According to the organization's report, shadow imports carried out through cargo schemes amount to about $10–15 billion per year. This includes the import of consumer goods from China without paying taxes and necessary documentation.
Talaybek Ibraev, the Minister of Energy, familiarized himself with the completion of the reconstruction works on the fourth hydro unit at the Toktogul HPP and the second at the Uch-Kurgan HPP, as well as the condition of the Kara-Kul HPP. This was reported by the press service of the ministry. According to the information, the reconstruction works on the fourth hydro unit of the Toktogul HPP have been completed by 100%.
In Tashkent, a discussion took place on the food security plan until 2030, which involved representatives from the ministries of agriculture of Central Asia. The delegations exchanged views on the implementation of innovative and digital technologies, as well as discussed ways to strengthen cooperation in the region.
Photo from the internet. Until the recent intervention by the National Bank, the exchange rate of all currencies was increasing relative to the som, but now a change is observed. However, the price drop is insignificant. According to the National Bank of Kyrgyzstan and exchange points in Bishkek, the official rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan have decreased, while the dollar remains at the same level. US Dollar:
The American company Cove Capital and the Kazakhstani "Tau-Ken Samruk" have signed an agreement for the joint development of two major tungsten deposits — Northern Katpar and Upper Kairakty in the Karaganda region. These deposits are considered among the largest in the world that have yet to be developed, as reported by "Samruk-Kazyna".
In a recent social media post, former president Almazbek Atambayev reminded about the start of energy projects that were initiated during his time. He emphasized that failures in the energy sector were one of the key reasons for the April Revolution of 2010. In response to these statements, Energy Minister Talaybek Ibraev expressed doubts about the accuracy of Atambayev's words in an interview with local media, noting that during his administration, not a single new hydroelectric power
According to the latest data from the Eurasian Fund for Stabilization and Development (EFSD), the economic growth forecast for Kyrgyzstan has become more optimistic. An important aspect contributing to this improvement, the fund's specialists highlight, is the active development of the construction sector and increased investment activity. New estimates predict that in 2025, the growth rate of gross domestic product (GDP) will reach 9%. In the following years, a decline in these indicators
On November 12, 2025, the National Bank presented the current exchange rates for foreign currencies. The following values have been established for this day: - 1 US dollar (USD) is 87.4500 soms (unchanged);
Since the beginning of 2025, Bishkek has seen an average increase in real estate prices of 30%. This was stated by Aidar Sukembaev, an expert from the Digital Transformation Department of the Agency for Land Resources, at a press conference at the "Kabar" agency. He noted that over the past five years, prices for residential houses and apartments in major cities of the country have significantly increased.
The digital transformation specialist of the Agency for Land Resources, Aidar Sukembaev, stated at a briefing at the "Kabar" agency that a slight decrease in real estate prices is possible in Kyrgyzstan. Sukembaev emphasized that the period from 2020 to 2023 was marked by high activity in the real estate market. For example, the number of registered transactions increased from 51,590 in 2020 to 70,700 in 2023. However, growth in 2024 was only 9%, indicating a decline.
The decision has been made in Kyrgyzstan to extend the temporary state regulation of prices for meat products, including beef and lamb, with the exception of boneless meat. The new deadline is set for December 31, 2025, as reported by the Ministry of Economic Complex of the Kyrgyz Republic. The extension is related to the need to prevent further price increases, combat speculation, and stabilize the situation in the meat market. It is also aimed at ensuring the availability of this important
The Cabinet of Ministers of the Kyrgyz Republic is initiating a draft resolution that proposes a temporary ban on the import of electronic cigarettes and liquids containing nicotine. The document prepared by the Ministry of Economy and Commerce has already been submitted for public discussion. As specified, this measure is aimed at implementing the Law "On Protecting Citizens' Health from the Consequences of Tobacco and Nicotine Consumption" and is intended to reduce the spread
On November 11, a ceremonial opening of a municipal plant engaged in water supply and wastewater treatment took place in Uzgen. Bakyt Torobaev was present at the event, as reported by the press service of the Ministry of Water Management and Agriculture. The construction of the new facility is located in the rural area of Bash-Dobo, within the territory of the village of Kosh-Korgon, on a site covering 4.71 hectares. The project was implemented with the support of the European Bank for
In 2026, the authorities of the republic plan to significantly increase spending on healthcare. This information is contained in the Civil Budget of Kyrgyzstan for 2026, which was presented by the Ministry of Finance. It is planned to allocate 54 billion 693.6 million soms for these needs, which is 12 billion 820.5 million soms more compared to the approved budget for 2025.
At the 26th meeting of the intergovernmental commission of Kyrgyzstan and Russia on trade, economic, scientific, technical, and humanitarian cooperation, held in Bishkek, Adylbek Kasymaliev, the Chairman of the Cabinet of Ministers of Kyrgyzstan, and Alexey Overchuk, Deputy Chairman of the Government of Russia, participated. During the meeting, key aspects of cooperation in areas such as trade, industrial cooperation, logistics, energy, tourism, and humanitarian projects were discussed.
As of August 31, 2025, the total volume of the credit portfolio of banks in Kyrgyzstan reached 447.3 billion soms, which is 31.3% higher compared to the beginning of the year. This data was presented by the National Bank of the country. The most popular reason for obtaining loans remains consumer needs, for which 150.5 billion soms were issued, an increase of 51.7% compared to the beginning of the current year. Loans are also taken out for the following purposes:
The Ministry of Economy has announced the extension of temporary state price regulation on meat until December 31, 2025. This decision has been made to prevent further price increases, avoid speculation, and ensure stability in the market concerning beef and lamb (excluding boneless meat). This measure aims to guarantee the availability of this important social product for the population and support price stability in the domestic market.
According to Aidar Sukenbaev, a specialist at the Digital Transformation Department of the Agency for Land Resources, citizens in Kyrgyzstan need to save their salary for 15 to 20 years to purchase their own housing. He shared this information during a briefing at the "Kabar" agency. The expert noted that housing prices in the country are rising significantly, driven by both objective and subjective factors.
The 26th meeting of the Intergovernmental Kyrgyz-Russian Commission on trade, economic, scientific, technical, and humanitarian cooperation took place at the Ala-Archa residence. The event was attended by the Prime Minister of Kyrgyzstan, Adylbek Kasymaliev, who warmly welcomed the delegation of the Russian Federation, headed by Deputy Prime Minister Alexey Overchuk. This meeting is of particular significance as it occurs in the year marking the 25th anniversary of the signing of the
The Ministry of Economy has published a draft that implies an extension of the ban on the export of timber and wood products outside the EAEU countries. If this initiative is approved, the ban will last for six months and will apply to timber and wood products classified under codes 4401, 4403, and 4407 according to the EAEU Customs Tariff, which will not be allowed to leave the customs territory of the Union.
Kazakh news resources publish materials emphasizing that while Kazakhstan strives to enter the top 50 best economies in the world, Kyrgyzstan has already secured a place among the five leaders. An article posted on the inbusiness.kz website presents forecasts from international organizations analyzing the economic situation in Kyrgyzstan. This analytical review compares the economic conditions created by the governments of Kyrgyzstan and Kazakhstan. According to the publication, by 2025,
In Astana, a meeting of the Intergovernmental Commission took place, where key issues in the fields of transport, agriculture, and trade were discussed.
From November 3 to 7, 2025, a mission from the IMF worked in Kyrgyzstan, focusing on issues related to wage fund management. This is confirmed by a press release received by the editorial office. During the meeting, specialists discussed ways to improve labor compensation conditions in the budget sector of the Kyrgyz Republic. One of the main issues was the reform of the wage system in the context of fiscal and macroeconomic indicators, which is necessary to ensure budget sustainability. The
Starting from November 1, residents of Kyrgyzstan have been given the opportunity to impose a self-ban on borrowing, as reported by the National Bank. According to the regulator, more than 19,000 citizens have already activated the self-ban on obtaining loans through the mobile application "Tündük" in the first week of November.
In October of this year, 49,500 passenger cars were imported into Russia, according to data from the analytical agency "Autostat." Of this number, 8,300 cars came through Kyrgyzstan, which is 52.4% higher than the figure for September. At the same time, only 479 of them were used cars.
The Ministry of Economy and Commerce of the Kyrgyz Republic has begun discussions on a draft resolution regarding a temporary ban on the import of electronic cigarettes into the country. Goals and Objectives
According to information presented during a briefing at the "Kabar" agency, Aidar Sukenaev, a specialist from the Digital Transformation Department of the Agency for Land Resources, reported that real estate prices in Bishkek have increased by 30% since the beginning of the year. He also emphasized that over the past five years, the cost of housing in both Bishkek and Osh has significantly risen.
The President noted that the initiative was presented without prior discussion with the Ministry of Energy, which does not correspond to the current situation with water reserves: the water level in the Toktogul reservoir is 2 billion cubic meters lower than last year. As a result of an internal investigation, the Ministry of Energy ordered the suspension of actions by NESK, and the CEO and his deputy received reprimands, while the head of the electricity sales department was dismissed.
The Deputy Chairman of the State Tax Service (GNS), Mirlan Rakhmanov, shared information with Birinchi Radio about the increase in the number of citizens who have started using electronic tax services. He noted that thanks to the digitalization of tax processes, it is now possible to pay taxes remotely through personal accounts and mobile applications. "Currently, almost 1.5 million people are using the taxpayer's cabinet, which is 160,000 more compared to the beginning of the
At the 7th meeting of the joint Kyrgyz-Uzbek water management commission, which took place in Manas, the Minister of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, Bakyt Torobaev, outlined important aspects of cooperation between the two countries. This information was provided by the Ministry of Agriculture of Kyrgyzstan. During the meeting, key issues of cooperation were discussed, such as the effective use of water resources, ensuring energy security for the countries
Kyrgyzstan has made it into the top ten countries that actively purchase cheese and cottage cheese from Russia, as reported by "Agroexport".
The press service of the State Tax Service (STS) reported a significant increase in the number of users of electronic tax services in Kyrgyzstan. According to the provided data, the digitalization of tax processes has enabled citizens to pay taxes remotely through the "Personal Account" and mobile applications.
The National Bank of Kyrgyzstan has presented data on foreign exchange rates as of November 11: The dollar rate remained unchanged, while the euro and ruble have appreciated.
In Kyrgyzstan, there are plans to tighten the regulations regarding the issuance of certificates for halal products. Almaz Kairbekov, the director of the Halal Industry Development Center under the Ministry of Economy and Commerce, announced this during a broadcast on "Birinchi Radio." He noted that an increase in the requirements for the accreditation of organizations involved in halal product certification is expected. The main goal of these changes is to align the standards with
Azamat Paizov, the director of the Bishkek Electric Networks Enterprise, appealed to the residents of the capital with a request for the rational use of electricity. This became known from a message published on the official BPES social media account. During a daytime raid in Bishkek, he emphasized the importance of saving electricity, especially during the autumn-winter period when the load on the energy system significantly increases.
The plans for the construction of the China-Kyrgyzstan-Uzbekistan railway (CKU) are expected to be completed by 2030. Bakyt Degenbaev, the founder of the "Buy Kyrgyz" movement and former Deputy Minister of Energy and Industry of the Kyrgyz Republic, emphasizes the importance of planning in advance how Kyrgyzstan can effectively utilize this transnational railway.
Information was gathered from the official websites of commercial banks. If you have questions regarding the data, it is recommended to contact the banks directly. This information is current as of the time of publication. The indicated rates are intended for cash exchange. They may change throughout the day.
As of November 11, 2025, the National Bank has presented the current exchange rates for foreign currencies. A comparison with the data from November 8 shows slight fluctuations in the values of major currencies.
As of the beginning of 2025, 310.4 billion soms have been collected in taxes and contributions in Kyrgyzstan. This was reported by Mirlan Rahmanov, Deputy Chairman of the State Tax Service, on the air of "Birinchi Radio." According to Rahmanov, the plan for tax and insurance contributions collection for the period from January to October was successfully exceeded, reaching 104.3% of the planned amount.
On the morning of November 11, the exchange rates for foreign currencies at the Mossovet exchange offices are presented as follows:
From November 1 to 7, over 19,000 people in Kyrgyzstan used the new self-restriction mechanism for obtaining loans through the mobile application "Tündük." This was reported by the National Bank on its Telegram channel. It should be noted that starting from November 1, all citizens of the country have the opportunity to set a self-restriction on loan applications in the "Tündük" app. Anyone interested can activate the option "I prohibit concluding loan agreements on my
In the fields of the Suzak District, the autumn sowing campaign has begun, and as an example for local farmers, the Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev visited the "Ala Too Azygy" farm. This was reported by the press service of the Ministry of Agriculture of Kyrgyzstan. During the visit, the minister emphasized the importance of demonstration sowing works for farmers to showcase effective agricultural practices.
The discussion of the project concerning the creation of a special financial investment territory "Tamchi" (SFIT) has already begun. This document, developed by the Ministry of Construction, Architecture, and Housing and Communal Services, is a response to the law on SFIT and previous government directives. The development of requirements is the first step towards creating a master plan that will define the layout, engineering infrastructure, and land use regime in the new area. It is
On November 10, the National Bank of Kyrgyzstan conducted its largest currency intervention of the year, selling a total of $173.9 million on the interbank foreign exchange market. The regulator clarified that out of the specified amount, $65.3 million was sold with settlements on the day of the transaction, while $108.6 million was sold with settlements at a later date.
In an interview on "Birinchi Radio," the Deputy Chairman of the State Tax Service, Mirlan Rakhmanov, shared the interim results of the service's work for the period from January to October 2025. According to him, during the specified period, the State Tax Service collected 310.4 billion soms in the form of taxes and insurance contributions.
The President of the country, Sadyr Japarov, instructed the cabinet of ministers to search for contracting organizations for the major repair of the highway Osh – Kara-Suu, which is 18.7 kilometers long. Photo from the archive. The Osh – Kara-Suu road will be expanded to four lanes
More than 130 tons of beans from Kyrgyzstan have been delivered to the Astrakhan region of the Russian Federation. This information was provided by the Rosselkhoznadzor management responsible for the Rostov, Volgograd, and Astrakhan regions, as well as the Republic of Kalmykia. As a result of last week, two batches of beans, with a total weight of 132 tons, were inspected, arriving from Kyrgyzstan.
In 2025, the National Bank of Kyrgyzstan conducted its largest currency intervention, marking the sixth one to date. On the interbank market, $173.9 million was sold, of which $65.3 million was sold with settlement on the day of the transaction, while the remaining $108.6 million was sold with settlement at a later date.