Economy

Exchange Rate: Banks Sell the Dollar for 87.75-87.8 Som

- As of February 16, 2026, at 8:30, the US dollar is quoted in Kyrgyz banks at a price of 87.25-87.45 soms (buying) and 87.75-87.8 soms (selling). The euro is presented on the market at a price of 103-103.5 soms for buying and 104-104.5 soms for selling.

16.02.2026, 08:01
Economy

A fast payment system will be launched in Kyrgyzstan in the near future.

In the near future, a fast payment system will be introduced in Kyrgyzstan, as announced by the Deputy Chairman of the National Bank, Medet Tairov, at a business breakfast organized by the Russian-Kyrgyz Development Fund. He noted that work is actively underway to improve the accessibility, speed, and security of financial services.

16.02.2026, 07:55
Economy

The Cabinet found a contractor for the construction of multi-storey buildings on the territory of the former liquor and vodka factory in Bishkek.

- In accordance with order No. 64-r dated February 6, 2026, the Cabinet of Ministers instructed the State Mortgage Company (GIK) to explore the possibility of entering into an investment agreement with a private entrepreneur for the implementation of a new residential complex in Bishkek. The project involves the creation of a multifunctional residential complex on a plot of 1.5 hectares, located at: Bishkek, Abdrahmanova St., 220 - on the territory of the former liquor and vodka factory.

16.02.2026, 07:51
Economy

Preferential tariffs for coal transportation by rail for the Bishkek CHPP have been established

The head of the Cabinet of Ministers of Kyrgyzstan, Adylbek Kasymaliev, signed an update to the resolution dated May 28, 2025, No. 282, concerning the preparation of the economy for the autumn-winter season of 2025/2026. As a result, preferential tariffs for railway transportation of coal for the Bishkek thermal power plant were established. According to the amendments made, the mechanism for tariff regulation for coal transportation directed to the capital's thermal power plant has

16.02.2026, 07:48
Economy

Infographic: Kyrgyzstan Leads the EAEU in Prices for Carrots, Beets, Potatoes, and Apples

According to information provided by the Eurasian Economic Commission, Kyrgyzstan stands out among the EAEU countries for its high price levels on the following products: Carrots: $570 per ton — 10% more expensive than in Armenia and three times more expensive than in Kazakhstan. Beets: $497 per ton — 2.3 times more expensive than in Russia. Potatoes: $373 per ton — 2.5 times more expensive than in Belarus. Onions: $329 per ton — ranks third, close to the average level. Special attention should

16.02.2026, 02:46
Economy

Freedom Bank has abandoned plans to open a subsidiary bank in Kyrgyzstan

The decision to create a subsidiary bank in Kyrgyzstan has been canceled, as reported by representatives of Freedom Bank Kazakhstan. The reason for this step was a reassessment of the company's international strategy, as stated in a message from the bank's press service, according to Forbes Kazakhstan. The company noted that at this time, plans to open a bank in Kyrgyzstan are not relevant; however, they continue to analyze the market situation for long-term regional development.

15.02.2026, 19:22
Economy

Rosselkhoznadzor monitored the export of timber to several countries, including Kyrgyzstan.

- From January 1 to January 31, more than 19.2 thousand cubic meters of timber were exported from the Tomsk region, the majority of which was sent abroad. Inspectors of the agency issued 355 phytosanitary certificates for the shipment of wood outside the country. In the first month of 2026, the largest share of Tomsk timber products was sent to Uzbekistan — 55%. The list of importing countries also included China (19%), Kyrgyzstan (9%), Kazakhstan (7%), Tajikistan (6%), while 4% of the products

15.02.2026, 19:06
Economy

The Ministry of Finance forecasts that in 2026, the republican budget will receive 67 billion soms in the form of dividends and profits.

- The Ministry of Finance forecasts that in 2026, the republican budget will be replenished by 67.0 billion soms from dividends and profits. This information was published in the ministry's report, which highlights the main financial indicators of the approved budget for the year. These revenues are expected to account for more than half (55.5%) of the total non-tax revenues of the budget.

15.02.2026, 18:52
Economy

In At-Bashy, they will start processing leather and wool — a factory is being built there for 150 million soms

In the At-Bashinsky ayil okmotu, located in the At-Bashinsky district, a meeting was held between local authorities and residents. During the discussion, one of the local residents, Temirbek Abdildaev, addressed the new akim with a request to pay attention to the development of sports and to organize the processing of wool and leather. Temirbek Abdildaev emphasized: “Dear leaders and akim, we are glad to see you. In our district, the issue of processing wool and leather, as well as preparing

15.02.2026, 18:16
Energy cooperation of four countries discussed in Tashkent
Economy

Energy cooperation of four countries discussed in Tashkent

On February 13, a working meeting of the ministers of energy and water management of Uzbekistan, Kyrgyzstan, Kazakhstan, and Tajikistan took place in Tashkent. This was reported by the Ministry of Energy of the Kyrgyz Republic. Among the participants of the meeting was the Minister of Energy of Kyrgyzstan, Talaybek Ibraev, as well as his colleagues from Uzbekistan, Kazakhstan, and Tajikistan. Additionally, leaders and specialists from the energy companies of the participating countries were

15.02.2026, 16:22
The Tourism Development Fund attracted $4.5 million in World Bank grants
Economy

The Tourism Development Fund attracted $4.5 million in World Bank grants

At the meeting of the Collegium of the Ministry of Economy and Commerce, a report on the work done in 2025 was presented. In 2025, the Tourism Development Support Fund managed to recover 56.1 million soms in accounts receivable and attract over $4.5 million in grants from the World Bank for the construction of new tourist facilities in the Osh region.

15.02.2026, 14:58
Economy

In the first 11 months of 2025, imports of fresh fruits from Iran decreased by 26%

- The import of fresh fruits from Iran to Kyrgyzstan from January to November 2025 decreased by 26%. This information was provided by the National Statistical Committee. According to the agency's data, during the specified period, Kyrgyzstan imported 2,000 tons of fresh fruits from Iran worth 1.3 million dollars. This is a decrease compared to the same period in 2024, when 2,800 tons were imported for a total of 1.9 million dollars.

15.02.2026, 13:49
Economy

In the Issyk-Kul region, more than two thousand emergency power poles will be replaced in 2026.

In seven RES, old wooden structures installed in the 1960s-70s will be updated. The Ministry of Energy has announced plans to replace more than two thousand outdated wooden power poles with new reinforced concrete ones in the Issyk-Kul region in 2026. The outdated structures, which were installed in the 1960s-70s, have already significantly exceeded their normative service life and are currently in an emergency state. The update will take place in the following distribution electrical networks

15.02.2026, 11:23
Economy

In the first 11 months of 2025, tea imports from Kazakhstan decreased by 35%

During the first 11 months of 2025, Kazakhstan reduced its tea exports to Kyrgyzstan by 35%. This data is provided by the National Statistical Committee. According to the agency's information, from January to November 2025, Kyrgyzstan imported 3,800 tons of tea from Kazakhstan, amounting to $4.7 million. This is a significant decrease compared to the same period in 2024, when 5,900 tons were imported for $4 million.

15.02.2026, 09:20
Economy

More than 100 memorandums will be signed at the "Agrodialog-2026" forum in Kyrgyzstan

- From February 18 to 21, the agro-industrial forum "Agrodialog–2026" will take place in Kyrgyzstan, during which the signing of more than 100 cooperation memorandums is expected. This information was provided by the press service of the Ministry of Agriculture. According to the ministry's data, the signed agreements will be aimed at attracting investments, implementing modern technologies, as well as increasing the export potential of Kyrgyz agricultural products.

15.02.2026, 09:06
Economy

Agricultural Production in EAEU Countries Increased by 4.6% in 2025

- Compared to the previous year, in 2025, the production of agricultural products in the EAEU countries increased by 4.6%. The data was provided by the statistics department of the Eurasian Economic Commission. This growth was observed in all countries that are part of the EAEU, including the Kyrgyz Republic, where the increase was 2.2%.

14.02.2026, 19:36
Economy

In the first 11 months of 2025, Kyrgyzstan increased banana imports by 10%

- From January to November 2025, Kyrgyzstan increased its banana import volume by 10%, as evidenced by data from the National Statistical Committee. According to the agency's information, during the first 11 months of the current year, the republic imported 36,000 tons of bananas for a total of 29 million dollars. This is 10% more compared to the same period in 2024, when 29,100 tons were imported for a total of 21 million dollars.

14.02.2026, 19:35
Economy

Import of nuts from China decreased by 30% over the 11 months of 2025.

- The import of nuts from China decreased by 30% over the 11 months of 2025, according to information provided by the National Statistical Committee. According to the committee's data, from January to November, Kyrgyzstan imported 25.7 thousand tons of nuts from China, amounting to $27 million. This reflects a 30% decrease compared to the same period in 2024, when 36.9 thousand tons of nuts worth $33.9 million were imported into the country.

14.02.2026, 18:59
Economy

Import of dried leguminous vegetables from Kazakhstan increased by 3.1 times in the 11 months of 2025.

- The import of dried leguminous vegetables from Kazakhstan in 2025 increased by 3.1 times compared to the same period in 2024. This is reported by data from the National Statistical Committee. According to the information from the agency, from January to November 2025, Kyrgyzstan purchased 32.6 thousand tons of dried leguminous vegetables from Kazakhstan for $11.8 million. In 2024, during the same period, the import volume was 10.2 thousand tons worth $4.4 million.

14.02.2026, 17:52
Economy

In the city of Gulcha, an illegally installed gas station was dismantled at the "ASK Neft" filling station.

- On the territory of the gas station LLC "ASK Neft" , known under the brand "Rossiya-Neft," located on Narmatov Street in the city of Gulcha, an illegally installed gas station was identified. According to the Osh regional department of the State Department of Architectural and Construction Control, the inspection revealed that the installation of the station was carried out without the necessary permits. As a result, the department's specialists decided to dismantle

14.02.2026, 16:21
Economy

The Central Bank of the Russian Federation and the National Bank of the Kyrgyz Republic are working on issues to simplify money transfers.

The issues of simplifying money transfers between Russia and Kyrgyzstan are being developed by the Central Bank of Russia and the National Bank of Kyrgyzstan. This was reported by Sergey Vakunov, the Extraordinary and Plenipotentiary Ambassador of the Russian Federation in Bishkek. The diplomat noted that creating a reliable financial infrastructure, which will serve as the foundation for developing trade relations between the two countries, is a crucial task within their joint activities. He

14.02.2026, 14:01
Economy

Tracking Cargo with Navigation Seals: What is Under Control

Starting from February 11, mandatory tracking of cargo using navigation seals has begun in Kyrgyzstan and other countries of the Eurasian Economic Union. This initiative was approved by the Board of the Eurasian Economic Commission and affects both road and rail transportation of goods passing through two or more EEU countries. In the first stage of control, the following categories of cargo are included:

14.02.2026, 13:49
Economy

Oman's Investments in Eurasian Countries Reached $1.1 Billion

According to the EDB report (2026), the volume of accumulated foreign direct investments from Oman in the Eurasian region has increased from $250 million in 2016 to $1.1 billion by mid-2025. During the period under review, Oman's investment portfolio has grown 4.5 times, indicating a stable and consistent growth of Omani capital in this area.

14.02.2026, 12:14
Economy

The Development State Bank attracted a budget loan of 2 billion soms from the Ministry of Finance.

- OJSC "State Development Bank of the Kyrgyz Republic" has announced the successful completion of a deal. According to reports, on February 11, 2026, a loan agreement was signed between OJSC "State Development Bank of the Kyrgyz Republic" and the Ministry of Finance of the Kyrgyz Republic, which provides for the allocation of a budget loan in the amount of 2 billion soms for a period of 36 months.

14.02.2026, 12:11
Until June, local producers' fairs will be held in Kyrgyzstan.
Economy

Until June, local producers' fairs will be held in Kyrgyzstan.

In Kyrgyzstan, including the capital Bishkek, local producer, farmer, and artisan fairs offering socially significant products will be organized from now until June 2026. This was reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry.

14.02.2026, 10:36
Zhazgul Ibraimova: Organic is not a trend, but a chance to save our soil
Economy

Zhazgul Ibraimova: Organic is not a trend, but a chance to save our soil

At a recent event "Organic Agri-Dialogue," dedicated to the future of agriculture, Jazgul Ibraimova, a senior lecturer at KNAU, expressed an important thought that organic farming in Kyrgyzstan can only develop if we stop viewing it as a temporary trend. She noted that this is essentially the only way to preserve soil health and ensure food security for future generations.

14.02.2026, 10:22
Illegal Construction of Guest Houses Discovered in Cholpon-Ata
Economy

Illegal Construction of Guest Houses Discovered in Cholpon-Ata

The company has been fined 200,000 soms, and construction work has been suspended In Cholpon-Ata, in the resort area, the Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic reported the detection of illegal construction.

14.02.2026, 08:30
Economy

The Cabinet wants to control profitability. This will lead to shortages of goods and bankruptcies.

The amendments to the Law "On Pricing" became a topic of discussion in the Cabinet of Ministers. Deputies of the Jogorku Kenesh have already approved the draft in the first reading, however, entrepreneurs express serious concerns about potential negative consequences. The business community believes that such initiatives may lead to a shortage of goods and an increase in the shadow economy, which raises doubts about Kyrgyzstan's transition to socialist economic methods. Essence

13.02.2026, 22:30
Economy

In the first 11 months of 2025, honey exports from Kyrgyzstan decreased by 17%

- Honey exports from Kyrgyzstan decreased by 17% over the 11 months of 2025. This is reported in data provided by the National Statistics Committee. According to the information, from January to November 2025, 469 tons of honey were exported for a total of $1.4 million, which is 17% lower than the figures for the same period in 2024, when 563 tons of honey were exported for a total of $1.9 million.

13.02.2026, 19:30
Kyrgyzstan and Tajikistan Agree to Strengthen Trade, Logistics, and Tourism
Economy

Kyrgyzstan and Tajikistan Agree to Strengthen Trade, Logistics, and Tourism

The first meeting of the Intergovernmental Council between Kyrgyzstan and Tajikistan was held in Bishkek The first meeting of the Kyrgyz-Tajik Intergovernmental Council took place in Bishkek under the leadership of the Prime Minister of Kyrgyzstan, Adylbek Kasymaliev, and the Prime Minister of Tajikistan, Kohir Rasulzoda. This was reported by the press service of the government.

13.02.2026, 19:25
Economy

Imports of trucks from South Korea increased by 44% in the first 11 months of 2025

Throughout the 11 months of 2025, there has been a significant increase in the import of trucks from South Korea, amounting to 44%. This data was provided by the National Statistical Committee. According to the agency, from January to November, Kyrgyzstan acquired 10,000 trucks worth 45 million dollars. This is 44% more compared to the same period in 2024, when 7,000 trucks were imported for a total of 24 million dollars.

13.02.2026, 19:20
Heating supply enterprises of the Kyrgyz Republic will stop receiving subsidies
Economy

Heating supply enterprises of the Kyrgyz Republic will stop receiving subsidies

The implementation of the new policy is scheduled until 2033 President Sadyr Japarov signed a decree according to which heating enterprises of the Kyrgyz Republic will stop receiving subsidies. The refusal of subsidies will be carried out over the next decade, until 2033. According to information from the Ministry of Energy, about 2 billion soms are allocated annually for subsidies for the population due to low tariffs. In this regard, regular tariff increases are planned, which will allow

13.02.2026, 18:55
Economy

The Ministry of Economic Development called the data in foreign media about the increase in European imports incorrect

- From 2019 to 2024, Kyrgyzstan has demonstrated significant growth in foreign trade with various countries, as reported by the press service of the Ministry of Economy. In particular, trade turnover with Estonia increased by 300% (from $1.5 million to $4.5 million), with Poland by 131.53% (from $26 million to $60.2 million), and with Germany by 323.42% (from $79.4 million to $256.8 million). According to the ministry, such growth has been made possible due to increases in both quantitative and

13.02.2026, 18:11
Economy

"Land agreements for electric charging stations are concluded for 1 year with an extension up to 3 years, - city hall"

- On the air of the radio, the chief specialist of the municipal land department of the Bishkek city hall, Talantbek Ismailov, shared information about how land plots are allocated for electric charging stations and what news there is in this area. According to him, land contracts are most often signed for one year; however, if necessary, an extension for up to three years is possible.

13.02.2026, 17:58
Economy

The Ministry of Economic Development proposes amendments to the transaction tax and rules for non-residents.

The draft amendments presented for public discussion include changes to the special tax regime concerning transaction tax. During previous changes, the tax rate for transactions through foreign banks was reduced from 0.2% to 0.1%, and the tax agent became the bank where the account is opened. However, restrictions arose, stating that a foreign organization could only have a settlement account in one bank in Kyrgyzstan. Practice has shown that international settlements often require complex

13.02.2026, 17:45
Economy

In the Batken region, 400 km of 220/110/35 kV power transmission lines will be repaired.

In the Batken region, the repair of 400 kilometers of power transmission lines with a voltage of 220/110/35 kV is planned. According to the Batken Electric Networks Enterprise, the work will be carried out in accordance with the plans of the Ministry of Energy aimed at updating and modernizing the power grid infrastructure. The branch of JSC "NESC" will begin repairs on the overhead power lines of the specified voltage.

13.02.2026, 17:21