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Economy

Bishkek Budget Project. Revenues in 2026 are projected at 32.9 billion soms

The draft resolution "On the Approval of the Budget of Bishkek for 2026 and the Planned Period of 2027-2028" has been submitted for public discussion, according to information from the city hall. According to preliminary estimates, the revenue part of the budget for 2026 will amount to 32 billion 873 million 616.8 thousand soms, including targeted transfers from the republican budget.

03.02.2026, 08:35
Exchange rates for February 3
Economy

Exchange rates for February 3

As of February 3, 2026, the National Bank has published the official exchange rates of foreign currencies against the som. Notably, compared to the data from January 31, 2026, the following changes have been observed: - 1 US dollar (USD) remains at 87.45 soms (no change) - 1 euro (EUR) decreased from 104.3891 to 103.6370 soms - 1 Russian ruble (RUB) decreased from 1.1589 to 1.1449 soms - 1 Kazakh tenge (KZT) decreased from 0.1746 to 0.1733 soms - 1 Chinese yuan (CNY) slightly dropped from

03.02.2026, 08:33
Chinese companies invest in the digitalization of Kyrgyzstan's cities
Economy

Chinese companies invest in the digitalization of Kyrgyzstan's cities

At a meeting with representatives of Chinese companies, such as Shanghai Minghou Xufu Business Consulting Management Co., Ltd. and Anté Lingkun (Shanghai) Technology Co., Ltd., the head of the National Investment Agency, Ravshanbek Sabirov, discussed the prospects for cooperation. This information was prepared by the press service of the national agency. Photo of the NIA

02.02.2026, 22:11
Economy

National Program until 2030: 35 Trade and Logistics Centers and 262 Processing Enterprises Planned to Open in Kyrgyzstan's Regions, - Ministry of Agriculture

In Kyrgyzstan, the development of the processing industry and trade-logistics infrastructure is planned until 2030 as part of the national program. This was announced on the radio by Bayastan Rayymbekov, a leading specialist in the processing industry and organic department of the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. The program envisions the creation of 385 new processing enterprises. Currently, there are already 485 processing enterprises

02.02.2026, 19:40
Economy

Kyrgyzstan imported over 1 million tons of cement in the 11 months of 2025.

According to data from the National Statistical Committee, Kyrgyzstan imported 1.1 million tons of cement during the first 11 months of 2025. This volume is significant, as it has increased by 2.2 times compared to the same period in 2024. The majority of the cement was imported from neighboring countries: 0.6 million tons came from Uzbekistan, which corresponds to a growth of 4.5 times, and 0.4 million tons from Kazakhstan, increasing by 1.2 times.

02.02.2026, 19:19
Economy

Degradation of Pastures in Kyrgyzstan Caused by Lack of Management and Unregulated Livestock Grazing After the Collapse of the USSR, - Ministry of Agriculture

In Kyrgyzstan, the degradation of pastures has become a serious problem that arose due to the lack of systematic management after the collapse of the Soviet Union and uncontrolled grazing of livestock. This was reported by Natalia Kilyazova, head of the pasture and forage department at the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, in an interview on the radio. According to her, since 1991, pasture rotation and the use of pasture turnover have ceased in the country,

02.02.2026, 19:15
Economy

The authorities of Kyrgyzstan expect a record budget surplus in the coming years

In accordance with the budget parameters plan for 2027-2028 presented by the Ministry of Finance, the information is contained in the Law of the Kyrgyz Republic "On the Republican Budget of the Kyrgyz Republic for 2026 and the planned period of 2027-2028." Link to the document. It is expected that in 2027, the budget surplus will amount to 40 billion 663.6 million soms, which corresponds to 1.7% of GDP. In 2028, it will increase to 51 billion 717.3 million soms, or 1.9% of GDP.

02.02.2026, 18:50
Economy

Ministry of Agriculture: Suusamyr Pastures are Experiencing Overgrazing Due to Pressure from Several Regions

- The Suusamyr Valley, which serves as an important summer pasture, is experiencing high pressure on its territories due to its use by several regions of the country. This was reported on the radio by Natalia Kilyazova, head of the pasture and feed department of the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures under the Ministry of Agriculture. According to Kilyazova, Suusamyr is an important pasture for regions such as Chui, Talas, Jalal-Abad, and Naryn.

02.02.2026, 18:19
Economy

The scientist believes that the spread of caragana is complex and requires a deep analysis of the causes of pasture degradation.

- The problem of the growth of the shrub Caragana in the pastures of Kyrgyzstan is complex and cannot be assessed merely as a negative phenomenon. This point of view was expressed by Dmitry Milko, a senior researcher at the Institute of Biology of the National Academy of Sciences of the Kyrgyz Republic. In his opinion, the term "harm of talypozy" lacks clear biological boundaries and requires a deeper analysis of the ongoing changes.

02.02.2026, 18:10
Economy

Where did Kyrgyzstan allocate nearly 2.8 billion soms in 2025? — Membership fees to international organizations

- In accordance with order No. 1177-t, signed on December 31, 2025, the Cabinet of Ministers of Kyrgyzstan updated the list of international organizations and integration associations to which the republic will make membership and contribution payments in 2025. The total amount of contributions provided for in the budget is 2 billion 747.4 million soms. The new list replaces the previous version approved in April 2025 and aims to simplify issues related to financing the country's

02.02.2026, 18:09
Economy

The Head of the IMF Named 4 Factors of Global Economic Resilience

- According to Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), several key factors influence the resilience of the global economy, including private sector activity, the restrained impact of trade tensions, the growing significance of artificial intelligence, and government support measures for businesses and households. She expressed these thoughts during an interview at the World Economic Forum, where she also announced that the IMF has updated its

02.02.2026, 16:50
Bailiffs recovered over one million soms from LLC in favor of the State Tax Service
Economy

Bailiffs recovered over one million soms from LLC in favor of the State Tax Service

As a result of the work of the bailiff service under the General Prosecutor's Office of the Kyrgyz Republic, an amount of 1,035,694 soms was recovered in favor of the State Tax Service. This information was announced by representatives of the service. According to available data, the Suzak District Department completed the enforcement proceedings in the case of LLC "Jasur-Komur" based on the decision of the Suzak District Court issued on September 24, 2025. The amount to be

02.02.2026, 16:47
Sewing Factory "Eurasia Group" Expands Production in Osh Region
Economy

Sewing Factory "Eurasia Group" Expands Production in Osh Region

Ravshanbek Sabirov, head of the National Investment Agency under the President, conducted a working visit to the sewing factory "Eurasia Group," located in the Osh region. According to the agency's press service, the purpose of the visit was to study the progress of the second phase of the investment project aimed at expanding the enterprise.

02.02.2026, 16:16
Economy

Soil Nutrient Analysis Conducted in Kyrgyzstan. Laboratory Addresses

Farmers wishing to conduct soil analysis for nutrient content can use the services of official laboratories. Information about their addresses was provided by the press service of the Ministry of Water Management and Agriculture of Kyrgyzstan. Chuy Region: Central Specialized Control and Toxicology Laboratory. Address: Sokuluk District, village of Kozhomkul (formerly Voenno-Antonovka), Toktogul Street, 3. Head of the laboratory - A. Kulmanbetova. Phone: 0707 98 97 45. Osh Region: Osh

02.02.2026, 15:36
Economy

The Asian Infrastructure Investment Bank will allocate $50 million to Kyrgyzstan

At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development, an agreement on credit support for Kyrgyzstan from the Asian Infrastructure Investment Bank was presented, prepared by the Ministry of Finance of the Kyrgyz Republic. As reported by Deputy Minister of Finance Nurbek Akjolov, within the framework of the project "Development of a Sustainable Financial Market for Micro, Small, and Medium Enterprises in the Kyrgyz

02.02.2026, 15:05
Economy

The composition of flour imported from Russia and Kazakhstan raises questions, - deputy

Deputy of the Jogorku Kenesh Aisarakana Abdibaeva addressed the Ministry of Agriculture at a meeting of the "Mekenchil" deputy group on January 30, 2026, with a question about how capable Kyrgyzstan is of independently providing itself with basic food products. Deputy Minister of Agriculture Zhanibek Kerimaliev informed that the republic fully provides itself with six out of nine socially significant products, while for the other three, it only meets 50% of the needs.

02.02.2026, 14:40
Economy

Kyrgyzstan received over 520 thousand tons of gasoline from Russia in 2025

According to the publication "Kommersant," in 2025, the total volume of Russian gasoline supplies by rail amounted to 2.6 million tons. According to the information, Kyrgyzstan took one of the leading positions among importing countries, purchasing 526 thousand tons of fuel. Significant volumes were also sent to Mongolia (820 thousand tons), Uzbekistan (510 thousand tons), and Tajikistan (406 thousand tons).

02.02.2026, 14:38
Economy

The business proposes to change the land buyout methodology to avoid the bankruptcy of construction companies. Amendments to the law are being discussed, - Sergey Ponomaryov

On January 30, 2026, a meeting of business representatives with government authorities took place, organized at the initiative of President Sadyr Japarov. This was reported by Sergey Ponomarev, president of the Association of Markets, Trade Enterprises, and Services, in an interview with Tazabek. Attending the event were Bishkek Mayor Aybek Junushaliev, Minister of Construction Nurdin Oruntaev, and other representatives of the municipality, indicating the importance of the issues discussed.

02.02.2026, 14:30
Economy

The National Bank of the Kyrgyz Republic's eleven percent rate will remain until the end of 2026 — EDB

The Eurasian Development Bank has published its traditional weekly macroeconomic review, forecasting that the National Bank of Kyrgyzstan's interest rate will remain at 11 percent until the end of 2026. It is important to note that at the beginning of this year, the regulator decided not to change the discount rate, keeping it at the same level. As of mid-January 2026, the annual inflation rate was 9.4 percent.

02.02.2026, 14:18
Kyrgyzstan and the USA are developing investment cooperation
Economy

Kyrgyzstan and the USA are developing investment cooperation

From February 2 to 3, 2026, important bilateral meetings are taking place at the National Investment Agency under the President of the Kyrgyz Republic. Key American companies and representatives of the state bodies of Kyrgyzstan are participating in these meetings. The purpose of these meetings is to strengthen economic and investment cooperation between Kyrgyzstan and the United States, as well as to expand business ties in key sectors of the economy.

02.02.2026, 14:11
Economy

The Ministry of Agriculture plans to increase agricultural production by 30% by 2030.

- The Ministry of Water Resources, Agriculture, and Processing Industry, in collaboration with several other agencies, has developed a strategy aimed at increasing agricultural production by 30% by 2030. This was stated in an interview with the radio by Aziret Ismailov, the leading specialist in the monitoring and planning department. According to Ismailov, the program will focus on the development of sectors such as livestock, crop production, water management, and the processing industry.

02.02.2026, 14:06
Economy

A consortium of institutions to support small and medium-sized enterprises has been established

President Sadyr Japarov signed a decree dedicated to the creation of a consortium of institutions supporting small and medium-sized businesses in Kyrgyzstan. This step is aimed at uniting the efforts of government agencies, educational institutions, financial institutions, and international partners. It will enhance the effectiveness and transparency of entrepreneurship support policies, based on Articles 66 and 71 of the Constitution of the Kyrgyz Republic. In accordance with this decree, it

02.02.2026, 14:03
Economy

The National Bank will transfer all profits to the budget. The relevant committee approved the bill.

The Committee on Finance, Budget, Entrepreneurship, and Competition Development of the Jogorku Kenesh gave a positive conclusion on the draft law "On the Issues of Transferring the Profit of the National Bank of the Kyrgyz Republic." According to this draft law, all profits earned by the National Bank will be transferred to the republican budget, but only after the financial statements are verified by an independent external audit.

02.02.2026, 13:49
Bakyt Torobaev: "We are becoming less dependent on imported meat"
Economy

Bakyt Torobaev: "We are becoming less dependent on imported meat"

During the farmers' fair at the Turdakun Usubaliev Square in Bishkek, the Minister of Water Resources, Agriculture, and Processing Industry, Bakyt Torobaev, gave an interview to a correspondent from VB.KG. The main focus was on poultry production, which is considered a socially significant and in-demand product among the population.

02.02.2026, 13:29
Economy

In the lower zone of the Sokuluk district, there is a shortage of irrigation water. The State Agency for Water Resources named the reason.

Deputy of the Jogorku Kenesh Abdyldabek Egemberdiev raised the pressing issue of the lack of irrigation water in the lower part of the Sokuluk district at a meeting of the "Mekenchil" group held on January 30, 2026. He noted that in the past, there was no shortage of water resources in the villages of Nizhnechuyisk, Kamyshanovka, and Zhany-Pakhta. However, the situation has changed recently, and the lack of water has led to conflicts among local residents, even resulting in physical

02.02.2026, 13:18
Economy

80% of mineral fertilizers in Kyrgyzstan are imported from Uzbekistan, - Ministry of Agriculture

At the meeting of the "Mekenchil" deputy group on January 30, 2026, Kunduzbek Sulaymanov raised an important issue regarding Kyrgyzstan's dependence on the import of mineral fertilizers from neighboring countries. The deputy noted that earlier there were reports about plans to build a factory in 2026, which was supposed to reduce the need for purchases from Russia and Kazakhstan. Sulaymanov expressed doubt as to why the republic still relies on imports.

02.02.2026, 13:11
Economy

A Third of All Taxes. VAT Revenues to the Budget Increased in Kyrgyzstan

According to the Ministry of Finance, in 2025, Kyrgyzstan received 164 billion soms from VAT. This was made possible due to the increase in the collection of taxes on goods and services produced in the country, which amounted to 43.8 billion soms. The amount of VAT from goods imported from EAEU countries reached 49.4 billion soms, while imports from third countries contributed 67.5 billion soms. Additionally, the tax on electronic services from foreign companies amounted to 1.2 billion soms,

02.02.2026, 12:36
The LDPR Initiative May Strike a Blow to Kyrgyzstani Tailors
Economy

The LDPR Initiative May Strike a Blow to Kyrgyzstani Tailors

Leonid Slutsky, head of the LDPR, has proposed introducing VAT on imported light industry goods if there are Russian analogues available. Although this initiative is aimed at Western and Asian brands, it could negatively impact Kyrgyzstan, which is one of the closest allies within the Eurasian Economic Union.

02.02.2026, 12:20
The Accounts Chamber identified financial violations in the Ministry of Transport
Economy

The Accounts Chamber identified financial violations in the Ministry of Transport

As a result of the audit conducted by the Audit Chamber of the Kyrgyz Republic in 2024, financial and procedural violations were found in the activities of the Ministry of Transport and Communications. The agency reported that the audit covered several aspects, including the implementation of the republican budget and the economic activities of both the ministry itself and its subordinate organizations.

02.02.2026, 12:16
Economy

The Cabinet transferred 31 hectares of land to the Balıkçı city administration for municipal ownership.

- The decision to transfer a land plot of 31 hectares into the municipal ownership of the Balakchy mayor's office was approved by the Cabinet of Ministers. This order was signed on January 22, 2026, and pertains to a plot located in the northwestern part of the city in the Ak-Chiy area. Previously, this plot, which has the identification code 2-07-07-0010-1321, was state-owned and will now be transferred to the municipal balance through the State Agency for Management of State Property.

02.02.2026, 11:53
"Why Shablovsky's Kyrgyz Technologies Are Being Sought After Worldwide"
Economy

"Why Shablovsky's Kyrgyz Technologies Are Being Sought After Worldwide"

On February 1, Kubanychbek Kulov, the former director of the Kyrgyz Scientific Research Institute of Irrigation, will celebrate his 75th anniversary. In his reflections, he touches on the most important topic of the 21st century — the melting of glaciers and the future of water resources in Kyrgyzstan. In this article, Kulov also pays tribute to his colleague Vitaly Shablovsky, a "man-phenomenon," whose work in the field of automated water resource management is attracting interest

02.02.2026, 11:32
Economy

Monitoring of the development of transport corridors will continue in the EAEU countries

The Council of the Eurasian Economic Commission approved the annual report, which analyzes the results of projects aimed at improving railway, road, and port infrastructure within the framework of the Eurasian transport corridors. Arzybek Kozhoshev, the Minister of Energy and Infrastructure of the Commission, noted that the analysis results show that the countries of the "five" are actively working together with the EEC on the development of the infrastructure of the Eurasian

02.02.2026, 11:29
Tajikistan Increased Electricity Exports by One Third in 2025
Economy

Tajikistan Increased Electricity Exports by One Third in 2025

At the end of 2025, Tajikistan was able to boast impressive figures in the energy sector, increasing electricity exports to 5.356 billion kWh. The main contribution to foreign currency earnings came from the republic's neighbors: Afghanistan, Uzbekistan, and Kyrgyzstan, which brought Tajikistan $97.3 million (913 million somoni).

02.02.2026, 11:17
Kyrgyzstan Secured Duty-Free Import of Sugar and Cocoa Until 2027
Economy

Kyrgyzstan Secured Duty-Free Import of Sugar and Cocoa Until 2027

At a recent meeting of the Eurasian Economic Commission (EEC) Council held in Moscow, a package of strategic measures was discussed that could provide a significant boost to the agricultural sector of Kyrgyzstan. One of the main successes of the delegation, led by First Deputy Prime Minister Daniyar Amangeldiev, was obtaining tariff preferences for the import of 20,000 tons of raw cane sugar. This initiative, effective until the end of 2026, will ensure full capacity utilization of domestic

02.02.2026, 11:09
Market Crash. How Much Value Did the Gold Bars of the National Bank of Kyrgyzstan Lose?
Economy

Market Crash. How Much Value Did the Gold Bars of the National Bank of Kyrgyzstan Lose?

Photo by the National Bank of the Kyrgyz Republic. Gold bullion bars A sharp decline occurred in the precious metals market at the end of last week, leading to a significant crash. Over 36 hours, the total capitalization of this sector fell by more than $7 trillion. The price of gold, which is traditionally considered a safe asset, dropped by 13.6 percent. The price of an ounce of gold fell below $4,900, resulting in a decrease in the total capitalization of the metal by $5 trillion.

02.02.2026, 10:56
Economy

The Ministry of Agriculture reported on the condition of pastures and the fight against bushy caragana in the Susamyr Valley

- A special methodological guide has been created in Kyrgyzstan to quickly identify pasture degradation. This was reported by Natalia Kilyazova, head of the pasture and feed department at the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, on the radio. According to Kilyazova, organizations such as Kyrgyzpastbishche, the Institute of Pastures and Forage, and the Veterinary Service of Pasture Management under the Ministry of Agriculture participated in the development of

02.02.2026, 10:46
Kirill Khomyakov: The KR Can Become the Crypto Hub of the Region if It Maintains the Reform Pace
Economy

Kirill Khomyakov: The KR Can Become the Crypto Hub of the Region if It Maintains the Reform Pace

, Maxim POLETAEV Kyrill Khomyakov, who holds the position of regional director of Binance in Central and Eastern Europe, Central Asia, and Africa, explained in an interview with 24.kg why Kyrgyzstan has become one of the main focuses for the company, what cryptocurrency is in simple terms, how to avoid fraud, and what the role of digital som is for the country. Photo 24.kg Reference 24.kg Binance is the world's largest cryptocurrency ecosystem and international trading platform by trading

02.02.2026, 10:35
Economy

"Rosatom Aims to Implement 3D Technologies in Kyrgyzstan's Hydropower Sector"

The corporation "Rosatom" intends to implement 3D technologies in the hydropower sector of Kyrgyzstan, according to information from its press service. This collaboration will focus on the use of additive technologies in the field of renewable energy in the country. The parties have already signed an agreement that includes the production of equipment for both new and existing hydropower facilities using three-dimensional printing. As part of this partnership, a wide range of

02.02.2026, 10:31
Meat Without Intermediaries and Honey to Europe: Torobaev Inspected the Fair
Economy

Meat Without Intermediaries and Honey to Europe: Torobaev Inspected the Fair

A farmers' fair was held in the capital's Turdakun Usubaliev Square, which was attended by Deputy Chairman of the Cabinet of Ministers Bakyt Torobaev. During the visit, the minister not only familiarized himself with the presented assortment but also analyzed the problems faced by local producers. Torobaev carefully examined the trade rows and communicated with the fair participants. He inquired with beekeepers about their readiness for new export opportunities, reminding them that

02.02.2026, 09:58
Exchange rates in commercial banks of Kyrgyzstan as of February 2
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 2

Information was collected from the websites of commercial banks. If you have questions regarding the data, it is recommended to contact the respective banks. The data is current as of the time of publication. Please note that the exchange rates are intended for cash transactions and may change throughout the day.

02.02.2026, 09:53
Economy

Agricultural machinery for reclamation, purchased for $2.5 million, will be provided on a leasing basis, - Ministry of Agriculture

The Deputy Prime Minister of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev visited the enterprise GP "Kyrgyzmamasyltukumzavod," located in the village of Frunze in the Sokuluk district, as reported by the press service of the Ministry of Agriculture. During his visit, Torobaev examined the implementation of reclamation technologies aimed at restoring degraded arable land, as well as familiarized himself with modern examples of

02.02.2026, 09:52
Economy

"Kygryzindustriya": What Happened to the Holding Companies Over Four Years

The holding "Kyrgyzindustry" was established in 2022 with a charter capital of 1 billion soms. The government made the decision to transfer the production facilities of the Bishkek stamping plant to its management with the aim of modernizing the industry and optimizing the management of state assets. From the very beginning of its existence, the structure faced criticism, and despite significant investments and support from the budget, the results of its work turned out to be

02.02.2026, 09:50