China invests in large-scale modernization of Tokmok
Economy

China invests in large-scale modernization of Tokmok

Kyrgyzstan and China have entered the practical stage of implementing significant technological projects. On February 2, Ravshanbek Sabirov, head of the National Investment Agency under the President of the Kyrgyz Republic, held a meeting with representatives of major companies Shanghai Minghou Xufu Business Consulting Management and Anté Lingkun (Shanghai) Technology. This meeting was the result of agreements reached in January in Shanghai, where the parties agreed on a plan for the digital

03.02.2026, 15:33
Agreements are being signed in Kyrgyzstan with global giants like Pfizer and Nasdaq
Economy

Agreements are being signed in Kyrgyzstan with global giants like Pfizer and Nasdaq

On February 2 and 3, 2026, a significant negotiation marathon took place at the National Investment Agency in Bishkek. The event featured bilateral meetings between representatives of Kyrgyz state structures and delegations from the largest American companies. This visit underscores the growing interest of the United States in the economic potential of Kyrgyzstan and their readiness to implement strategic projects in the republic. The list of participants is impressive: among the delegates are

03.02.2026, 15:22
Italy will help Kyrgyzstan clean up its cities from garbage
Economy

Italy will help Kyrgyzstan clean up its cities from garbage

On February 2, a meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with representatives of the Italian company TRITOR S.R.L., during which a Memorandum of Cooperation was signed. This event marks the beginning of the implementation of a project to introduce modern European technologies for the processing of household and medical waste in the country. The project is expected to process up to 200 tons of unsorted waste daily. The Italian technology

03.02.2026, 15:15
Kyrgyzstan Increases Quota for Duty-Free Import of Electric Vehicles
Economy

Kyrgyzstan Increases Quota for Duty-Free Import of Electric Vehicles

In 2026, Kyrgyzstan will continue to provide benefits for the import of electric vehicles, significantly increasing the quota for duty-free imports. This was announced by Elimbek Kanibek uulu, head of the EAEU Coordination Department of the Ministry of Economy of the Kyrgyz Republic, at a press conference at the Kabar agency. As Kanibek uulu noted, this year the quota for duty-free imports was increased from 10,000 to 15,000 vehicles. Initially, the initiative faced certain objections from

03.02.2026, 15:03
The second international business forum B5+1 kicks off in Bishkek
Economy

The second international business forum B5+1 kicks off in Bishkek

The second B5+1 Forum kicks off in Bishkek, becoming the largest regional event. The organizers, the Center for International Private Enterprise (CIPE) in partnership with the Cabinet of Ministers of the Kyrgyz Republic, continue the tradition of the historic C5+1 leaders' summit, providing a platform for interaction between businesses in Central Asia and the United States.

03.02.2026, 14:52
EEC clarified the congestion of trucks at the Kyrgyz-Kazakh border
Economy

EEC clarified the congestion of trucks at the Kyrgyz-Kazakh border

The Eurasian Economic Commission provided clarifications regarding the increase in the number of trucks at certain border crossing points between Kazakhstan and Kyrgyzstan. According to information from the Kazakh authorities, delays in border procedures are explained by the conduct of planned control measures. The Kazakh authorized body noted that the current actions are temporary and targeted, aimed at regulating the border in order to combat the illegal turnover of goods, which poses a

03.02.2026, 14:47
Economy

Ministry of Economic Development: The issue with sellers from Kyrgyzstan on electronic platforms has been resolved

At the meeting of the Eurasian Economic Commission Council held on January 30 in Moscow, the Ministry of Economy of Kyrgyzstan addressed the issue of the movement of goods sold by Kyrgyz sellers within the framework of electronic commerce, particularly on the Wildberries platform. Previously, Kyrgyz entrepreneurs faced difficulties due to sudden changes in the rules for working with the Russian market. In the autumn of 2025, supplies of goods from Kyrgyzstan nearly ceased: goods were delayed at

03.02.2026, 14:01
Economy

The EEC explained the reasons for the queues at the border between Kyrgyzstan and Kazakhstan.

The situation with the queues of freight transport at some border crossing points between Kazakhstan and Kyrgyzstan has been commented on by the Eurasian Economic Commission. According to official data, the delays are caused by planned control measures being implemented by the Kazakh side. Representatives of Kazakhstan reported that the additional inspections are temporary and targeted, aimed at streamlining operations at the border, primarily to prevent the illegal circulation of goods, which

03.02.2026, 13:37
Economy

The BGC warned about the risks of underperformance in the transfer due to a 3 billion som difference in the budget revenues of Bishkek-2026.

- "Your current figures are understated, which may lead to the transfer not being allocated in full. At present, no one can guarantee that there won't be risks of blocking the inter-budget transfer," said Maksat Alymbekov, a member of the Bishkek City Council (Yntymak), at a meeting of the commission of the Bishkek City Council on February 3. He proposed preparing a letter of agreement with the Ministry of Finance to avoid problems with the receipt of funds during the discussion

03.02.2026, 12:47
Economy

Kyrgyzstan Agreed on a New Supply Model through Electronic Trading Platforms in the Russian Federation

- Kyrgyzstan, in collaboration with the Eurasian Economic Commission and Russian authorities, has agreed on a new model for the supply of goods through electronic trading platforms to Russia. This was announced on February 3 at a press conference where the head of the EAEU Coordination Department of the Ministry of Economy of the Kyrgyz Republic, Kanybek uulu Elimbek, spoke. According to Elimbek, the initiative was proposed in December when difficulties arose with supplies through electronic

03.02.2026, 12:30
Economy

The deputy did not believe that the Ministry of Construction employees receive 500,000 soms not monthly, but per project, recalling the words of Nurdana Oruntaev.

- During the meeting of the Committee of the Jogorku Kenesh on February 3, 2026, deputy Akylbek Tumonbaev questioned the statement of the Deputy Minister of Construction, Architecture, and Housing and Communal Services Talantbek Imanakun uulu>, who claimed that the salary of the Ministry's employees is 500,000 soms, but is not paid monthly, rather for completed projects. Tumonbaev reminded that the minister Nurdana Oruntaev had previously reported a monthly salary of 500,000 soms for

03.02.2026, 12:00
The issues of transporting goods from the Kyrgyz Republic through Wildberries have been resolved at the level of the EEC.
Economy

The issues of transporting goods from the Kyrgyz Republic through Wildberries have been resolved at the level of the EEC.

A discussion was held in Moscow regarding the problems faced by Kyrgyz sellers on the Wildberries platform. At a press conference organized by the "Kabar" agency, the head of the coordination department of the EAEU at the Ministry of Economy of the Kyrgyz Republic, Elimbek Kanybek uulu, reported on the results of the meeting of the Eurasian Economic Commission Council, which took place on January 30. During the meeting, a question raised by the First Deputy Prime Minister of the

03.02.2026, 11:57
Kazakhstan offered Kyrgyzstan access to major retail chains in China
Economy

Kazakhstan offered Kyrgyzstan access to major retail chains in China

Access to the Chinese market provides new opportunities for the economy of Kyrgyzstan The presentation of the acceleration program by the National Association of Cooperatives and other economic communities of Kazakhstan (NACOFEC) took place at the Chamber of Commerce and Industry of the Kyrgyz Republic.

03.02.2026, 11:56
Economy

The State National Security Committee detained the head of the water management of the Issyk-Kul region for corruption

On February 3, the State Committee for National Security (GKNB) reported the detention of a high-ranking official from the water management department of the Issyk-Kul region. According to the agency, O.S.M., while serving as the head of the water management in the Ak-Suu district, used his official position for personal gain from 2018 to 2025. He illegally leased a service excavator to third parties.

03.02.2026, 11:46
Gold is rising in price by approximately five percent
Economy

Gold is rising in price by approximately five percent

On Tuesday morning, there is a significant rise in prices for precious metals on the stock market. The price of silver has increased by more than 10%, while gold has risen by approximately 5%, according to trading platforms. As of 9:29 AM Moscow time, the March silver futures on the New York Comex exchange rose by 10.21%, reaching $84.875 per ounce.

03.02.2026, 11:43
Economy

The Deputy Minister believes that a salary of 500,000 soms for a Ministry of Construction employee does not affect real estate prices. The Deputy disagrees with this opinion.

- On February 3, 2026, at a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, the fuel and energy complex, architecture, and construction, Deputy Kunduzbek Sulaymanov expressed the opinion that high salaries of employees at the Ministry of Construction contribute to the rise in housing prices. In response to this statement, Deputy Minister of Construction, Architecture, and Housing and Communal Services Talanbek Imanakun uulu disagreed with the deputy, stating that

03.02.2026, 11:40
Economy

Kyrgyzstan Discussed New Measures on Phytosanitary Control, Industrial Cooperation, and E-Commerce with the EAEU

- During the meeting of the EAEU Council held on January 30, Kyrgyzstan presented a proposal to improve the procedure for quarantine phytosanitary control concerning the export of vegetables, fruits, berries, and other goods to Russia. This was reported by the head of the EAEU Coordination Department of the Ministry of Economy of the Kyrgyz Republic, Kanybek uulu Elimbek, at a press conference on February 3. He noted that there had previously been situations where incorrect recipients were

03.02.2026, 11:40
Economy

The City Hall and the Ministry of Finance disagreed on the capital budget revenue forecast by 3 billion soms — clarification from the BGC

- During the meeting of the permanent commission on economics, budget, and finance of the Bishkek City Council, held on February 3, deputy from the "Жаңы күч – Новая сила" party, Elnura Duyshkeeva, drew attention to the discrepancies in the estimates of the revenue part of the budget. She noted: “According to your project, the local budget revenues for 2026 amount to 32 billion 873 million soms, while the Ministry of Finance forecasts 35 billion 820 million soms. The difference of

03.02.2026, 11:37
WP: The US Dollar May Fall by Another Approximately 10 Percent in 2026
Economy

WP: The US Dollar May Fall by Another Approximately 10 Percent in 2026

Image from the internet. Donald Trump's unstable leadership style weakens the US dollar According to The Washington Post, President Donald Trump's erratic approach to domestic and foreign policy continues to negatively impact the dollar's exchange rate. Since his return to the White House in January 2025, the American currency has lost over 10% of its value. Economist Robin Brooks, a senior fellow at the Brookings Institution, predicts that the dollar's decline will

03.02.2026, 11:29
Economy

The budget revenues of Bishkek for 2026 will exceed 32.8 billion soms, - Ministry of Finance

At the meeting of the Bishkek City Council commission held on February 3, Ruslan Sadybaev, the head of the financial management of Bishkek City under the Ministry of Finance, announced the forecast for the revenue part of the local budget for 2026, which amounts to 32 billion 873.6 million soms. Comparing it with the approved budget for 2025, Sadybaev noted that the expected revenue growth will be 140.43%.

03.02.2026, 11:19
Residents of Chui Region Promised Large-Scale Modernization of Power Grids
Economy

Residents of Chui Region Promised Large-Scale Modernization of Power Grids

Photo: Chui Electric Network. According to the press service of the Ministry of Energy, in 2026, the Chui Electric Network, a branch of OJSC "Kyrgyzstan UET", plans to implement a number of significant projects. Among the planned facilities are substations: "Manas" (110/35/10 kV), the second phase of "Chui" (220/35/10 kV), "Kün-Tuu" (110/35/10 kV), and "Leninskaya" (35/10 kV).

03.02.2026, 11:11
In Kyrgyzstan, an Express Method for Pasture Rescue is Being Implemented
Economy

In Kyrgyzstan, an Express Method for Pasture Rescue is Being Implemented

In Kyrgyzstan, a unique methodological guide has emerged that allows for the rapid diagnosis of the condition of pasture lands. This method enables the determination of soil degradation and the quality of grass cover in just 30–40 minutes. Natalia Kilyazova, head of the pasture and feed department at the relevant research institute under the Ministry of Agriculture, reported that the development was made possible through the collaborative efforts of leading scientific institutes and veterinary

03.02.2026, 11:02
Kyrgyzstan Received New Tariff Preferences Within the EAEU
Economy

Kyrgyzstan Received New Tariff Preferences Within the EAEU

At the initiative of Kyrgyzstan, new tariff benefits for certain types of beef will come into effect on December 31, 2026. This information was announced by Elimbek Kanibek uulu, head of the EAEU Coordination Department of the Ministry of Economy of Kyrgyzstan, at a press conference at the "Kabar" agency. He specified that the benefit applies to products classified under the following EAEU customs codes: 0202301004 (frozen hindquarters of cattle without bones), 0202305004 (frozen

03.02.2026, 10:57
Economy

Only 4 employees of the Ministry of Construction receive a salary of 500,000 soms, - Deputy Minister Imankun Uulu

- The Deputy Minister of Construction, Architecture, and Housing and Communal Services Talantbek Imanakun uulu shared information about the salaries of the department's employees at a meeting of the Jogorku Kenesh Committee, which took place on February 3, 2026. He noted that only 4 employees of the Ministry of Construction receive a salary of 500,000 soms. According to him, the department has attracted highly qualified architects and technologists, which has allowed for the establishment

03.02.2026, 10:47
Kyrgyzstan Sharply Reduced Import of Seedlings
Economy

Kyrgyzstan Sharply Reduced Import of Seedlings

The Department of Chemicalization, Plant Protection, and Quarantine under the Ministry of Agriculture of the Kyrgyz Republic has introduced strict control over the import of planting material, which is classified as products with a high phytosanitary risk. According to the press service of the department, each seedling crossing the border undergoes a multi-stage inspection: from a detailed analysis of documentation and certificates to mandatory laboratory testing for hidden pests and diseases.

03.02.2026, 10:30
The second business forum "B5+1" will start tomorrow in Bishkek.
Economy

The second business forum "B5+1" will start tomorrow in Bishkek.

From February 4 to 6, Bishkek will host the second business forum "B5+1". This significant event, organized in collaboration with the government of the Kyrgyz Republic, aims to create a space for dialogue between entrepreneurs and representatives of the authorities from Central Asian countries and the USA. The main goal of the forum is to strengthen economic cooperation in the region and establish productive communication between the public and private sectors.

03.02.2026, 10:28
Benefits from the EAEU. Kyrgyzstan will not pay customs duties on meat, sugar, and fruits.
Economy

Benefits from the EAEU. Kyrgyzstan will not pay customs duties on meat, sugar, and fruits.

Photo by RIA Novosti. Flags of the countries of the Eurasian Economic Union The Council of the Eurasian Economic Commission has made decisions aimed at supporting the agro-industrial sector of Kyrgyzstan. This was reported by the Ministry of Water Resources, Agriculture, and Processing Industry of KR. According to the ministry's information, there will be an exemption from customs duties on a number of goods that have social and economic significance, which will be imported into

03.02.2026, 10:26
EEC approved tariff concessions for the import of meat, sugar, and fruits into Kyrgyzstan
Economy

EEC approved tariff concessions for the import of meat, sugar, and fruits into Kyrgyzstan

At the meeting of the Eurasian Economic Commission Council held on January 30, important decisions were made to support the agro-industrial sector of Kyrgyzstan. This information was provided by the Ministry of Water Resources, Agriculture, and Processing Industry of the country. According to the agency's information, the new documents propose the introduction of tariff benefits for certain socially significant goods that are imported into Kyrgyzstan for domestic consumption and

03.02.2026, 10:13
The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow.
Economy

The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow.

Daniyar Amangeldiev, who holds the position of First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic, participated in a recent meeting of the EEC Council in Moscow. The outcome of this event was the adoption of a number of decisions aimed at strengthening the food and economic security of the member states of the Union. Among the most significant decisions was the provision of tariff benefits to Kyrgyzstan for the import of raw cane sugar. In 2026, the republic will be

03.02.2026, 10:13
Economy

Changes in the Management of "Optima Bank"

The press release from the Kyrgyz Stock Exchange reports that there have been changes in the board of OJSC "Optima Bank." Adal Izmukhanov, who has held the position of First Deputy Chairman since 2021, has decided to leave his position.

03.02.2026, 10:03
Economy

A Business Forum on Strengthening Cooperation Between Central Asian Countries and the USA Will Be Held in Bishkek

On February 4 and 5, a second business forum "Business (B)5+1" is scheduled to take place in Bishkek, as reported in a press release from the office of the Cabinet of Ministers of the Kyrgyz Republic. This forum, organized with the support of the country's government, is expected to become an important platform for exchanging views between businessmen and government structures of Central Asia and the United States. The main objective of the event is to promote the strengthening

03.02.2026, 09:57
Catfish has appreciated against all major currencies except the dollar. Exchange rate as of February 3.
Economy

Catfish has appreciated against all major currencies except the dollar. Exchange rate as of February 3.

Photo from the internet. In recent days, the Russian ruble has shown instability, periodically increasing and decreasing its value. According to information from the National Bank of Kyrgyzstan and exchange offices in Bishkek, the exchange rates of the euro, Russian ruble, Kazakh tenge, and Chinese yuan are showing a decline, while the dollar remains stable. US Dollar:

03.02.2026, 09:48
Economy

Meat, sugar, and fruits exempted from import duties. Details

On January 30 of this year, the Council of the Eurasian Economic Commission made a decision to provide tariff benefits for Kyrgyzstan on the import of a number of goods that have social and economic significance. This is aimed at supporting the agro-industrial complex, ensuring the domestic market, and curbing inflation, as reported by the press service of the Ministry of Agriculture of the Kyrgyz Republic. According to the new rules, the import of beef (fresh, chilled, and frozen, EAEU HS

03.02.2026, 09:48
Economy

Renewable Energy Sources will contribute 1 percent of their revenue to local budgets

At a meeting of the committee of the Jogorku Kenesh, which deals with issues of industry, transport, energy, architecture, and construction, the deputies unanimously supported amendments to the Law "On Renewable Energy Sources" in the second and third readings. According to the current version of the law, renewable energy source (RES) facilities were required to allocate 1% of the total electricity generated to local self-government bodies. Now, the Ministry of Energy proposes to

03.02.2026, 09:40
Economy

JPMorgan predicts gold prices will rise to $6,300 per ounce by the end of the year

According to an analytical note from JPMorgan specialists, the price of gold could rise to $6,300 per ounce by the end of 2026. This represents an increase of 33% compared to current prices. Despite the recent collapse of the precious metals market, the company's experts are confident that such a price level will be reached due to strong demand from central banks and investors.

03.02.2026, 09:00
Economy

In Kyrgyzstan, a consortium for supporting small and medium-sized enterprises is being established

By the decree of President Sadyr Japarov, a decision has been made to create a consortium aimed at supporting small and medium-sized enterprises in the country. This new consortium will bring together various structures, including government bodies, financial institutions, educational organizations, and international partners. The initiative aims to enhance the transparency and effectiveness of government policy in the field of small and medium-sized businesses.

03.02.2026, 08:58
In Chui District, onions are sold at the fair for 16 soms
Economy

In Chui District, onions are sold at the fair for 16 soms

In response to rising prices, the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan organized a food fair in the Chui region. The event provided local residents with the opportunity to purchase products directly from producers, which helped avoid additional costs from intermediaries. Prices at the fair turned out to be quite attractive: onions were offered at 16 soms, potatoes at 37 soms, and fresh meat could be bought starting from 680 soms per kilogram.

03.02.2026, 08:58
Economy

China's Chairman Xi Jinping Proposes Making the Yuan a Global Reserve Currency

Xi Jinping, the Chairman of China, has proposed an initiative to transform the yuan into a world-class reserve currency. This was reported by the Financial Times. The head of the People's Republic of China emphasized the need to create a "powerful currency" that can be widely used in international trade, as well as in financial and investment markets.

03.02.2026, 08:49