzstan Abdykalyk Suyunov, the Minister of Transport of Uzbekistan Ilkhom Makhkamov, as well as special representatives from China.

24.11.2025, 09:09
Economy

Kazakhstan and Uzbekistan will supply electricity to Kyrgyzstan in winter

The Ministry of Energy of Kyrgyzstan reports that Kazakhstan, Kyrgyzstan, and Uzbekistan have reached an agreement on issues of water and energy cooperation. This decision was made at a meeting held in Almaty under the leadership of Erlan Akkenzhanov, the head of Kazakhstan's energy ministry. During the meeting, representatives of the three countries discussed the conditions for mutual support in the field of electricity. Considering the difficult situation at the Toktogul Reservoir, the

24.11.2025, 08:24
The ruble has noticeably appreciated, while the tenge has slightly depreciated. Currency rates as of November 24.
Economy

The ruble has noticeably appreciated, while the tenge has slightly depreciated. Currency rates as of November 24.

Photo from the internet. In November, the Russian ruble reached monthly highs several times and continues to show growth According to information from the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rates of the euro, ruble, and Chinese yuan have increased, while the Kazakh tenge has shown a decline. The US dollar remained stable. US Dollar:

24.11.2025, 08:03
Korean Technology "Smart Farm - 2025" Implemented in Kyrgyzstan
Economy / Exclusive

Korean Technology "Smart Farm - 2025" Implemented in Kyrgyzstan

The implementation of the automated liquid feeding system at the smart farm IWS Agro in Kyrgyzstan has been completed, which was carried out by the leading South Korean engineering company Dohwa Engineering. According to the Ministry of Agriculture, this project has become part of the international demonstration program "Smart Farm - 2025," initiated by the Agricultural Technology Promotion Agency of the Republic of Korea.

23.11.2025, 17:54
Economy / Exclusive

In the city of Kara-Balta, a goods fair was held — how much did the meat cost

On November 22, an agricultural fair took place in Kara-Balta, marking the second such event this season, organized by the local administration and the Jayil district. Kairat Maatkaziev, head of the district's agricultural development department, reported that fairs will be held every Saturday until spring, aimed at supporting the population and controlling prices on key food products. "The event features locally produced goods, which farmers sell directly to consumers at reduced

23.11.2025, 17:27
A large fair with affordable goods is taking place in Bishkek.
Economy

A large fair with affordable goods is taking place in Bishkek.

On the square named after T. Usubaliev and at the intersection of I. Razzakov and Abdymomunov streets along the Erkindik Boulevard, a fair organized by the Ministry of Water Resources, Agriculture, and Processing Industry is taking place. This event has attracted the attention of many city residents.

23.11.2025, 09:13
Economy

Sewing workshops in Bishkek are closing one after another. What will happen next?

The light industry of Kyrgyzstan, which has held leading positions in exports for many years, is experiencing one of the most severe crises in its history. The closure of routes for "gray" imports to Russia, new working conditions, and logistics problems have jeopardized the existence of many sewing workshops. Entrepreneurs owning these productions express serious concern: if government authorities do not take action soon, tens of thousands of people will be left without jobs.

23.11.2025, 08:54
Economy

Kyrgyzstan is the only country in the EAEU that has a budget surplus

Since the beginning of the year, Kyrgyzstan has demonstrated a positive balance in the republican budget, which amounted to $1 billion. This data was published in the materials of the statistics department of the Eurasian Economic Commission. According to the report, the total budget revenues for the first nine months of the current year reached $4.9 billion, while expenditures amounted to $3.9 billion. This includes operations with non-financial assets.

22.11.2025, 18:37
Economy

Certificates of Conformity Issued in Kyrgyzstan Are Questioned in Russia

As reported by "Kommersant," Rosakkreditatsiya has decided to revoke questionable certificates issued within the framework of the EAEU. The Russian authorities are tightening control over the quality of products entering the country's market. Starting from November 30, 2025, a mechanism will be implemented that allows for the revocation of certificates and declarations of conformity if their authenticity is not confirmed by other member states of the Eurasian Economic Union.

22.11.2025, 15:36
Bishkek's Grocery Basket as of November 22. How Prices Changed Over the Week
Economy

Bishkek's Grocery Basket as of November 22. How Prices Changed Over the Week

This week, Bishkek has seen an increase in prices for products such as tomatoes, buckwheat, potatoes, onions, carrots, and vegetable oil. At the same time, prices for rice, cucumbers, cabbage, pears, bananas, and eggs have decreased. As a result, over the past seven days, the cost of the minimum set of products decreased by 109 soms and amounted to 6,423 soms.

22.11.2025, 13:34
Economy

EEC Again Records High Growth Rate of Housing Commissioning in Kyrgyzstan

According to the statistics department of the Eurasian Economic Commission, since the beginning of 2024, there has been a significant increase in housing construction in Kyrgyzstan – by 34.3 percent compared to the same period last year. From January to September, 1.3 million square meters of residential space were put into operation in the country. Kyrgyzstan and Armenia demonstrated the highest growth rates among the countries of the Eurasian Union.

22.11.2025, 10:22
Economy

Drinking Less? Analysts Have Reduced the Forecast for Alcohol Consumption in 2025

The analytical company International Wine and Spirits Research (IWSR) has revised its forecasts for alcohol consumption in 2025. The corresponding report indicates an upcoming decline in overall consumption volume. According to new data, global alcohol consumption is expected to decrease by 0.4% in 2025 compared to the previous year.

21.11.2025, 21:21
Revenue increased from 30 to 100 million: the "Bazar" system showed results at "Dordoi"
Economy / Exclusive

Revenue increased from 30 to 100 million: the "Bazar" system showed results at "Dordoi"

The State Tax Service of the Kyrgyz Republic has presented the results of the implementation of the new information system "Bazar" at the "Dordoy" trading complex. According to information from the tax authority, from March 15 to August 15, 2025, as part of a pilot project initiated by the decree of President Sadyr Japarov "On the implementation of pilot projects for tax administration in markets and mini-markets of the Dordoy trading complex," this project was

21.11.2025, 18:21
Exchange rates in commercial banks of Kyrgyzstan on November 21
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 21

Information about currency exchange rates is provided based on data collected from commercial bank websites. If you have any questions, it is recommended to contact the banks directly for clarification of the information provided. The indicated rates are valid at the time of publication and are intended for cash exchange. Please note that rates may change throughout the day. The official rates set by the National Bank of Kyrgyzstan, as well as the currency exchange rates in Bishkek exchange

21.11.2025, 17:38
A Modern Dried Fruit Processing Workshop Opened in Kadamzhai
Economy / Exclusive

A Modern Dried Fruit Processing Workshop Opened in Kadamzhai

In the Kadamjai district, in the village of Kalacha, the company OsOO "Interfruit" successfully implemented several projects aimed at developing the processing industry and enhancing the export potential of local products from 2017 to 2019. According to information from the Ministry of Agriculture, construction of a dried fruit processing workshop began in 2017. In June 2018, the facility was officially opened with the participation of representatives from the Ministry of

21.11.2025, 17:32
Economy

"I'm Scared." Representatives of the Textile Industry on What Awaits Them in the Near Future

The situation with the supply of goods in the sewing industry of Kyrgyzstan raises significant concerns. The problems are not limited to issues of business legality. Even companies with all the necessary documents face difficulties, including receiving payment for their products. Kaktus.media had a conversation with Gulzeil Mansurova, the founder of the Bioro Zeil & Coco brand, about the current challenges in the sewing industry and how the crisis is affecting the entire sector.

21.11.2025, 16:27
Who is making millions on meat while farmers barely survive?
Economy

Who is making millions on meat while farmers barely survive?

Prices for products remain high In Kyrgyzstan, agriculture, as practice shows, often turns out to be a loss-making endeavor. Economist Iskender Sharshiev analyzed the current situation with rising meat prices in the country in a conversation with Vesti.kg.

21.11.2025, 16:09
IMF: Kyrgyzstan is Among the World Leaders in GDP Growth Rates
Economy

IMF: Kyrgyzstan is Among the World Leaders in GDP Growth Rates

Photo of the Cabinet of Ministers of the Kyrgyz Republic. Subir Lall and Daniyar Amangeldiev Today, during a meeting with the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Daniyar Amangeldiev, Subir Lall, Deputy Director of the IMF's Middle East and Central Asia Department, reported that by the end of 2024, Kyrgyzstan ranked among the world leaders in terms of real GDP growth rates. The discussion focused on the current macroeconomic situation in the country,

21.11.2025, 16:05
The State Financial Supervision has revoked the certificates of three mining companies.
Economy / Exclusive

The State Financial Supervision has revoked the certificates of three mining companies.

The State Financial Supervision, responsible for regulation and control in the financial sector, has decided to suspend the certificates allowing industrial mining activities for three organizations. According to the information provided by the agency, this decision is based on the Procedure for the registration and issuance of certificates for mining activities, established by the Cabinet of Ministers Resolution No. 514 dated September 16, 2022, as well as on paragraph 13 of the Regulation on

21.11.2025, 16:00
A Chinese company will develop a modern bonded zone for Manas Airport.
Economy

A Chinese company will develop a modern bonded zone for Manas Airport.

Photo courtesy of the airport press service A delegation from the Chinese company ZTO Cloud Warehouse Science and Technology Co., Ltd. visited Kyrgyzstan. During the meeting with representatives of the OJSC "Airports of Kyrgyzstan," plans for the creation of a modern bonded zone at the Manas International Airport were discussed, as reported by the press service of the country's air harbor. “The arrival of our Chinese partners marks the transition of our cooperation, initiated

21.11.2025, 15:54
The price of Bitcoin has sharply dropped
Economy / Exclusive

The price of Bitcoin has sharply dropped

The price of Bitcoin has fallen below the mark of 85 thousand dollars, according to information from Investing.com. As of 11:17 Moscow time, the value of this cryptocurrency was 84,707 dollars. According to Bankiros, since the beginning of trading, Bitcoin has lost more than 6 thousand dollars, and over the past month, its price has decreased by almost 25 thousand dollars. It is worth noting that on November 18, the price of Bitcoin fell below 90 thousand dollars for the first time since

21.11.2025, 15:49
Economy / News

"Revenue Increased". The GNS Reported on the Implementation of the "Bazar" System at "Dordoi"

From March 15 to August 15, 2025, a pilot project was conducted at the "Dordoy" market, within which the "Bazaar" system was developed. This digital platform significantly facilitates interaction between entrepreneurs, tax authorities, and banks, as well as promotes more effective tax administration and the creation of favorable conditions for business. It is important to note that the market administration became a tax agent responsible for accounting and controlling the

21.11.2025, 15:41
Economy

In Kyrgyzstan, control over miners and the crypto sector is being strengthened

In Kyrgyzstan, the State Financial Supervision Agency has presented a new set of legislative changes aimed at increasing transparency in the crypto sector, enhancing control, and reducing the risks of money laundering. These changes were approved at a cabinet meeting. Combating Shadow Activities and Minimizing Risks The measures adopted have significantly tightened the requirements for cryptocurrency trading and exchange operators, allowing local regulations to align with international

21.11.2025, 15:24
Leaders in Gold Purchases Among Countries Named
Economy / Exclusive

Leaders in Gold Purchases Among Countries Named

According to data from the World Gold Council, Poland and Kazakhstan have become the main buyers of gold since the beginning of this year, as reported by BestBrokers. Poland purchased 67.1 tons of the precious metal, while Kazakhstan bought 32.4 tons. China ranks third with 22.7 tons of gold in its reserves.

21.11.2025, 15:16
Economy

Assets of microfinance organizations in Kyrgyzstan reached 71.2 billion soms

As of September 30, 2025, the microfinance organizations (MFO) sector in the Kyrgyz Republic has shown impressive results over the past 9 months. The National Bank of the KR reported that all key indicators demonstrated positive changes compared to the data from the end of 2024. The main growth indicators include:

21.11.2025, 14:18
The Audit Chamber checked the Ministry of Emergency Situations and found financial violations amounting to 210 million soms
Economy

The Audit Chamber checked the Ministry of Emergency Situations and found financial violations amounting to 210 million soms

The Audit Chamber of Kyrgyzstan conducted an audit of the budget execution of the Ministry of Emergency Situations and its subordinate structures for the years 2023-2024, resulting in the identification of various violations. The press service of the agency reported this. Key Violations: The audit revealed that the Ministry of Emergency Situations created and used a separate budget estimate for centralized activities, which contradicts current legislation and budget planning rules. It was also

21.11.2025, 14:13
Economy

In Kyrgyzstan, changes to the accounting of imported goods within the EAEU are being discussed.

The Cabinet of Ministers of the Kyrgyz Republic has initiated a public discussion on a project concerning changes to the rules for accounting goods imported from the countries of the Eurasian Economic Union. This project proposes to supplement existing norms with new provisions regarding the formation of a registry of reputable participants in foreign economic activity. It will include legal entities and individual entrepreneurs who meet the established criteria of good faith.

21.11.2025, 14:08
Economy

Implementation of the "Bazar" System: 727 Million Soms in Taxes Collected in 10 Months

The State Tax Service of the Kyrgyz Republic has summarized the results of the implementation of the information system "Bazar" in the territory of the "Dordoi" trade complex. In accordance with the decree of the President of the Kyrgyz Republic Sadyr Japarov on conducting pilot projects for tax administration, the Tax Service initiated this project from March 15 to August 15, 2025.

21.11.2025, 13:07
Economy

Bitcoin Continues to Decline

The price of Bitcoin continues to decline, according to data from the cryptocurrency platform Binance. Recent price drops have pushed the value of Bitcoin below the $85,500 mark. This decline is part of a broader downturn in the cryptocurrency market.

21.11.2025, 12:59
Economy

Trade War. China has become Germany's main trading partner again.

According to information provided by DW, China has once again become a key trading partner for Germany, a consequence of the tariffs imposed by Donald Trump. From January to September 2024, imports of Chinese goods to Germany increased by 8.5%, amounting to 124.5 billion euros. At the same time, exports of German goods to China decreased by 12.3%, reaching 61.4 billion euros. Last year, the United States surpassed China, which had been Germany's leading trading partner from 2016 to 2023.

21.11.2025, 12:24
President: Kyrgyzstan will completely emerge from the energy crisis by 2028
Economy / Exclusive

President: Kyrgyzstan will completely emerge from the energy crisis by 2028

President Sadyr Japarov in Bishkek, at the event for the laying of the capsule for the construction of the residential area "Altai," met with local residents and discussed changes in the energy sector that have occurred over the past few years. During the conversation, one citizen living in the suburbs raised the issue of frequent power outages. In response, the president stated that without the large-scale modernization carried out over the past four years, Kyrgyzstan would continue

21.11.2025, 10:37
Economy

In the government project for agricultural financing, 6,487 loans have been issued

According to the decree of the Cabinet of Ministers of the Kyrgyz Republic, approved on February 14, 2025, under number 80-r, a project called "Agricultural Financing - 13" was launched. As reported by the press service of the Ministry of Agriculture, this initiative provides for the allocation of loans at 10% interest for a total amount exceeding 4 billion 92 million soms. According to the information from the agency, the loan term for the areas of "animal husbandry,"

21.11.2025, 10:15
A Business Council on Children's Issues Established in Kyrgyzstan
Economy

A Business Council on Children's Issues Established in Kyrgyzstan

On this day, which symbolizes global brotherhood and the protection of children's rights, the organized UNICEF representation in Kyrgyzstan announced the establishment of the Business Advisory Council for Children (BACC). This new association, which has become the first such platform in the country, brings together business leaders, experts, and multi-sectoral structures to protect children's rights and their well-being. The first composition of the council includes international

21.11.2025, 08:50
Economy

Transportation of timber from Russia to Kyrgyzstan will be with navigation seals

Starting from February 1 of next year, a pilot project will begin using navigation seals to monitor the transportation of certain types of timber from Russia to Kazakhstan and Kyrgyzstan. This was reported by the Eurasian Economic Commission (EEC). As part of this pilot project, heavy trucks leaving Russia will not be required to be equipped with the GLONASS system. Instead, navigation seals will monitor the route and condition of the cargo in real time.

21.11.2025, 08:10