In 2026, the National Bank of Kyrgyzstan carried out its largest currency intervention. According to information provided by the regulator, in order to stabilize the exchange rate of the som, $162.55 million was sold in the currency market.
- In early 2026, the Ministry of Finance allocated 659 million soms from the republican budget to support local budgets. This information is presented in the Ministry of Finance's report on the execution of the state budget. Compared to January 2025, the volume of transfers increased by 3.5 times.
The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic is actively developing financial programs to support farmers. By the beginning of 2026, six state projects with a total cost of 7 billion 380 million soms have already been implemented. In the near future, the number of programs will increase to nine, which will allow for record funding of 13 billion 180 million soms.
According to the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan, the level of self-sufficiency in potatoes in the country for the first 11 months of 2025 was 200.5%. Vegetables and melons reached a figure of 204.8%, while milk stood at 131.4%. Additionally, according to data from this agency, the population's self-sufficiency in meat was 85.5%, while eggs and sugar reached levels of 80.6% and 80.1%, respectively.
According to estimates, by 2040 the population of Central Asia could reach 96 million people, which will lead to significant pressures on the region's key infrastructure. Nikolai Podguzov, Chairman of the Board of the Eurasian Development Bank (EADB), pointed out that this region is one of the fastest-growing in the world; however, this growth is associated with serious ecological and logistical risks.
Changes have occurred in the executive body of "O!Bank." As reported by the Kyrgyz Stock Exchange, this was the result of a decision made by the board of directors on February 20, 2026. As a result of the changes, Rasul Aitkeev has been included in the management, and he now holds the position of managing director and board member of OJSC "O!Bank."
From January to November 2025, 5 billion 596 million cubic meters of water were supplied for irrigation in Kyrgyzstan, allowing for the cultivation of 2 million 838 thousand hectares of agricultural land. This was reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The Ministry specifies that irrigation water was provided to both agricultural enterprises and private landowners. As a result, 404 legal entities and 77,143 private landowners
The state bank "Eldik Bank" together with the Ministry of Water Resources, Agriculture and Processing Industry of Kyrgyzstan has launched a new program offering preferential loans for the purchase of breeding animals. The main advantage of this initiative is the record low interest rate of 3% per annum (EIR 3.04%), which makes financing particularly attractive for the agricultural sector.
At a briefing in Bishkek, David O'Sullivan, the European Union's Special Envoy for Sanctions, noted that preventing sanctions evasion will not lead to economic losses for Kyrgyzstan. Photo 24.kg. EU Special Envoy for Sanctions David O'Sullivan — in the center He expressed concern over the sharp increase in the supply of machinery and radio equipment, which are mainly imported from Europe and intended for re-export to Russia, as they are not produced in Kyrgyzstan.
According to the Ministry of Finance, in January 2026, the budget of Kyrgyzstan was replenished by 45 billion 970.5 million soms. Of this amount, tax revenues amounted to 40 billion 705.4 million soms, which is 40.3% more compared to the previous year. In particular, the State Tax Service contributed 28 billion 766.2 million soms to the budget, while the State Customs Service contributed 11 billion 939.1 million soms.
The new pumping station "Tepke," located in the Ak-Su district, will soon begin its full operation, becoming one of the largest in Kyrgyzstan. Nurzat Kaliev, the head of the district's water management department, reported that starting this year, the station will operate at full capacity.
During a meeting with the ministry staff, Erlis Akunbekov got acquainted with the leadership team and emphasized that the successful operation of the agency depends on effective team interaction. The minister highlighted the importance of continuity in work, stressing that the agency will continue to implement the five strategic directions developed by his predecessor Bakyt Torobaev. He also highly appreciated the professional qualities of the employees and underscored the necessity of
In Kyrgyzstan, the deadlines for submitting reports and paying the unified tax depend on the size of the business, which is determined by the total income over the last 12 months. The press service of the State Tax Service of the Kyrgyz Republic provided information on how business entities are classified. According to tax legislation, businesses can be divided into three categories: small, medium, and large.
- During the plenary session on February 26, 2026, Deputy Toktobuu Ashimbaeva drew attention to the amounts of insurance payouts related to mandatory housing insurance against fires and natural disasters. Deputy Chairman of the State Insurance Organization, Baktygul Abdyzhaliev, provided the following data:
In January 2026, the amount of casino payments to the budget of Kyrgyzstan amounted to 53 million 242 thousand soms, according to data provided by the Ministry of Finance. This is 23.8 million soms, or 81%, more than in the same month of the previous year.
According to data provided by the National Statistical Committee of Kyrgyzstan, the highest average incomes are observed in the financial sector, where they exceed 67,000 soms. This information was announced by the Ministry of Labor, Social Security, and Migration. In the industrial sector, incomes are also quite high, amounting to about 66,000 soms, while in construction, this figure reaches over 57,000 soms.
Since the beginning of 2026, 325 car owners have received payouts under their compulsory insurance policies (OSAGO), with a total amount of nearly 33.5 million soms. This information was announced by the director of the insurance and reinsurance department of Gosstrakh, Aktan Turumbekov, in an interview on "Birinchi Radio." According to him, in 2024, the payouts amounted to only 4.3 million soms for 48 car owners, while in 2025, the amount increased to 86.5 million soms, covering 901
On February 26, 2026, during a plenary session of the Jogorku Kenesh, Deputy Meder Chotonov raised an important issue regarding the quality of bean seeds, as well as the need for the restoration and construction of irrigation facilities. In response, Deputy Minister of Agriculture Zhanibek Kerimaliev noted that updating bean varieties is necessary to increase yields.
At a meeting with representatives of Guangdong Holdings Limited, the Chairman of the Cabinet of Ministers and Head of the Presidential Administration of the Kyrgyz Republic, Adylbek Kasymaliev, emphasized the importance of the work of the National Investment Fund of the Kyrgyz Republic. He noted that attracting foreign investments for the socio-economic development of the country is a priority task for the government.
- During the plenary session of the Jogorku Kenesh on February 25, 2026, Deputy Altynbek Kylchayev inquired about how the amount of damage is determined when insuring housing and how long one must wait for assessors and compensation payments. Head of Financial Supervision Marat Pirnazarov reported that the maximum insurance amounts are:
The European Bank for Reconstruction and Development (EBRD) has updated its GDP growth forecasts for Kyrgyzstan for 2026. In the bank's latest report on regional economics (Regional Economic Prospects), it is noted that in September 2025, growth was expected to be at 6%, but these forecasts have now been raised to 9%. Growth is expected to be 7% in 2027. According to data from the National Statistical Committee of Kyrgyzstan, the country's economic growth in 2025 was 11.1%, which is
- On February 26, 2026, the Minister of Water Resources, Agriculture, and Processing Industry Erlis Akunbekov officially began his duties by holding his first meeting with the ministry staff. This was reported by the press service of the Ministry of Agriculture. According to the agency's data, Akunbekov will continue work on five main areas set by his predecessor Bakyt Torobaev:
Interest in tourism, the banking sector, and natural resources During the Kyrgyz-British business council, which took place on February 25 in London, business representatives from the United Kingdom expressed confidence in the prospects of Kyrgyzstan as an investment destination. This information was provided by the Ministry of Foreign Affairs of Kyrgyzstan. The main reasons for the positive assessment include stable economic growth, active development of the tourism sector, as well as the
- Compliance with established veterinary requirements is a necessary condition for the import of animal products into Kyrgyzstan. If the products do not meet these requirements, they will be returned to the sender. Rayymbek also noted that although the Ministry does not directly regulate meat prices, district and regional veterinary services monitor prices in the regions.
The National Bank of Kyrgyzstan has set the foreign exchange rates for February 26 as follows: The official dollar rate remains at 87.45 soms, while the euro and ruble have started to increase in price.
- The Council of the Eurasian Economic Commission (EEC) has approved new amendments to the rules regarding the circulation of veterinary medicines within the Eurasian Economic Union (EAEU). 1) The transitional period has been extended until December 31, 2030, allowing veterinary products registered in EAEU countries to continue their circulation throughout the Union.
- In August 2025, according to order No. 140, temporary state regulation of meat prices began in Kyrgyzstan, which will last for 90 days. This was announced on the radio by Baktybek uulu Jakshylyk, a specialist from the Antimonopoly Regulation Service under the Ministry of Economy and Commerce. He noted that during this period, price monitoring was conducted in Bishkek and the Chui region.
- According to information provided by the Ministry of Finance, the revenues of the state budget of the Kyrgyz Republic from vehicle registrations in January 2026 amounted to 482.1 million soms, significantly exceeding the 325.7 million soms received in January 2025. These revenues accounted for almost 9% of the total non-tax revenues of the budget, which is an increase compared to 8.1% last year.
- On the air of the radio, Baktybek uulu Jakshylyq, a representative of the Antimonopoly Regulation Service under the Ministry of Economy and Commerce, explained that state price regulation only covers beef and lamb, excluding boneless meat. He added that the order clearly states that the measures apply exclusively to bone-in meat.
- In 2025, Kyrgyzstan focused its efforts on controlling prices for essential goods, combating unjustified price increases, and protecting consumer rights, as announced by the Ministry of Economy. To control prices, the Cabinet of Ministers approved an action plan for 2025 on February 13 (Order No. 72-r), which included measures to limit price growth and improve the saturation of the domestic market.
The state institution "Salyk Service" has developed a tax calendar for the residents of Kyrgyzstan, aimed at simplifying the understanding of tax obligations. This tool will help citizens know which taxes they need to pay and by when, as well as under what circumstances they may be exempt from payment. As noted by the institution's press service, "even with general information, it is not always easy to determine which specific tax obligations apply to a particular
At the plenary session of the Jogorku Kenesh held on February 26, 2026, Deputy Mahabat Mavlyanova proposed an initiative for the active development of organic agriculture in Kyrgyzstan. She noted that uncontrolled use of agrochemicals and mineral fertilizers could lead to soil degradation, which in turn threatens to turn fertile agricultural lands into barren territories. According to Mavlyanova, the transition to organic farming can not only improve the export of environmentally friendly
Information about currency exchange rates has been collected from the official websites of commercial banks. If you have any questions regarding the provided data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates refer to cash exchange, and they may change throughout the day.
Image from the internet. The ruble and yuan have set new price records As of February 26, the official exchange rate of the Chinese yuan has reached a new historical maximum. At the same time, the Russian ruble is confidently rising, updating its records since the beginning of 2026. The euro has slightly strengthened, while the Kazakh tenge has shown a decline. The exchange rate of the US dollar remains stable. This data was provided by the National Bank of Kyrgyzstan and exchange points. US
On February 25, 2026, in London, the Minister of Foreign Affairs of the Kyrgyz Republic, Jeenbek Kulubaev, participated in a meeting of the Kyrgyz-British Business Council. This was reported by the press service of the Ministry of Foreign Affairs of the Kyrgyz Republic. Representatives from the Ministry of Economy and Commerce, the Ministry of Finance, the National Bank of the Kyrgyz Republic, the European Bank for Reconstruction and Development, as well as participants from state and private
The National Electric Network of Kyrgyzstan (NESC) has launched a tender for the purchase of gas-insulated switchgear designed for operation at voltages of 110 and 220 kilovolts. The total cost of the procurement will amount to 112 million soms. The company emphasized that these devices are necessary to enhance the reliability of high-voltage substations, as well as to strengthen the resilience of the energy system to potential emergency outages. Modernization of key nodes in the trunk networks
The Ministry of Agriculture of Kyrgyzstan has announced the start of work on a state program aimed at creating a network of modern warehouses with cold storage facilities. This proposal was presented at the "AgroDialogue-2026" forum and is considered an important step towards reducing crop losses and increasing the country's export potential.
. In the first month of 2026, the total revenue amounted to 50.2 billion soms, which is 14.2 billion soms more than in January 2025. Tax revenues reached 44.5 billion soms, demonstrating a growth of 40.1% compared to the previous year.
According to information from exchange points at the Moscow City Council, the exchange rates for foreign currencies on the morning of February 26 are presented in the following table:
- The Cabinet of Ministers approved a resolution regarding the establishment of two state enterprises engaged in water management. This document was signed on February 10, 2026 (number 74). According to this resolution, the following enterprises will be established:
- At 8:30 on February 26, 2026, the exchange rate of the US dollar in financial institutions of Kyrgyzstan is 87.3-87.45 soms (buying) and 87.75-87.8 soms (selling). As for the euro, its value is at 102.4-102.9 soms (buying) and 103.4-103.9 soms (selling).
This event was also attended by representatives from the Ministry of Economy and Commerce, the Ministry of Finance, the National Bank of the Kyrgyz Republic, as well as employees of the European Bank for Reconstruction and Development and large international companies, including British ones. During his speech at the meeting, Kulubaev shared information about the current state of the country's economy, noting that by the end of 2025, the gross domestic product is expected to grow by 11.1%.
- Negotiations have begun in the Moscow district of the Chui region between the Trade Representation of the Kyrgyz Republic in the Republic of Turkey and an investor to establish a factory that will produce equipment for drip and sprinkler irrigation systems. This was reported by the press service of the Ministry of Economy. The production complex is planned to be located on a land plot of 10 hectares in the Ak-Suu rural district.
A factory is planned to be established in the Chuy region for the production of irrigation equipment. This project will be implemented with the support of investors from Turkey, as reported by the Ministry of Economy and Commerce of the Kyrgyz Republic. In particular, the Trade Representation of Kyrgyzstan in Turkey is actively negotiating with the investor for the construction of the factory, which will be located in the Moscow district of the Chuy region. The production facilities will
The Tax Service of Kyrgyzstan has begun work on updating the electronic invoice system (EIS). The agency acknowledges that the existing mechanism has many shortcomings and intends to completely overhaul it, taking into account the needs of accountants and entrepreneurs. "The initial version was created in a rush"During discussions with business representatives, Nurgul Salieva, Deputy Head of the State Enterprise "Salyk Service," noted that the previous version of the EIS was
The Financial Market Regulation and Supervision Service reported that over the past five years, 111 pawnshop licenses have been revoked and 11 have been suspended in the country, while the total amount of fines has reached 8 million 414 thousand soms. The agency summarized the results of a five-year reform in the pawnshop sector. During this period, a significant transformation of the sector was carried out, aimed at improving consumer rights protection, reducing debt burdens, and bringing the
Photo by the Ministry of Economy and Commerce of the Kyrgyz Republic. An irrigation systems plant will be built in Kyrgyzstan In the Chui region, in the Moscow district, the construction of a plant for the production of equipment for drip and sprinkler irrigation is planned. This was reported by the Ministry of Economy and Commerce of Kyrgyzstan. The project complex will be located on a land plot of 10 hectares in the Ak-Suu rural district.
. In 2025, coffee imports to Kyrgyzstan increased by 32%. This data is provided by the National Statistical Committee. According to the agency, from January to December, Kyrgyzstan imported 505 tons of coffee from more than 24 countries worldwide, amounting to $6.2 million. Compared to the same period in 2024, this is an increase of 32%: at that time, 384 tons were imported for $3.2 million.