Economy

In the EAEU, phytosanitary control has been tightened due to the use of fake documents

The Council of the Eurasian Economic Commission has approved new rules regarding phytosanitary control within the EAEU. According to information from the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, the changes in the rules address situations where phytosanitary certificates list recipients of quarantine products who do not actually accept the goods.

17.02.2026, 06:41
Economy

Kazakhstan Became the Leader of the EAEU in Gasoline Price Growth

According to information from the Eurasian Economic Commission (EEC), Kazakhstan became the leader among the EAEU countries in 2025 for the growth of retail gasoline prices, which increased by 15.7 percent from January to December. This was reported by Orda.kz. In second place was Kyrgyzstan with a price increase of 15.1 percent, while Russia took third place with an increase of 10.8 percent. In Belarus, the cost of gasoline rose by 6.7 percent, whereas Armenia saw a price decrease of 0.8

16.02.2026, 21:46
Spanish company building eco-friendly homes wants to collaborate with Kyrgyzstan
Economy

Spanish company building eco-friendly homes wants to collaborate with Kyrgyzstan

At a meeting held at the National Investment Agency under the President of the Kyrgyz Republic, representatives of the Spanish company Solartec World Company S.L. discussed the possibility of implementing investment projects in the country. According to the agency's press service, during the meeting, issues such as the installation of photovoltaic panels for solar electricity generation and the construction of a factory for the production of quickly erected eco-friendly houses in the free

16.02.2026, 19:48
Economy

In the first 11 months of 2025, corn imports from Turkey increased by 19%

In the first 11 months of 2025, Kyrgyzstan increased its corn imports from Turkey by 19%, according to information provided by the National Statistical Committee. During this period, 400 tons of corn were imported from Turkey, costing $1.9 million. This is 32% more compared to the same period in 2024, when the import volume was 335 tons worth $1.6 million.

16.02.2026, 19:30
Foreign tourists traveling to Naryn region have insured themselves with GSO
Economy

Foreign tourists traveling to Naryn region have insured themselves with GSO

The State Insurance Organization provided insurance for 38 participants of the international media tour. The GSO issued insurance policies for 38 participants of the press tour titled "Naryn - Winter Fairy Tale," with a total insurance amount of three million eight hundred thousand soms, which is equivalent to one hundred thousand soms for each participant.

16.02.2026, 18:34
Economy

Hotel Sector of Central Asia. What the Countries of the Region Can Offer Tourists

The consulting company Commonwealth Partnership Uzbekistan has analyzed the hotel market in Central Asia. The region is becoming increasingly attractive to tourists, and the number of people wishing to visit it is growing. As a result, the demands for service quality, including hotels, are also rising. Forecasts indicate that over the next five years, the supply of hotel rooms will increase. However, each country in the region will develop on its own path, and Kyrgyzstan is expected to show the

16.02.2026, 18:06
Mongolian meat will enter the Kyrgyzstan market with reduced tariffs
Economy

Mongolian meat will enter the Kyrgyzstan market with reduced tariffs

Kyrgyzstan and Mongolia are on the verge of implementing a new preferential trade regime, which is expected to have a significant impact on food prices. On February 16, during a meeting of the relevant committee of the Jogorku Kenesh, deputies reviewed and approved in the first reading the ratification of the agreement signed last summer.

16.02.2026, 17:40
The national debt of Kyrgyzstan has closely approached 9 billion dollars.
Economy

The national debt of Kyrgyzstan has closely approached 9 billion dollars.

During the meeting of the relevant committee of the Jogorku Kenesh on February 16, Deputy Minister of Finance Nurbek Akjolov answered a question from Deputy Dastan Bekeshev, providing fresh information about the state debt. Currently, the total amount of Kyrgyzstan's state debt is 8 billion 850 million dollars.

16.02.2026, 17:34
Economy

Talas will receive over 1 billion soms from the state budget

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, held on February 16, Deputy Minister of Finance Zhibek Duyisheva presented the cabinet's order for the allocation of these funds. Of the total amount, 910 million soms will be allocated for the capital repair and construction of new roads, while 180 million will be used for the leasing of 30 electric buses.

16.02.2026, 17:05
Economy

MDS Opposes New Pricing Law, Calling It a Blow to Business

The International Business Council (IBC) of Kyrgyzstan has criticized the draft law "On Amendments to the Law of the Kyrgyz Republic 'On Pricing'" proposed by the government. Experts are confident that the new amendments could pose serious threats to economic stability, the investment climate, and the development of key sectors, including telecommunications. According to the draft, government bodies will have the right to set prices for goods and services for a period of up

16.02.2026, 17:00
PKI summed up the results of almost two years of work: the revenue of residents exceeded 2 billion soms
Economy

PKI summed up the results of almost two years of work: the revenue of residents exceeded 2 billion soms

The Director of the Creative Industries Park (CIP), Kanyshai Mamytova, presented the results of the park's work, which was established in April 2024. This year, the number of residents increased to 155, and by the beginning of 2026, it reached 165. Initially, in June 2024, the park began accepting applications, and already in the third quarter of that year, 21 residents reported revenue of 43.5 million soms.

16.02.2026, 16:45
Economy

Turnover in Trillions: How is the Market for Virtual Assets in Kyrgyzstan Developing?

In 2025, the cryptocurrency market in Kyrgyzstan reached significant heights. The country's president, Sadyr Japarov, held a series of high-level meetings, including a meeting with the founder of Binance. That same year, the national stablecoin USDKG was launched, and changes were made to the legislation. Growth of TurnoverThe virtual assets sector began to actively develop in Kyrgyzstan starting in 2022. During this period, the number of participants working with virtual assets increased

16.02.2026, 16:27
Economy

Investments in fixed assets increased by 17.9% in January

In January 2026, 6 billion soms were invested in fixed capital, which is 17.9% more than in the same month of the previous year. This was announced at a press conference by the First Deputy Chairperson of the National Statistical Committee, Nazira Kerimalieva. Kerimalieva noted that the growth in investment volume was made possible by an increase in both domestic sources of financing, which rose by 14.8%, and external sources, which increased by 1.6 times.

16.02.2026, 16:25
Economy

In January, Kyrgyzstan's GDP grew by 9%, reaching 125.7 billion soms

- According to preliminary data, the gross domestic product of Kyrgyzstan in January 2026 amounted to 125.7 billion soms, which is 9% more compared to January 2025. This information was reported on February 16 by the First Deputy Chairperson of the National Statistical Committee, Nazira Kerimalieva. She noted that the GDP growth is attributed to an increase in production volumes in commodity sectors, the development of the service sector, as well as an increase in tax revenues from products.

16.02.2026, 16:24
In Batken, investments, infrastructure, and the quality of public services were discussed
Economy

In Batken, investments, infrastructure, and the quality of public services were discussed

In Batken, a meeting of the board took place, during which the Deputy Prime Minister and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev presented the results of the socio-economic development of the region for 2025 and outlined priority tasks for the future. The main focus of the participants was on key issues related to the implementation of both national and regional programs, as well as progress in the execution of infrastructure and social projects. Topics

16.02.2026, 15:55
In 2025, Kyrgyzstan's trade decreased by 11.2 percent - to $15.8 billion
Economy

In 2025, Kyrgyzstan's trade decreased by 11.2 percent - to $15.8 billion

According to the National Statistical Committee, Kyrgyzstan's foreign trade in 2025 amounted to $15 billion 825 million, which represents a decrease of 11.2% compared to 2024. Decrease in Export Supplies The key factor for this decline was a sharp reduction in export volumes, which fell by 44.5% to only $2 billion 852.1 million.

16.02.2026, 15:54
Money transfers in Kyrgyzstan correspond to 15% of GDP
Economy

Money transfers in Kyrgyzstan correspond to 15% of GDP

According to research conducted by experts from the Eurasian Development Bank, the volume of money transfers to Kyrgyzstan may reach 3.5 billion dollars by 2025. This data was published in the weekly macro review of this multilateral financial institution. Analysts noted that compared to 2024, there is a record increase in transfers at the level of 16.8%, which is primarily related to inflows from Russia.

16.02.2026, 15:36
The Cabinet has eliminated VAT on feed for fish farms until the end of 2027
Economy

The Cabinet has eliminated VAT on feed for fish farms until the end of 2027

The Cabinet of Ministers of the Kyrgyz Republic has made changes to the resolution concerning measures to ensure food security and stabilize prices in the market. The signing of this decision was carried out by the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev. The purpose of this document is to support local producers, strengthen food security, and stabilize prices for food products to ensure the normal functioning of the domestic market, as well as to improve the quality of

16.02.2026, 15:33
A mechanism for protecting salaries from inflation proposed in the Jogorku Kenesh
Economy

A mechanism for protecting salaries from inflation proposed in the Jogorku Kenesh

Since February 6, 2026, a draft law "On Amendments to the Labor Code of the Kyrgyz Republic" has been put up for public discussion. Deputy of the Jogorku Kenesh Gulnara Akimbaeva is the initiator of this proposal. The main goal of developing this document is to establish a mechanism for salary indexing at the legislative level, which will help maintain its real purchasing power. The draft proposes the introduction of uniform legal norms for salary indexing in non-budgetary

16.02.2026, 15:29
PKI supports the development of the creative economy through a preferential tax regime
Economy

PKI supports the development of the creative economy through a preferential tax regime

In Kyrgyzstan, the Creative Industries Park (CIP) actively promotes the development of the creative economy by offering special tax incentives. This was stated by the director of the CIP, Kanyshay Mamytova, who explained that the park covers all aspects of the creative industry. The CIP was established by the Association of Creative Industries, which initiated the creation of this regime. In 2022, at the Create 4 festival, attended by the country's president, the potential of the creative

16.02.2026, 15:26
Economy

The Housing Committee approved in the second reading a loan and grant from the International Development Association/International Bank for Reconstruction and Development for $31.79 million.

At the meeting of the Committee on International Affairs, Defense, Security, and Migration of the Jogorku Kenesh, held on February 16, 2026, the deputies approved in the second reading the draft law concerning the ratification of the Financing Agreement and the Grant Agreement for the "Phase 1" project under the "One Health" Program for the Kyrgyz Republic. This project aims to prevent pandemics, strengthen food systems, and protect ecosystem health in Central Asia. The

16.02.2026, 15:02
Economy

The Housing Committee approved the agreement with Italy on the encouragement and protection of investments in the second reading.

At the meeting of the Committee on International Affairs, Defense, Security, and Migration of the Jogorku Kenesh, held on February 16, 2026, the deputies adopted in the second reading a draft law concerning the ratification of the Agreement between the Kyrgyz Republic and the Italian Republic. This document, signed on May 30, 2025, in Astana, is intended to promote and protect investments. The main objective of the Agreement is to create a legal framework that facilitates the attraction of

16.02.2026, 15:01
Economy

The GDP of Kyrgyzstan in January 2026 amounted to 125.7 billion soms

According to preliminary data, the gross domestic product of Kyrgyzstan in January 2026 amounted to 125 billion 718.1 million soms. This is 9 percent more than in the same month of 2025, as reported by the National Statistical Committee. At the same time, in 2025, GDP growth was 11.1 percent.

16.02.2026, 14:32
Economy

The deputy is inquiring about the size of Kyrgyzstan's external debt.

- During the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, held on February 16, 2026, Dastan Bekeshev expressed interest in the current size of Kyrgyzstan's external debt. In response to his question, Deputy Minister of Finance Nurbek Akzholov reported that the total state debt of the country amounts to 8 billion 850 million dollars. Of this amount, 5.2 billion dollars is external debt, while the internal debt stands at

16.02.2026, 14:26
Economy

The Ministry of Finance named Kyrgyzstan's national debt

At the meeting held on February 16, dedicated to finance, budget, and entrepreneurship, Nurbek Akzholov presented a draft agreement with the International Development Association. Under this agreement, it is planned to allocate $1 billion 26 million 760 thousand to Kyrgyzstan from 2026 to 2028. Of this amount, as clarified by the Deputy Minister, $32.7 million will be provided as a grant, and $994 million will be in the form of a loan for 25 years with an interest rate of 1.5% and a grace

16.02.2026, 13:51
Economy

The Jogorku Kenesh will consider a bill on Wednesday allowing farmers to grow medicinal plants on agricultural land.

- On Wednesday, February 18, the Jogorku Kenesh will discuss a draft law that allows farmers to grow medicinal plants on agricultural land. This information is included in the agenda of the meeting posted on the parliament's website. The initiator of this regulatory act is the Ministry of Agriculture. The amendments were submitted to the parliament on January 22.

16.02.2026, 13:44
Economy

MAR allocates over $1 billion to support the economy, energy, and water

The Ministry of Finance has presented to the parliament a draft agreement on financing for the years 2026-2028, which was developed in collaboration with the International Development Association. At a meeting of the Committee of the Jogorku Kenesh on Finance, Entrepreneurship, and Competition Development, Deputy Minister of Finance Nurbek Akjolov noted that this agreement involves the allocation of a sum of $1 billion 26 million 760 thousand. Of this amount, $32.7 million consists of grants,

16.02.2026, 13:34
Dismantling of Equipment Has Begun at the Mailuu-Suu Electric Lamp Plant
Economy

Dismantling of Equipment Has Begun at the Mailuu-Suu Electric Lamp Plant

The situation with employees on unpaid leave remains unclear According to reports from local residents on social media, the dismantling of equipment has begun at the Mailuu-Suu electric lamp factory. The equipment being removed has raised concerns among Kyrgyz citizens, who are questioning the future of the enterprise after these works are completed.

16.02.2026, 13:28
Economy

If there are only three auditors, will it be easier to exert pressure on them? - Deputy

Deputy Dastanbek Jumabekov expressed his concerns about a potential conflict of interest during a meeting of the committee of the Jogorku Kenesh that deals with finance, budget, entrepreneurship, and competition development. He noted that a reduction in the number of auditors could lead to increased pressure on them. “If there are only three auditors, will this not be a reason for pressure on them? How will the Council of the Audit Chamber function if you appoint subordinates there at the

16.02.2026, 12:50
Economy

ITS Shariah Member Announces Launch of Shariah Investment Fund for Kyrgyzstan

- At a press breakfast in Bishkek, Akzhigit Kokoев, representing the Shariah Supervisory Board of ITS Shariah, announced the launch of a new investment fund, ITSHARIA ITS, which provides Kyrgyz investors with a unique opportunity. According to him, this instrument will allow access to international financial markets, offering a diversified investment model that complies with Islamic standards.

16.02.2026, 12:37
Kyrgyzstan Completes Integration into the Unified Control System of the EAEU
Economy

Kyrgyzstan Completes Integration into the Unified Control System of the EAEU

The Ministry of Agriculture of Kyrgyzstan has announced the completion of an important stage in the integration process aimed at creating a unified digital space with the EAEU member states. According to the press service of the ministry, 15 key processes have already been covered, relating to four main areas, including veterinary control and seed production.

16.02.2026, 12:00
Exchange rates in commercial banks on February 16
Economy

Exchange rates in commercial banks on February 16

The National Bank of Kyrgyzstan has set the following foreign exchange rates for February 16: The dollar's value remained at the same level, while the euro decreased in price, and the ruble increased in value.

16.02.2026, 11:45
SCO Countries to Strengthen Cooperation in the Field of Plant Quarantine
Economy

SCO Countries to Strengthen Cooperation in the Field of Plant Quarantine

The online meeting organized by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan gathered representatives from the Shanghai Cooperation Organization (SCO) member states. The negotiations were led by M.B. Asybekov, Deputy Director of the Department of Chemicalization, Protection, and Plant Quarantine, as reported by the ministry's press service. The main goal of this event was to preliminarily discuss the upcoming Meeting of Ministers and Heads of

16.02.2026, 11:37
Hookah Bars in Kyrgyzstan May Be Legalized
Economy

Hookah Bars in Kyrgyzstan May Be Legalized

The Ministry of Economy and Commerce has presented a draft law that will be discussed with the public and aims to amend a number of legal acts related to the regulation of hookah establishments. According to the department, the goal of the document is to improve the legal regulation of this sector, legalize the operation of hookah bars, reduce corruption risks, and increase budget revenues while simultaneously caring for the health of citizens. This project is the result of an instruction

16.02.2026, 11:20
Economy

"Freedom Bank Kazakhstan" has abandoned the idea of creating a subsidiary in Kyrgyzstan

According to Forbes Kazakhstan, "Freedom Bank Kazakhstan" has decided not to open a subsidiary in Kyrgyzstan. In the bank's statement, it is mentioned that as part of the updated international strategy, there are currently no plans to establish a subsidiary bank in Kyrgyzstan. However, the organization continues to study the market in terms of long-term regional development. The bank is currently focusing its efforts on analyzing other foreign directions identified as a result of

16.02.2026, 10:57
At the IEC, measures to support the textile industry were discussed at the president's request.
Economy

At the IEC, measures to support the textile industry were discussed at the president's request.

An extended meeting was held at the Ministry of Economy and Commerce dedicated to measures supporting the textile industry, organized at the request of President Sadyr Japarov on January 21, 2026. The meeting was attended by Deputy Ministers of Economy and Commerce Iskender Asylkulov and Benazir Nurlanova, as well as representatives of relevant government structures and businesses. During the event, the results of the work of government agencies and the measures taken to implement the

16.02.2026, 09:57
Exchange rates in commercial banks of Kyrgyzstan as of February 16
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 16

Information about currency exchange rates was collected from the websites of commercial banks. If you have any questions regarding the presented data, it is recommended to contact these financial institutions directly. It should be noted that the information is current as of the time of publication. The indicated rates pertain to cash currency exchange and may change throughout the day. Official rates established by the National Bank of Kyrgyzstan, as well as currency exchange rates in

16.02.2026, 09:51
Economy

In 2026, Russia plans to supply Kyrgyzstan with 1.5 million tons of petroleum products.

Russia plans to supply 1.5 million tons of fuel and lubricants (F&L) to Kyrgyzstan in 2026, said Sergey Vakunov, the Extraordinary and Plenipotentiary Ambassador of the Russian Federation in Bishkek. According to him, the preliminary supply balance for 2026 was agreed upon at the level of 2025 and includes 650 thousand tons of gasoline, 550 thousand tons of diesel fuel, 150 thousand tons of aviation fuel, 50 thousand tons of oil, and 60 thousand tons of bitumen.

16.02.2026, 09:35