During the business forum of the Central Asian Regional Economic Cooperation (CAREC), which is taking place today, two important memoranda were signed. These documents pertain to cooperation in the fields of tourism and e-commerce, as reported by the Ministry of Economy. Agreement between tourism companies of Kyrgyzstan and Tajikistan
The grand opening of Pumping Station No. 3 took place in Bishkek. This project aims to improve the operation of the main heating networks and enhance the reliability of heat supply for residents in the central and western districts of the city. The symbolic start button was pressed by Mayor Aybek Junushaliev, Minister Talaybek Ibraev, and Chairman of the BGK Bekzhan Usenaliev, as reported by the press service of the mayor's office. Photo by the press service of the Bishkek mayor's
On the air of Birinchi Radio, experts from the Chui branch of the State Insurance Organization OJSC discussed the rates, conditions, and process of obtaining both mandatory and voluntary home insurance in the region. Leading specialist Elina Umuraliyeva noted that to obtain mandatory home insurance (MHI), it is necessary to provide a technical passport and the owner's passport.
As part of the dialogue platform organized by the "Kyrgyz Export" Center in the building of the Ministry of Economy and Commerce, a discussion was held on the problems faced by sewing and textile companies. Representatives from organizations such as the State Tax Service of the Kyrgyz Republic, the Bishkek Center for Standardization and Metrology, JSC "Alpha Telecom," as well as the Chamber of Commerce and various industry associations were also present at the event.
Nazina Alykulova, head of the pricing sector of the antimonopoly policy and pricing department of the Ministry of Economy and Commerce of Kyrgyzstan, spoke on the "Birinchi Radio" program about actions aimed at slowing down the rise in prices for socially significant goods. According to her, the list of such goods was approved on September 8, 2023, by a resolution of the Cabinet of Ministers. Within this framework, temporary state price regulation may be introduced for these goods on
In social networks, there is an active discussion about the platform globalreachouttech, where users share their opinions, questioning how much they can trust this service. Among the comments, there are also accusations, such as the claim that "globalreachout.com is a scam." However, the expert analysis conducted indicates the opposite. The investigation of the website, its operating conditions, licenses, and real customer reviews confirms that the trading platform globalreachout.com
According to data provided by the National Statistical Committee, the price of sunflower oil imported into Kyrgyzstan increased from January to September of this year. In the nine months of 2023, the country received 30.3 thousand tons of sunflower oil, which is 1.3% less compared to the same period last year.
On November 19, at the business forum of the Central Asian Regional Economic Cooperation in Bishkek, Prime Minister Adylbek Kasymaliev stated that "according to the International Monetary Fund, Kyrgyzstan is among the top 5 countries in terms of real GDP growth rates in 2024." He highlighted that the main factors contributing to this growth are construction, industry, and the service sector. These areas are supported by domestic demand, investments, and significant infrastructure
In Kyrgyzstan, at the direction of President Sadyr Japarov, a year ago, the process of significant reforms in the field of taxation was initiated. The head of the State Tax Service, Alambet Shykmamatov, emphasized that the goal of these reforms is to simplify tax procedures for entrepreneurs, while it is important to maintain a balance between the interests of business and the state. According to him, the completion of the first stage of reforms is characterized by several important changes:
On November 19, at a business forum dedicated to Central Asian regional economic cooperation in Bishkek, Prime Minister Adylbek Kasymaliev announced that by 2025, the consolidated budget of Kyrgyzstan should amount to 1 trillion soms. In addition, he added that in the first ten months of the current year, the volume of investments in fixed capital increased by 18.9% compared to the same period last year.
In recent years, financial instability, the rise of fraud, and new financial pyramids have forced individuals and companies to seek reliable investment options. Against this backdrop, there has been a significant increase in interest in stock market instruments. Government securities (GS), issued on the Kyrgyz Stock Exchange (KSE), are becoming one of the most sought-after and safest options. About the reasons for the growing interest in government securities and the dynamics of their market
According to the data from the State Agency for Land Resources, Cadastre, Geodesy, and Cartography (GASRKGK), in October, the price per square meter in Osh decreased by 5.4% compared to September. Currently, the price of one square meter is 78,739 soms, while in September it was 83,313 soms, according to the website. For comparison, in Bishkek, the average price per square meter in October was 107,221 soms, which is 9.5% lower than the September level according to market data.
According to the National Statistics Committee, in September, Kyrgyzstan reduced gasoline imports by 4.5 times compared to August. In August, the import volume was 38 million 465.1 thousand liters, while in September this figure dropped to 8 million 465.1 thousand liters. In the first nine months of the current year, the republic imported 569 million 192.7 thousand liters of gasoline worth $259.6 million.
The first flight on the Bishkek - Astana route has taken place. It was operated by the Kazakh airline previously known as Qazaq Air. With the completion of Qazaq Air's privatization, the company has entered a new phase in the development of regional aviation. The airline now operates both interregional flights within Kazakhstan and international flights, developing a hub model centered in Astana. The editorial team of Kaktus.media spoke with the chairman of the board of Qazaq Air, Adilbek
Active work continues in the Chui region to inform the population about the rules of mandatory housing insurance. As of today, 30% of the entire housing stock in the region is insured. This information was announced by representatives of the Chui branch of the State Insurance Organization in a broadcast on Birinchi Radio. Kenzhebek Kadyrbaev, head of the retail sales sector of the branch, noted that mandatory insurance is carried out in accordance with the presidential decree and the cabinet
In the Batken region, in the Kadamjai district, the construction of the small hydroelectric power station "Bazarbay Ata" in the Maydanskaya rural area has been completed, as reported by the local administration. The opening was attended by Aibek Shamenov, the authorized representative of the President of the Kyrgyz Republic in the Batken region, as well as the district akim Bolotkan Bayake uulu and local residents.
In the Kyrgyz Republic, an operational headquarters of the "Kyrgyz Export" Center has begun functioning in the building of the Ministry of Economy and Commerce. This headquarters is established to quickly respond to entrepreneurs' requests and provide consulting support in the textile and garment industry. The headquarters operates on the first floor of the ministry, functioning daily from 9:00 AM to 7:00 PM, without weekends. Representatives of the textile industry can seek
In the capital of Kyrgyzstan, Bishkek, a meeting took place where representatives of the State Customs Service of the country met with businessmen from Turkey. The main focus was on the development of trade and economic relations and the simplification of customs procedures, as reported by the press service of the Customs Service.
Photo from the internet. Almambet Shykmamatov, Chairman of the Tax Service A year ago, the President of Kyrgyzstan set a priority — to simplify tax procedures for entrepreneurs while finding a balance between the interests of business and the state. Almambet Shykmamatov, who heads the Tax Service, shared information about achievements and upcoming reforms. First stage of reforms: simplification of processes
The company's net profit for the specified period amounted to 36 billion 900 million soms, which is also significantly higher than the planned 13 billion 373 million soms.
This year, the Jalal-Abad region plans to create 20 new industrial facilities. Currently, 11 of them have already been put into operation. This was reported by Nurlan Ermatov, the First Deputy Plenipotentiary Representative of the President, at a meeting dedicated to analyzing the socio-economic development of the region for the first nine months. He noted that three new facilities are expected to be launched in November, another four will be opened by the end of the current year, and two more
In the capital of Kyrgyzstan, Bishkek, a business forum dedicated to Central Asian Regional Economic Cooperation (CAREC) has started.
The Minister of Energy Talaybek Ibraev announced on his Facebook page that there is no expected electricity shortage in Kyrgyzstan. He urged the population to consume resources wisely. According to him, during the winter period, as in previous years, the country will import electricity from neighboring states at a price of 3 soms, while the population will be provided with it at a tariff of 1 som 37 tyiyns. The difference in cost will once again result in debt for the JSC "National
An operational headquarters has begun its activities at the Ministry of Economy and Commerce, established within the framework of the "Kyrgyz Export" center. Its main task is to respond promptly to entrepreneurs' requests and provide comprehensive consulting assistance for enterprises in the sewing and textile industry. This was reported by the ministry's press service. The headquarters is located on the first floor of the ministry building and operates daily from 9:00 AM to
The State Tax Service of the Kyrgyz Republic informs that according to the Law of the KR, adopted on October 29, 2025, there are plans to write off debts related to penalties, fines, and financial sanctions associated with insurance contributions. In particular, for payers of insurance contributions for state social insurance, the tax authorities will carry out the write-off:
According to information provided by Bloomberg, among the potential buyers of LUKOIL's assets outside of Russia are companies such as Exxon Mobil Corp., Abu Dhabi National Oil Co., and Carlyle Group. The source reports that the Russian oil company intends to sell its foreign assets as a single package, which creates challenges, as some interested parties would prefer to acquire them separately. Experts believe that LUKOIL's stance may lead to a "two-stage process" of sale.
Photo by the Press Service of the Ministry of Economy At the business forum of CAREC, the Minister of Economy and Commerce, Bakyt Sydykov, presented the key directions of the National Development Program of Kyrgyzstan, which is planned until 2030. He highlighted the main goals and objectives of this document for the participants of the event. According to the minister, the stable growth of the country's economy is ensured by a sound investment policy and the implementation of large
The National Bank of Kyrgyzstan updated the foreign currency exchange rates for November 19: The current price of the dollar is 87.44 soms, the euro is 101.3 soms, and the ruble remains stable at 1.7 soms.
According to information from the press service of CJSC "Kumtor Gold Company," during the first ten months of 2025, the company was able to earn 80 billion soms, while expectations were 55.1 billion soms. The company's net profit for the specified period amounted to 36 billion 900 million soms, which significantly exceeds the planned 13 billion 373 million soms.
The business forum of the Central Asian Regional Economic Cooperation (CAREC) is taking place in Bishkek. The agenda focuses on developing Kyrgyzstan's potential in the region. The Minister of Economy and Commerce, Bakyt Sydykov, delivered a detailed overview of the country's current economic indicators and presented the main goals and objectives of the National Development Program until 2030 to the forum participants.
The gross domestic product (GDP) shows impressive growth. How do the authorities explain the positive dynamics in the economy of Kyrgyzstan? Maintaining Growth RatesFrom January to October, the country's GDP amounted to 1 trillion 427.4 million soms, which corresponds to an increase of 10% compared to the same period last year, similar to the figures from the previous month.
Photo courtesy of the Ministry of Economy At the business forum of the Central Asian Regional Economic Cooperation (CAREC), the Minister of Economy and Commerce, Bakyt Sydykov, emphasized that the creation of a logistics hub is one of the priority areas within the framework of the National Development Program of Kyrgyzstan until 2030, according to information from the ministry's press service. The minister reported that in 2024, investments in the transport sector are planned to reach
As a result of an audit conducted by the Accounts Chamber of Kyrgyzstan, numerous violations of financial discipline were discovered in the State Agency for Management of State Property for the year 2024, totaling 948.4 million soms. Materials related to these violations have been sent to the General Prosecutor's Office and the State Committee for National Security for further legal assessment.
The Minister of Energy, Talaybek Ibraev, stated on his Facebook page that Kyrgyzstan will not face a shortage of electricity. He emphasized that the population should use electricity rationally. According to him, as in previous winter seasons, the republic will import electricity from neighboring countries at a price of 3 soms per kilowatt, while the tariff for the population will be 1 som 37 tyiyns.
The State Tax Service of the Kyrgyz Republic has announced the simplification of the tax registration process for those working on a patent basis.
In the first six months of 2025, 159,000 new jobs were created in Kyrgyzstan, which corresponds to an increase of 2.9 times compared to the same period of the previous year. This information was announced by the Chairman of the Cabinet of Ministers and Head of the President's Administration, Adylbek Kasymaliev, at a business forum dedicated to Central Asian Regional Economic Cooperation (CAREC): Developing the Regional Potential of the Kyrgyz Republic. He also noted that in the first ten
For four years, Kyrgyzstan's economy has shown impressive growth rates exceeding 9%. This was reported by Adylbek Kasymaliev, the Chairman of the Cabinet of Ministers and Head of the Presidential Administration, during a business forum within the framework of Central Asian Regional Economic Cooperation (CAREC), dedicated to the development of the country's potential. Kasymaliev noted that in the first ten months of 2025, the growth of the Gross Domestic Product (GDP) reached 10%. In
Photo 24.kg In Kyrgyzstan, there is complete self-sufficiency in beef and lamb production. However, global trends are affecting meat prices. Currently, the government is taking measures to control and restrain prices, but how effective will this be in the long term? Temporary state regulation measures: how long will they last?
The Minister of Energy, Talaybek Ibraev, stated that Kyrgyzstan will not face an electricity shortage during the winter period. However, he emphasized the importance of rational resource use. “As in previous winters, we will purchase electricity from neighboring countries at a price of 3 soms, while it will be supplied to the population at a tariff of 1 som and 37 tyiyns,” Ibraev noted.
The State Tax Service of Kyrgyzstan informs that according to the Law adopted on October 29, 2025, there will be a write-off of debts on penalties, fines, and financial sanctions related to insurance contributions. Specifically, the tax authorities will annul:
Currently, the second day of the Central Asian Regional Economic Cooperation (CAREC) business forum is taking place in Bishkek. The Minister of Economy and Commerce of Kyrgyzstan, Bakyt Sydykov, served as the keynote speaker, emphasizing that the creation of a logistics hub is an important direction in the implementation of the National Development Program of the country until 2030. Sydykov noted that in 2024, it is planned to attract about 200 million US dollars to the transport sector.
In Kyrgyzstan, significant activities are currently being carried out to provide the population with both drinking and irrigation water. According to the press service of the Ministry of Agriculture, this area is one of the key priorities of the state.
The Chairman of the Cabinet of Ministers and Head of the Presidential Administration, Adylbek Kasymaliev, spoke at a business forum dedicated to Central Asian Regional Economic Cooperation (CAREC), where the potential for the development of Kyrgyzstan was discussed. He noted that the country's strategic geographical location, situated between the largest markets in the region, as well as its young population, which forms the basis of the labor force, create favorable conditions for
Recently, the director of the National Investment Agency under the President of the Kyrgyz Republic, Ravshanbek Sabirov, held a meeting with a delegation consisting of representatives from the Netherlands, Turkey, and the USA. During the meeting, two significant investment projects related to green energy and agrotechnologies were presented. The delegation was headed by Yuzhel Akdeniz, president of the Public Foundation "Kyrgyz Green Infrastructure Fund." During the discussion, the
In accordance with the message from the Tax Service of the Kyrgyz Republic, according to the Law adopted on October 29, 2025, there will be a write-off of debts related to fines, penalties, and financial sanctions associated with insurance contributions. Specifically, for payers of insurance contributions for state social insurance, the following conditions are provided:
The discussions around mining farms in Kyrgyzstan have been ongoing for several years. For some, it symbolizes a new digital era, new jobs, and investments; for others, it poses a threat of overloading power lines and an additional risk to the already vulnerable energy system of the country. However, the reality is much more complex: mining can both threaten and provide opportunities, and this largely depends on the choices made by the government.
On the Moscow Council, the exchange rates for foreign currency at exchange points on the morning of November 19 are presented with the following values:
As of September 30, 2025, there were 21 commercial banks and 305 of their branches operating in the Kyrgyz Republic, according to information provided by the country's National Bank. Since the beginning of the current year, the total assets of the banking sector have increased by 38 percent, reaching 1,125.8 billion soms.