The two-day business forum of the Central Asian Regional Economic Cooperation (CAREC) has opened in Bishkek. This was reported by the Ministry of Economy and Commerce of the Kyrgyz Republic. Minister Bakyt Sydykov noted that this event is the first business forum after nearly 15 years of absence.
This weekend, a fair took place at the Turdakuna Usubaliev Square in Bishkek, attracting the attention of local residents. An especially interesting booth drew buyers—horse meat was sold at a price of 699 soms per kilogram. Additionally, the fair offered a wide range of meat products, including beef, lamb, and poultry. Buruul Doletbayeva, a pensioner from Bishkek and a member of the veteran choir "Red Carnation," happily shared her impressions. She filled her basket with vegetables,
Starting from January 1, 2026, China will introduce new strict rules for the export of new cars that were previously exported abroad under the guise of used vehicles. According to information published on the website of the Ministry of Commerce of the People's Republic of China, the restrictions will be implemented in cooperation with the Ministry of Industry and the General Administration of Customs of the country. The document specifies that for the export of cars registered in China
President Sadyr Japarov signed the draft law "On Amendments to the Civil Code of the Kyrgyz Republic," which was approved by the Jogorku Kenesh on September 25, 2023. This information was published by the press service of the head of state. The aim of the new provisions is to increase the transparency and accountability of economic entities with only one participant.
In the Kyrgyz Republic, changes have been made to the procedure for calculating property tax, as reminded by the Tax Service. The new rules, which came into effect on October 29, are related to the transition to automated tax calculation in accordance with amendments to the Tax Code. New calculation rules have been introduced, and property tax rates have been changed. Additionally, the requirement to submit informational calculations for non-agricultural land plots, non-residential buildings
The State Tax Service informs that changes have been made to the Tax Code of the Kyrgyz Republic regarding property taxation. According to the service, the changes are related to the implementation of an automated property tax assessment system. As a result, the calculation procedure, tax rates have been revised, and the requirement to submit informational calculations for property tax for land in populated areas, as well as for non-agricultural land, non-residential buildings, premises, and
On the morning of November 18, the following exchange rates can be observed at the MosSoviet exchange points:
As of November 18, 2025, the National Bank presented the current exchange rates. A comparison with the rates on November 15 shows that most foreign currencies have undergone changes, except for the US dollar.
An online discussion took place regarding issues related to stabilizing prices for beef and lamb at the Ministry of Water Resources, Agriculture, and Processing Industry. This information was provided by the press service of the ministry. During the meeting, participants analyzed the situation in the meat market, discussed measures to ensure food security, and identified factors contributing to price increases. The necessity for closer cooperation between government agencies, local
Photo from the internet. The som began to strengthen after weakening. According to data from the National Bank of Kyrgyzstan and exchange points in Bishkek, the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan have decreased. The dollar, on the other hand, remained at the same level. US Dollar:
According to information provided by the press service of the Ministry of Economy, India will allocate grant assistance to Kyrgyzstan in the amount of 253.2 million soms. This became possible due to the signing of two memoranda of cooperation. The first memorandum concerns the implementation of a project titled "Establishment of an IT Lab for the Kyrgyz Economic University (KEU)" in Bishkek.
Kyrgyzstan will receive grant assistance from India amounting to 126.6 million soms. This became possible due to the signing of two memorandums of cooperation, as reported by the press service of the Ministry of Economy. The first memorandum concerns the project to establish an IT Lab for the Kyrgyz Economic University (KEU) in Bishkek.
A large-scale tax reform in Kazakhstan is already causing significant concern among representatives of small and medium-sized businesses. The new rules may force entrepreneurs to leave the country in search of more favorable conditions in neighboring Kyrgyzstan and Uzbekistan. This creates potential challenges and opportunities for the Kyrgyz economy, which may find itself at the center of a new influx of businesses and, consequently, goods. Changes in Taxation: Risks for SMEsThe Tax Code,
Photo from the internet Starting January 1, 2026, a new Tax Code will come into effect in Kazakhstan, and preparations for it have already begun. However, many entrepreneurs in the country express concerns that the proposed changes will negatively impact the middle class and the economy as a whole. Some have even described this document as a "punitive book," claiming that it is part of a "global policy against small and medium-sized businesses." What specific changes will
During a working trip to the Naryn region, the Minister of Energy Talaybek Ibraev got acquainted with the operations of the coal deposits of Kara-Keche and Ak-Ulak, which belong to OJSC "Kyrgyzkomur." This information was provided by the press service of the ministry.
At a meeting held by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, issues related to prices for socially significant goods were discussed with major local suppliers. The meeting also gathered representatives from tax services from all four districts of Bishkek, as reported by the ministry's press service. The minister emphasized the importance of social responsibility in business and called for a review of pricing policies.
According to the National Bank, as of the end of October 2025, Kyrgyzstan's gross international reserves amounted to $7 billion 955.10 million. The growth of gross international reserves was recorded as follows:
According to the latest data as of October 23, farmers in Kyrgyzstan have completed the harvest of grains from an area of 602.5 thousand hectares, which is 9.1 thousand hectares more compared to the same period last year, according to a report from the National Statistical Committee. From January to September of the current year, there has been an increase in the gross harvest of several crops: rice by 17%, fruit and berry crops by 12.6%, vegetables by 11.6%, corn by 7.9%, and melons and gourds
A meeting dedicated to supporting the textile industry and issues related to the access of its products to the Russian market was held at the Ministry of Economy and Commerce of the Kyrgyz Republic. The press service of the ministry reported this. During the meeting, participants discussed the problems faced by domestic products when entering the Russian market. It was noted that difficulties arose due to increased control by Russian authorities.
In Kara-Kul, located in the Jalal-Abad region, inspections are being conducted aimed at controlling food prices. The event involves Vice Mayor Manas Abdykalikov, as well as representatives from the tax service, police, and municipal administration. On one of the weekends, they visited the central market, where they interacted with sellers and studied current prices for various products. During the visit, efforts were made to explain the unacceptability of artificially raising prices on socially
According to data from the Ministry of Economy, from January to September of the current year, the volume of foreign economic activity in Kyrgyzstan amounted to $11.3 billion, which is 8.3% lower than in the same period last year. The decrease in foreign economic turnover is associated with both a decline in export volumes and a reduction in imports. In particular, exports decreased mainly due to a sharp decline in supplies of live animals (by 8.2 times), footwear (by 4.3 times), copper waste
The Russian Academy of Sciences (RAS) has initiated a study regarding the possibility of transferring water from the Siberian river Ob to Uzbekistan. This information was published in an article by Forbes. Scientists intend to propose to the Ministry of Education and Science of Russia to include funding for the necessary research in the state plan.
According to information provided by Deputy Chairman of the National Statistics Committee Bakytbek Shokenov at a press conference in Bishkek, from January to October 2023, consumer prices and tariffs in the country increased by 7.1% compared to December of the previous year. In particular, there was a recorded increase in prices for food and non-alcoholic beverages by 7.4%, for alcoholic beverages and tobacco products by 6.7%, and for non-food goods by 5.6%.
During a working trip to the Naryn region, Minister Ibraev inspected the coal deposits of Kara-Keche and Ak-Ulak, which are managed by the Joint Stock Company "Kyrgyzkomur." He went there to assess information about the coal shortage received through social media and to check the situation on the ground, according to a statement from the press service of the Ministry of Energy. According to the Joint Stock Company "Kyrgyzkomur," since the beginning of 2025, 978,584 tons of
According to information announced by the Deputy Chairman of the National Statistical Committee, Bakytbek Shokenov, at a press conference in Bishkek, the average monthly salary in the country from January to September 2025 amounted to 42,757 soms. The highest growth in household income is observed in sectors such as real estate transactions, construction, scientific and technical services, public administration and defense, social security, healthcare, hospitality and restaurant business, as
In the Batken region, specifically in the Leilek district, India will provide a grant for the establishment of an IT Lab, as well as for the modernization of the infrastructure of the Primary Health Care Center (PHCC). This was announced by the Ministry of Energy and Commerce of the Kyrgyz Republic. The agency reported the signing of several memoranda:
The Ministry of Economy and Commerce of the Kyrgyz Republic held a meeting chaired by the First Deputy Prime Minister Daniyar Amangeldiev. Representatives of government agencies and the sewing industry participated in the discussion. The agenda included important issues regarding access for Kyrgyz products to the Russian market. Meeting participants noted that the tightening of control by Russian authorities has led to the current crisis. Measures to support domestic producers in both internal
Photo by Yegor Snetkov, "Kommersant" Due to concerns about rising prices associated with changes in the calculation of the recycling fee, huge queues of imported cars have formed at the Russian border. According to dealers' estimates, by the end of November, up to 4 thousand car carriers are expected to be at the border, transiting through Kazakhstan and Kyrgyzstan, reports the publication "Kommersant". The import of cars into Russia is mainly carried out through
Kyrgyzstan is actively developing the concept of year-round tourism by creating new mountain tourist clusters. This was reported by Damir Jumakanov, head of the international cooperation and tourism development department of the OJSC "Tourism Development Support Fund in the KR," on the air of Birinchi Radio. This year, the implementation of a significant project called "Three Peaks" began, aimed at modernizing the ski infrastructure.
As of October 30, 2025, under the initiative "Agricultural Financing-13" (AF-13), agricultural producers in Kyrgyzstan received preferential loans totaling 4,081.22 million soms. The Ministry of Finance reported that this program is aimed at supporting farmers and promoting the development of key sectors of agriculture.
At a hardware meeting chaired by Prime Minister Adylbek Kasymaliev, information was presented indicating that since the beginning of the year, the growth rate of real GDP has exceeded 10%. The highest growth rates are observed in the pharmaceutical sector, where the increase has reached 100%, as well as in food production, which has grown by 33.6%. Additionally, the production of rubber and plastic products, as well as construction materials, has increased by 33.8%. In the chemical industry,
A significant international exhibition "Kyrgyz EXPO 2025" took place in Bishkek, which, in essence, has no analogs in the Kyrgyz market. The event featured 150 companies and over 1,000 business participants from Kyrgyzstan, as well as from Russia, Kazakhstan, Uzbekistan, China, Turkey, Germany, Hungary, Iran, Italy, Mongolia, and other countries. The Vice President of the Chamber of Commerce and Industry of Kyrgyzstan, Avazbek Kerimbaev, noted in an interview with vb.kg that the
During the plenary session of the congress taking place in Almaty, Turgunbaev noted that there is a trend of reverse migration: many Kyrgyz citizens who previously worked in Russia are returning to their homeland. However, even with the increasing number of returnees, the republic still lacks labor, which forces the authorities to attract foreign specialists, as reported by Exclusive.kz.
As of November 17, the exchange rate of the National Bank of Kyrgyzstan is as follows: The dollar maintains its value at 87.45 soms. The euro is currently priced at 101.6 soms, while the ruble can be purchased for 1.7 soms and sold for 1.8 soms.
The Audit Chamber of the Kyrgyz Republic conducted an audit regarding the effectiveness of the electronic web portal for public procurement, which operates under the Ministry of Finance of the KR. The audit covered the period from January 1 to December 31, 2024, and its results revealed a number of issues related to coordination, control, and information security.
At a government meeting in Bishkek, the Chairman of the Cabinet of Ministers Adylbek Kasymaliev announced the results of the challenges initiated in August 2025 as part of the "Government Accelerators" program. He noted that the sharp increase in population in cities like Bishkek and Osh, as well as in some regions, has led to a significant burden on state educational institutions. This circumstance prompted the government to engage the private sector more actively in the education
According to data from the National Statistical Committee, from January to October 2025, the inflation rate in the country was 7.1 percent compared to December 2024. The highest price increase was observed in the services sector, where prices rose by 8.9 percent. Food and non-alcoholic beverages became 7.4 percent more expensive, alcohol and tobacco increased by 6.7 percent, and non-food goods rose by 5.6 percent.
According to the National Statistical Committee, in the first nine months of 2025, the volume of foreign trade of the Kyrgyz Republic amounted to 11.27 billion US dollars, which is 8.3% lower than in the same period in 2024. Exports of goods decreased by 25.7%, while imports fell by 3%.
In the Kyrgyz Republic, plans are in place to strengthen tax administration for large companies, as well as to introduce support measures for representatives of small and medium-sized businesses. This was reported on the air of Radio Sputnik by Nurbek Ismail uulu, head of the tax policy department of the Ministry of Economy and Commerce. He noted that within the framework of the EAEU, mandatory labeling of goods is regulated by the national laws of the member countries. Thus, in Russia, 21
Information was gathered from the official websites of various commercial banks. If you have questions regarding the presented 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 currency exchange and may change throughout the day.
From January to October of this year, Kyrgyzstan recorded an inflation rate of 7.1% compared to December of last year. This information was provided by the National Statistical Committee. The most significant price increase was observed in services for the population, where the growth was 8.9%. Food products and non-alcoholic beverages increased by 7.4%, while alcohol and tobacco products rose by 6.7%. Non-food goods increased in price by 5.6%.
Starting from January 1, 2026, important changes will come into effect in the Tax Code of Kyrgyzstan. This was announced by Nurbek Ismail uulu, head of the Tax Policy Department of the Ministry of Economy and Commerce, during a broadcast on Radio Sputnik. As part of these changes, a new mechanism for collecting tax arrears will be introduced, and the cancellation of debts accumulated before January 1, 2022, will be provided.
According to the National Statistical Committee, from January to October 2025, consumer prices in Kyrgyzstan increased by 7.1% compared to December 2024. Inflation for the first nine months was 5.5%. The main changes in prices since the beginning of the year relate to:
In the village of Kara-Zhyhach, a capsule was laid, paving the way for the construction of a new residential complex for civil aviation workers.
The Belgian depository Euroclear, which manages a significant portion of the frozen Russian assets in Europe, is targeting legal action against EU authorities if they decide to confiscate these assets to support Ukraine. This was reported by Euroclear's CEO, Valerie Urbain, in an interview with Le Monde. Photo by the media. CEO of Euroclear Valerie Urbain
Photo from the internet. The dollar remains in place, while the som continues to depreciate after the National Bank's intervention As of November 17 of the current year, changes in exchange rates are observed, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. The US dollar demonstrates stability, while the euro, Russian ruble, and Kazakh tenge show growth, and the Chinese yuan has depreciated. US Dollar:
The morning exchange rates for foreign currencies at the Moskovsky Soviet on November 17 are presented below:
According to the Eurasian Economic Commission, there is an increase in agricultural production volumes in Kyrgyzstan. From January to September 2025, the overall growth in the Eurasian Economic Union countries was 2.1% compared to the same period last year. The most significant growth was recorded in Kyrgyzstan, Kazakhstan, Armenia, and Russia, while Belarus experienced a decline in indicators.