Electricity Generation Has Started at the Waste Incineration Plant in Bishkek
Economy

Electricity Generation Has Started at the Waste Incineration Plant in Bishkek

A new waste incineration plant has been completed in Bishkek and has already begun operations. According to Daiyrbek Orunbekov, head of the information service of the presidential administration, this facility is already connected to the power grid and generates about 3.5 MW of electricity, with the potential to increase capacity to 18 MW by the end of the day, and eventually up to 30 MW.

28.11.2025, 13:08
Economy

Putin was asked about the trucks piled up at the Kazakhstan-Russia border

During a conversation with Russian journalists, Putin touched upon the issue of the large number of trucks waiting to cross the border with Kazakhstan. This was reported by "Kommersant". "Indeed, such a situation exists. The reason for this is that, at my initiative, the Customs Committee began conducting selective checks on the roads. In the process, it became clear that many of the trucks in question are crossing the border without the necessary documents," the president

28.11.2025, 12:43
90 Tons of Fish Dead: Businessman's Complaint and Police Comment
Economy

90 Tons of Fish Dead: Businessman's Complaint and Police Comment

Entrepreneur V. Kim contacted the editorial office of Kaktus.media with a complaint about the inaction of law enforcement agencies, which, according to him, are dragging out the investigation of the criminal case he initiated after appealing to the prosecutor's office. alt="90 tons of fish died: businessman's complaint and police reaction" /> On the night of August 11 to 12, 2025, over 90 tons of fish died in this water body, causing significant financial damage to the

28.11.2025, 12:14
Exchange rates in commercial banks of Kyrgyzstan on November 28
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 28

Information about currency exchange rates has been collected from the websites of various commercial banks. If you have any questions regarding the specified data, it is recommended to contact the banks directly. The data is current as of the time of publication. Please note that the rates are indicated for cash currency exchange and may change throughout the day.

28.11.2025, 11:57
Kyrgyzstan presented digital solutions in the field of trade at the forum in Tashkent
Economy / Exclusive

Kyrgyzstan presented digital solutions in the field of trade at the forum in Tashkent

On November 26, 2025, the Third Economic Forum "European Union - Central Asia" took place in Tashkent. The event gathered representatives from governments, businesses, and international organizations to discuss key areas of economic cooperation between the countries of the region and the EU. According to the Ministry of Economy of the Kyrgyz Republic, the delegation was headed by Deputy Prime Minister Bakyt Torobaev. In his address, he emphasized the importance of developing

28.11.2025, 11:26
Economy / Exclusive

In 1000 villages of Kyrgyzstan, solar power plants will be built, - head of the State Committee for National Security

In Kyrgyzstan, the construction of solar power plants is planned in 1000 villages Turmush — Kamchybek Tashiev, the chairman of the State National Security Committee and deputy chairman of the Cabinet of Ministers, announced the intention to install solar power plants with a capacity of 1 megawatt in 1000 villages of Kyrgyzstan during a meeting with residents of the Kemin district. Tashiev noted that there is a significant shortage of electricity in the country, which has resulted from increased

28.11.2025, 10:51
Economy / Exclusive

The first layer of asphalt has been laid on the Lebedinovka-GES-5 highway.

On the Lebedinovka-GES-5 highway, which is 4.4 km long, the first layer of asphalt has been laid. According to information received from the press service of the Ministry of Transport and Communications, the category of the road has been changed during the reconstruction, and the number of lanes has been increased from two to four. As part of the project, work on the construction of sidewalks, installation of lighting, and repair of significant bridge structures is also actively ongoing.

28.11.2025, 10:50
Passenger traffic between Russia and Kyrgyzstan has increased by 50 percent - Overchuk
Economy

Passenger traffic between Russia and Kyrgyzstan has increased by 50 percent - Overchuk

In the first nine months of 2025, passenger traffic between Russia and Kyrgyzstan increased by 50%. This was reported by the Deputy Prime Minister of the Russian Federation, Alexey Overchuk, at a press conference in Bishkek, also noting the growth of cargo traffic. Photo from the archive. Deputy Prime Minister of the Russian Federation Alexey Overchuk and President of Kyrgyzstan Sadyr Japarov

28.11.2025, 10:48
Economy / Exclusive

Construction of the paid bypass road Bishkek—Kemin has begun for 65 million dollars, - Tashiev

The Deputy Prime Minister and the Chief of the State National Security Committee, Kamchybek Tashiev, announced the start of construction of a bypass road connecting Bishkek and Kemin during a meeting with local residents. The total cost of this project is 65 million dollars. "Recently, residents have been increasingly complaining about traffic jams in the city, especially when leaving Kant and entering Bishkek. Currently, we are working on the construction of the Kemin—Bishkek bypass road.

28.11.2025, 10:06
The catfish has fallen in price against all major currencies except the dollar. Exchange rate as of November 28.
Economy

The catfish has fallen in price against all major currencies except the dollar. Exchange rate as of November 28.

Image from the internet. The Russian ruble is starting to rise again, compensating for its recent decline According to the National Bank of Kyrgyzstan and exchange points in Bishkek, as of November 28, the exchange rates for the euro, Russian ruble, Kazakh tenge, and Chinese yuan have shown an increase, while the dollar has remained at the same level. US Dollar:

28.11.2025, 09:03
Economy

The President of Russia stated that "black imports" are the reason for the queues of trucks at the border.

Vladimir Putin, the President of the Russian Federation, commented on a pressing issue: the long queues of trucks at the border with Kazakhstan. He noted that selective inspections had been conducted, which revealed that many vehicles were crossing the border without the necessary documents, according to media reports. “We have a common market, but every truck must have the appropriate set of documents. It is essential to understand where the goods are located and who is responsible for paying

28.11.2025, 08:56
Economy

The head of the GKNB compared the work of "Kumtor" before Sadyr Japarov and after his election as president.

At a meeting with the residents of Kemin, Kamchybek Tashiev noted that over 30 years of operation, "Kumtor" contributed $100 million to the state budget, and during the period of external management from 2021 to 2025, this amount increased to $1 billion. Tashiev expressed bewilderment regarding the extent of damage caused to the state. "Canadian investors managed the gold extraction, carried out its export themselves, providing inaccurate data on the volumes produced, which our

27.11.2025, 20:49
Economy / Exclusive

Over 400 km of roads in the Osh region have been paved with new asphalt

From January to November 2025, the construction of over 400 kilometers of asphalt roads was completed and put into operation in the Osh region. According to information provided by the presidential representative in the Osh region, Elchibek Jantaev, 144 kilometers of roads were built in 2024. In the current year, as of 11 months, this figure has significantly increased and exceeded 400 kilometers. Additional road works are planned to be completed by the end of the year.

27.11.2025, 18:16
Economy

Despite the shortage, electricity production is growing in Kyrgyzstan

According to data provided by the National Statistical Committee, from January to October 2023, the country produced 10.5% more electricity compared to the same period last year. In total, 12 billion 225.4 million kWh were generated over the 10 months, while in 2022 this figure was 11 billion 55.4 million kWh. In September, Energy Minister Talaybek Ibraev noted that the upcoming winter would be the most challenging for Kyrgyzstan. Since then, the country has begun to actively implement measures

27.11.2025, 16:09
Economy

The profit of Kyrgyzstan's financial sector has nearly doubled

According to the data from the Financial and Price Statistics Department of the National Statistics Committee, the profit of financial institutions in Kyrgyzstan nearly doubled from January to September 2025 compared to the same period in 2024. During the nine months of 2025, the total profit of the sector exceeded 64 billion soms. The main driver of this growth was the National Bank: about 61% of organizations demonstrated profitability, while around 15% incurred losses.

27.11.2025, 16:00
Economy

Tashiev spoke about two deposits with resources worth $10 billion. And recalled Atambaev

Tashiev noted that the Dolpran deposit in the Kemin district has immense value; however, the licenses for its development were transferred free of charge. According to him, one of the companies sold these licenses for $32 million, but the state received not a penny, while the declared value of the resources is about $10 billion. He expressed dissatisfaction that, despite the high revenues from the deposits, the state has no share, and emphasized that taxes are a legal obligation. "It is

27.11.2025, 15:22
The Death of Fish in the Issyk-Ata District. Businessman Complains About Law Enforcement Inaction
Economy

The Death of Fish in the Issyk-Ata District. Businessman Complains About Law Enforcement Inaction

Entrepreneur V. Kim contacted the editorial office of Kaktus.media with a complaint about the inaction of law enforcement agencies and the delay in the criminal case he reported to the prosecutor's office. alt="Mass fish death in the Issyk-Ata district: the businessman is dissatisfied with the work of law enforcement agencies" /> According to him, as a result of the incident, he incurred significant losses, which, according to preliminary estimates, exceed 20 million soms. The

27.11.2025, 14:59
Economy

For every 100 working-age people in Central Asia, there are about 60 dependents.

Demographic changes in Central Asia play a key role in shaping the economic and social future of the region. According to the report "Generation-2050 in Central Asia," developed with the support of UNICEF, over 50% of the population in the five countries—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan—are under 30 years old. This information was provided by the UN News Service. It is noted that having a young population presents a unique opportunity for obtaining a

27.11.2025, 14:13
GSAI: Kyrgyzstan Updates Its Audit System and Approaches IAASB Standards
Economy

GSAI: Kyrgyzstan Updates Its Audit System and Approaches IAASB Standards

At the event held in the capital, representatives of the Accounts Chamber of Kyrgyzstan, the Polish Supreme Audit Office, the INTOSAI Development Initiative (IDI), the European Union delegation, and other international partners noted the achievements of the GSAI project, which supports the reform of state audit in the country.

27.11.2025, 14:06
Economy

Kyrgyzstan Remains a Leader in the EAEU in Terms of Growth in Housing Commissioning

According to the report by the Eurasian Economic Commission, from January to September, 94 million 738.5 thousand square meters of housing were commissioned in the EAEU countries. While there is an overall decline of 3.1% in this indicator across the EAEU compared to the same period last year, significant growth was noted in Armenia and Kyrgyzstan: in Armenia, it amounted to 84.9%, and in Kyrgyzstan - 34.3%. Belarus and Kazakhstan demonstrated more modest growth rates of 9% and 3.6%,

27.11.2025, 13:45
Chinese companies will build three waste incineration plants in Kazakhstan
Economy

Chinese companies will build three waste incineration plants in Kazakhstan

Kazakhstan and Chinese investors have signed an agreement under which three waste incineration plants will be built in Astana, Almaty, and Shymkent. Acting Minister of Ecology and Natural Resources Zhomart Aliyev announced an investment volume of 293 billion tenge and a construction period of two years at a government meeting on Tuesday.

27.11.2025, 12:28
Economy

The National Bank held two auctions for the placement of short-term securities.

The National Bank of Kyrgyzstan recently held two auctions, during which short-term securities known as notes were successfully placed. The volume of these placements was twice the usual figures for the current year, as stated in the official announcement from the regulator. The regulator noted that the placement of short-term bonds is an important tool for managing the money market.

27.11.2025, 11:38
Exchange rates in commercial banks of Kyrgyzstan on November 27
Economy

Exchange rates in commercial banks of Kyrgyzstan on November 27

Information about currency exchange rates has been collected from the official websites of commercial banks. If you have any questions, it is advisable to contact the banks directly for clarification of the provided data. The data is current as of the time of publication. The indicated rates pertain to cash currency exchange and may change throughout the day. The official rates of the National Bank of the Kyrgyz Republic, as well as the rates at exchange offices in Bishkek, are available here.

27.11.2025, 11:34
Economy

Products in the Stratosphere? Kaktus.media Readers on What Has Increased in Price the Most in the Country

In Kyrgyzstan, there is a rise in food prices. According to official information, sunflower oil has significantly increased in price in recent months, and citizens are actively complaining about the sharp jump in the cost of chocolate. Which products are causing the most dissatisfaction among the population? Everything is getting more expensive? The editorial team conducted a survey on Instagram Stories, asking the question: "Which products do you think have increased the most in price

27.11.2025, 10:21
In Osh, key steps for Kyrgyzstan's transition to green tourism have been outlined
Economy / Exclusive

In Osh, key steps for Kyrgyzstan's transition to green tourism have been outlined

The forum "Green Economy" took place in Osh, where a meeting was held gathering representatives from government agencies, international organizations, the tourism business, and experts, dedicated to issues of sustainable tourism and reducing the carbon footprint. This was reported by the Ministry of Economy and Commerce of the Kyrgyz Republic. During the discussion, important steps for the development of sustainable tourism in the country were considered. Key topics included:

27.11.2025, 10:12
KFB Expands Investor Participation in Deposit Auctions
Economy

KFB Expands Investor Participation in Deposit Auctions

The Kyrgyz Stock Exchange (KFB) has announced the expansion of its services, including the organization of auctions for placing funds in deposits at commercial banks and microfinance institutions, according to information from the exchange's press service.

27.11.2025, 09:53
Russian expert assessed the pace of development of Kyrgyzstan as enviable
Economy

Russian expert assessed the pace of development of Kyrgyzstan as enviable

According to Andrey Grozin, a senior researcher at the Institute of Oriental Studies of the Russian Academy of Sciences, Kyrgyzstan demonstrates impressive growth rates that distinguish the country among other post-Soviet republics. He shared his observations with journalists, noting that the macroeconomic indicators of Kyrgyzstan are indeed enviable.

27.11.2025, 09:41
Economy

The authorities of Kyrgyzstan have increased spending on civil servant salaries

From January to October of the current year, budget expenditures on salaries for civil servants amounted to 111 billion 678.5 million soms, according to data from the Ministry of Finance. Of this amount, 110 billion 473.2 million soms were allocated for the salaries of permanent employees, of which 60.7 billion soms were basic salaries, 26.8 billion were allowances, and 22.8 billion were additional payments and compensations.

27.11.2025, 09:40
Economy / Exclusive

Prices for hay have changed at the livestock market in Kara-Balta

At the end of November, new prices for rough feed were recorded at the livestock market in Kara-Balta. Clover now costs 380–400 soms per bale, while the price of straw fluctuates between 180–200 soms. Farmers note a significant increase in feed prices: compared to the harvest period, the cost has risen by 50–80 soms per bale. The main factors affecting the final price for buyers are intermediaries.

27.11.2025, 09:22
The ruble stopped rising and depreciated, the euro became more expensive. Currency exchange rates as of November 27.
Economy

The ruble stopped rising and depreciated, the euro became more expensive. Currency exchange rates as of November 27.

Photo from the internet. After reaching records in November, the ruble's exchange rate began to decline Based on information provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, it has become known that the official exchange rates for the euro and the Chinese yuan have increased, while the exchange rate for the Russian ruble has decreased. The US dollar and the Kazakh tenge remained stable. US Dollar:

27.11.2025, 09:04
Economy

Central Asian countries can create more high-quality jobs - WB

According to the World Bank, a 10% increase in labor productivity in Central Asia could lead to the creation of about 2 million jobs and contribute to accelerating the growth of gross domestic product (GDP). This information is contained in the report "Transformation Tools: Stimulating Productivity Growth in Europe and Central Asia." Experts emphasize that simply increasing the number of workers and capital investments will not yield the desired results without improving the

27.11.2025, 08:31
Economy

Kyrgyzstanis have started to spend less on vacations abroad

In the first nine months of the current year, the expenses of Kyrgyz citizens for foreign trips amounted to $423.3 million. This data was announced by the National Statistics Committee. Compared to the same period last year, it is evident that expenses decreased by $4.1 million.

27.11.2025, 08:25
Economy

Russia has fulfilled all of Kyrgyzstan's requests for fuel supply - Amangeldiev

The Deputy Prime Minister of Kyrgyzstan, Daniyar Amangeldiev, reported that all of the country's requests for the supply of fuel and lubricants (F&L) have been fully satisfied by Russia. According to him, there have been no issues with the supplies. Additionally, during the negotiations, the parties signed an indicative balance for 2026, which provides for an increase in supply volumes.

27.11.2025, 07:42
Economy

In Kyrgyzstan, revenues from mining tax payments have doubled

According to the report from the Ministry of Finance, revenues from the mining tax in Kyrgyzstan doubled from January to October 2025. This year, 87.4 million soms were transferred to the state budget from the mining tax. In comparison, during the same period in 2024, the amount was only 42.6 million soms. Thus, in the first ten months of the current year, tax revenues have already exceeded the total amount collected for the entire year of 2024, when only 53 million soms were collected.

27.11.2025, 07:22
Economy

Kyrgyz Stock Exchange Holds Deposit Auctions

The Kyrgyz Stock Exchange (KSE) has announced the launch of new deposit auctions aimed at placing funds in commercial banks and microfinance organizations. This was reported by the exchange's press service. The KSE already has positive experience in conducting such auctions, which allows for hopes of successful development of this initiative.

26.11.2025, 23:17
Economy

Burned Apartments in Osh High-Rise Fully Restored at City’s Expense

Today, November 26, the Osh City Hall announced the completion of the restoration of apartments that were damaged by a fire in a multi-story building on Mamatzakova Street. These apartments have been returned to their owners. Let us remind you that on October 19, a fire occurred in the same building at 226 Mamatzakova Street, which severely damaged the upper 13th floor. Firefighters were able to localize the fire; however, significant damage was still inflicted. In response to this situation,

26.11.2025, 22:17
Russia is exploring the possibility of building the first nuclear power plant in Kyrgyzstan
Economy / Exclusive

Russia is exploring the possibility of building the first nuclear power plant in Kyrgyzstan

During his state visit to Kyrgyzstan, which took place the day before, Russian President Vladimir Putin announced the intention of "Rosatom" to begin large-scale reclamation of uranium mining sites. This statement was made after a meeting at "Yntymak Ordo" in Bishkek, where issues of economic cooperation and trade were discussed, and several bilateral agreements were signed. Additionally, Putin noted that Russia is considering the possibility of constructing the first

26.11.2025, 19:46