Economy

Business Opposes the Creation of a National Reinsurance Operator

Today, at a meeting of the Financial Market Regulation and Supervision Service, members of the International Business Council (IBC) expressed a unified position against the initiative to create a national operator in the field of reinsurance. This information was announced by representatives of the IBC. In the association, it was noted that the concept proposed by the government contradicts the goals of developing the insurance sector. The business community believes that the document creates a

26.01.2026, 17:30
Taxpayers Will Be Able to Obtain Exemption for Jewelry Without Documents
Economy

Taxpayers Will Be Able to Obtain Exemption for Jewelry Without Documents

The State Tax Service of the Kyrgyz Republic has clarified the process of digital registration The State Tax Service (STS) of Kyrgyzstan has reported that citizens can avoid liability and not fulfill the obligations of a tax agent regarding jewelry made from precious metals, even if they lack primary documents.

26.01.2026, 17:03
Economy

The Ministry of Economic Development spoke about the development program until 2030

In accordance with the national development program of the Kyrgyz Republic, the goal by 2030 is to increase the country's gross domestic product to 30 billion dollars. This was reported on the air of one of the television channels by the First Deputy Minister of Economy and Commerce, Choro Seyitov. He noted that by the end of 2025, the GDP of Kyrgyzstan in dollar terms is expected to be around 22 billion dollars, which indicates stable economic growth after the pandemic.

26.01.2026, 16:52
Economy

The Housing Committee approved in the first reading a loan of $31.79 million for the health of people, animals, and ecosystems.

Today, January 26, at a meeting of the Committee on International Affairs, Defense, Security, and Migration, a bill concerning the ratification of the Agreement on Financing and the Grant Agreement for the project "Phase 1 for the Kyrgyz Republic" under the "One Health" Program was reviewed and approved. This project aims to prevent pandemics, strengthen the resilience of food systems, and protect the health of ecosystems in Central Asia. The agreement was signed on July 11,

26.01.2026, 16:49
Kyrgyzstan Begins Large-Scale Preparation for the Global Mountain Summit
Economy

Kyrgyzstan Begins Large-Scale Preparation for the Global Mountain Summit

Kyrgyzstan officially launches preparatory activities for one of the most significant international events of the last decade. The Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, signed an order to establish an organizing committee for the Second Global Mountain Summit "Bishkek+25," scheduled for 2027.

26.01.2026, 16:23
Economy

The EEC Council has sent the draft Agreement on Electronic Trade to the EAEU countries for preparation for signing.

The Council of the Eurasian Economic Commission (EEC) has given the green light to the draft Agreement concerning electronic trade in goods within the Eurasian Economic Union. This was reported by official sources from the EEC. The document has been sent to the member states for the completion of internal procedures necessary before signing. The main goal of the Agreement is to establish uniform rules for conducting electronic trade in the internal market of the EAEU. “This extensive work was

26.01.2026, 16:09
Under the OSAGO policies, Kyrgyz citizens have received 256 million soms.
Economy

Under the OSAGO policies, Kyrgyz citizens have received 256 million soms.

Kyrgyz citizens received 256 million soms under mandatory auto liability insurance (OSAGO) policies. This was reported by Marat Pirnazarov, chairman of the Financial Market Regulation and Supervision Service, in an interview on Birinchi Radio. According to him, the highest number of payouts was related to voluntary types of insurance. In particular, personal insurance accounted for 165 million soms, while property insurance recorded a total payout of 625 million soms.

26.01.2026, 15:50
Economy

When will the rise in prices for meat, butter, and flour stop? - Deputy

At the meeting of the Committee of the Jogorku Kenesh, held on January 26, 2026, Deputy Kamila Talieva raised the issue of the reasons for the rise in food prices in the country. She was interested in when the increase in prices for essential products such as meat, vegetable oil, and flour could be expected to stop. The answer to this question was provided by the head of the Antimonopoly Service, Jenaly Orozbaev, who noted that the current legislation does not allow for price regulation in the

26.01.2026, 15:37
Economy

The Cabinet intends to obtain permission to regulate prices for works and services

At the meeting of the committee on finance, budget, entrepreneurship, and competition development of the parliament, amendments to the Law "On Pricing" proposed by the chairman of the cabinet of ministers were discussed. Deputy Minister of Economy and Commerce Benazir Nurlanova reported that if the amendments are approved, the government will gain the right to regulate prices not only on socially significant goods but also on certain works and services, the list of which will be

26.01.2026, 15:32
Economy

EU countries have approved a complete ban on the import of Russian gas starting in 2027

By the end of 2026, the European Union will complete the import of liquefied natural gas from Russia, and pipeline gas will cease to flow to the countries of the bloc by September 30, 2027. This decision, as reported on the EU Council's website, makes the rejection of Russian gas "legally binding" for all member states. Despite this, objections to the ban have come from Slovakia and Hungary. Nevertheless, a majority of votes was sufficient to adopt this decision. Hungary plans to

26.01.2026, 14:47
Economy

Construction sites without a "single passport" identified in Bishkek

During raids to inspect construction sites in Bishkek, cases were found where the "single passport" is missing for some of them. The City Department of the State Architectural and Construction Control under the Ministry of Construction identified a number of sites that were not registered in the official registry.

26.01.2026, 14:41
The sectors with the highest salary growth in Kyrgyzstan have been named
Economy

The sectors with the highest salary growth in Kyrgyzstan have been named

According to data for the period from January to November 2025, the average monthly nominal salary of one employee in Kyrgyzstan, excluding small enterprises, amounted to 42,954 soms. This figure increased by 19.1 percent compared to the same period in 2024. Taking into account the rise in consumer prices, real wages during the reporting period increased by 10.2 percent, confirming a positive trend in income growth among the population.

26.01.2026, 14:24
Economy

Kyrgyzstan Became a Leader in Re-exporting New Toyotas to Russia

According to Sergey Tselikov, head of the analytical agency "Autostat," almost half of the new Toyotas (49.8%) were imported into Russia through Kyrgyzstan. The expert noted that this method turned out to be more advantageous in terms of customs procedures. At the same time, 33.8% of the cars came from China, where 80% of all Toyotas that ended up in the Russian market were produced.

26.01.2026, 14:14
Economy

In Kyrgyzstan, the production of natural fruit pastille is expanding

The individual entrepreneur "Nakta Kak" plans to increase the production volumes of fruit pastille. The information was provided by the press service of the Ministry of Water Agriculture. Currently, the company offers more than 25 different types of pastille made from local ingredients. These products fully comply with modern standards of healthy eating and naturalness, and are in steady demand in the market.

26.01.2026, 14:14
Economy

In Kyrgyzstan, dairy products worth 19.4 billion soms were produced by the end of 2025.

The volume of dairy product production in the Kyrgyz Republic at the end of 2025 amounted to 19 billion 374 million 532.1 thousand soms, according to statistical data. In 2024, this figure was at the level of 18 billion 60 million 504.4 thousand soms. In December 2025, the production of dairy products increased to 1 billion 619 million 991.2 thousand soms, which significantly exceeds the December result of 2024, when the volume was 1 billion 331 million 838.9 thousand soms. The physical volume

26.01.2026, 14:09
Chinese investor to invest $300 million in the construction of a cascade of hydropower plants on the Tar River
Economy

Chinese investor to invest $300 million in the construction of a cascade of hydropower plants on the Tar River

The government of Kyrgyzstan has announced the launch of a large-scale hydropower project in the Osh region, which promises to significantly strengthen the energy system of the southern region. Recently, a Memorandum of Understanding was signed between the Cabinet of Ministers of the Kyrgyz Republic and the investment company "Kyrgyzstan Reclaim Co. LTD," which officially confirms the intentions of the parties to construct a cascade of small hydropower plants.

26.01.2026, 14:09
Economy

Kyrgyzstan's Foreign Trade with Third Countries Decreased by 13.7% in 2025, Amounting to $9.4 Billion

- According to information from the State Customs Service, the volume of Kyrgyzstan's foreign trade with third countries for 2025 amounted to $9 billion 486.84 million, which is a decrease of 13.7% compared to 2024. In 2024, this figure reached $10 billion 992.53 million, indicating a monetary decrease of $1 billion 505.69 million. Interestingly, in weight terms, the turnover increased: in 2025 it amounted to 6 million 914.63 thousand tons, which is 23.1% more compared to 2024, when the

26.01.2026, 14:07
Economy

The EFSR Forecasts a Decrease in the Share of Imports in Kyrgyzstan's GDP

According to forecasts by analysts from the Eurasian Fund for Stabilization and Development, by 2026, the share of imports of goods and services in Kyrgyzstan's gross domestic product (GDP) may reach 70.3%, while in 2027 and 2028, it is expected to be 66.5% and 63.6%, respectively. There will continue to be a trend towards reducing the current account deficit, primarily due to a decrease in import volumes in machine engineering against a backdrop of stable export levels and remittances.

26.01.2026, 13:52
Economy

In Kyrgyzstan, grain harvest in 2025 decreased by 14.2%, totaling 1.8 million tons

- In Kyrgyzstan, the grain harvest in 2025 amounted to 1.8 million tons (excluding legumes, rice, and buckwheat, in weight after processing), as reported by the National Statistical Committee. Compared to the previous year, 2024, there is a decrease of 14.2%. This is due to a reduction in the gross yield of wheat and barley, which fell by 26.2% and 26.5%, respectively.

26.01.2026, 13:50
The Social Fund Increased Pension Savings Investments in 2025
Economy

The Social Fund Increased Pension Savings Investments in 2025

According to the report of the Social Fund, from January to December 2025, 22 billion 797.6 million soms were invested from the State Accumulation Pension Fund (GNPF). The largest share of these funds was directed towards government securities, where 11 billion 885.4 million soms were placed with yields ranging from 12.86% to 16.00% per annum.

26.01.2026, 13:34
Economy

Kyrgyzstan Leads Among EAEU Countries in Retail Trade Growth

- The retail trade volume in the Kyrgyz Republic from January to November 2025 reached 960.4 billion soms, increasing by 22.6% compared to the same period in 2024. This data is provided by the EAEU statistics. Trade growth in Kyrgyzstan was the highest among all countries of the Eurasian Economic Union. For comparison, Armenia recorded a growth of 6.3%, Belarus — 7.1%, Kazakhstan — 7.3%, while in Russia the growth rate was only 2.5%.

26.01.2026, 13:23
In the Sokuluk District, plans are underway to expand the production of fruit pastille.
Economy

In the Sokuluk District, plans are underway to expand the production of fruit pastille.

html As part of the "30+20+10" project, employees of the Department of Processing and Organic Agriculture held a working meeting with the individual entrepreneur "Nakta Kak," who is engaged in the production of fruit pastille. According to information from the Ministry of Agriculture, this enterprise aims to produce environmentally friendly and natural products, without the addition of artificial components and preservatives.

26.01.2026, 13:16
Economy

Housing prices are rising due to migrant investments: a deputy suggests investing in business

- According to Deputy Bolot Sagyneyev, at a meeting of the Committee of the Jogorku Kenesh on Science, Education, Innovative Development and Information Technologies, Culture, Sports, and Youth Affairs, approximately 70,000 labor migrants have returned to Kyrgyzstan. Sagyneyev noted that most of them left with only a secondary education, which limits their opportunities for employment in the country's government institutions.

26.01.2026, 13:16
The tax authority reminded about the deadlines for entering jewelry items into the EFS system
Economy

The tax authority reminded about the deadlines for entering jewelry items into the EFS system

According to the State Tax Service, taxpayers have the opportunity to be exempt from liability if they possess jewelry made of precious metals without primary documents. To do this, it is necessary to register a special electronic document in the electronic invoice system. The deadline for completing this procedure is set for March 1, 2026, after which it will no longer be possible to take advantage of this opportunity.

26.01.2026, 12:24
Farmers of Kara-Kulja were explained the new mechanisms of state support
Economy

Farmers of Kara-Kulja were explained the new mechanisms of state support

A training caravan "AgroZooVet–2026" took place in the Kara-Kuldja district, which became an important educational event for local farmers. The seminar, organized by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, gathered agrarians to discuss modern technologies and opportunities for financial support.

26.01.2026, 12:24
Economy

Residents of villages cannot obtain loans from development funds, the funds are only available to officials, - deputy

- At the meeting of the Committee of the Jogorku Kenesh on Science, Education, Innovative Development and Information Technologies, Culture, Sports, and Youth Affairs on January 26, 2026, deputy Bolot Sagynayev reported that residents of rural areas are unable to obtain credit funds from development funds. According to him, residents complain that these funds can only be accessed by high-ranking officials, while ordinary people do not have access to them.

26.01.2026, 12:05
Economy

Kyrgyzstan Ranks Second Among EAEU Countries in Growth of Housing Commissioning

- According to data from the EAEU Statistics Department, in Kyrgyzstan, from January to November 2025, 1 million 491.4 thousand square meters of housing were put into operation. This result demonstrates a growth of 31.4% compared to the same period last year. This increase is one of the most impressive among the Union countries: only in Armenia was the growth rate higher — 73.2%. Meanwhile, in Belarus, the increase was 7.8%, in Kazakhstan — 3.9%, while Russia recorded a decrease of 2.4%.

26.01.2026, 12:00
"Nutrition of Nomads". The Ministry of Defense is interested in a new bean-based product
Economy

"Nutrition of Nomads". The Ministry of Defense is interested in a new bean-based product

Photo courtesy of the press service of the Ministry of Water Resources and Agriculture. Ruslanbek Kenjaliev, an entrepreneur from Talas, has created an eco-friendly protein from beans, known as "the nutrition of nomads," thanks to six years of research and practical experience. This information was provided by the press service of the Ministry of Water Resources and Agriculture. According to the press service, this product is characterized by high nutritional value, is easily

26.01.2026, 11:52
Economy

As of January 1, there were 300.7 billion soms in circulation

- According to the National Bank, the total money supply as of January 1, 2026, amounted to 300 billion 778.3 million soms. Of this amount, 36 billion 166.7 million soms were held in the cash reserves of commercial banks, while 264 billion 611.6 million were outside the banking system.

26.01.2026, 11:42
Economy

The Ministry of Construction suspended the license of the construction company "Aalam Stroy" for 90 days

- On January 20, a decision was made to suspend the license of the construction company "Aalam Stroy," which will last for 90 days. This became known on January 24 from the press service of the Ministry of Construction. The company "Aalam Stroy" was fined a total of 3 million soms. The license suspension occurred following an inspection conducted on January 17, which involved the Minister of Construction Nurdin Oruntaev.

26.01.2026, 11:38
BCHC is pouring concrete: a project for 37 million euros will reduce water losses by half
Economy

BCHC is pouring concrete: a project for 37 million euros will reduce water losses by half

Photo 24.kg. Large Chui Canal With the completion of negotiations between the Cabinet of Ministers and the European Bank for Reconstruction and Development, the implementation of an ambitious project to concrete the western branch of the Large Chui Canal begins. This information was announced by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. Deputy Prime Minister Bakyt Torobaev noted that the parties are at the stage of preparing the agreement.

26.01.2026, 11:37
The IT Industry of Kyrgyzstan Has Contributed Approximately 40 Billion Som to the Economy Over 12 Years
Economy

The IT Industry of Kyrgyzstan Has Contributed Approximately 40 Billion Som to the Economy Over 12 Years

The information was presented at a meeting of the Jogorku Kenesh committee dedicated to the activities of the High-Tech Park. The IT sector of Kyrgyzstan has contributed approximately 40 billion soms to the country's economy over the past 12 years. This information was announced on January 26, 2026, at a meeting of the Jogorku Kenesh Committee, which discussed the work of the High-Tech Park and its impact on science, education, and innovative development.

26.01.2026, 11:32
Economy

Taxpayers Can Obtain Exemption from Tax Agent Obligations Regarding Jewelry Without Primary Documents

- Taxpayers can receive an exemption from fulfilling the duties of a tax agent regarding jewelry made of precious metals if primary documents are absent. This information was announced by the press service of the State Tax Service. To take advantage of this benefit, it is necessary to register the corresponding electronic document in the electronic invoice system by March 1, 2026.

26.01.2026, 11:16
Exchange rates in commercial banks of Kyrgyzstan on January 26
Economy

Exchange rates in commercial banks of Kyrgyzstan on January 26

Information was gathered from the websites of various commercial banks. If you have questions regarding the provided data, it is recommended to contact the banks directly. The data is current as of the time of publication and pertains to rates applicable for cash currency exchange. Rates may change throughout the day.

26.01.2026, 11:08
Economy

The price of gold has exceeded $5000 per ounce for the first time, - Bloomberg

- Bloomberg's report confirms that the price of gold has exceeded $5000 per ounce for the first time. The sustained rise in prices is attributed to changes in international politics initiated by U.S. President Donald Trump, as well as investors fleeing from government bonds and currencies. Over the past two years, the value of gold has more than doubled. This is related to the so-called "devaluation trading," where investors begin to avoid currencies and treasury bonds. Since the

26.01.2026, 10:42
Economy

The Cabinet plans to install drip and sprinkler irrigation systems over an area of 15,000 hectares.

- The Cabinet of Ministers is considering the implementation of drip and sprinkler irrigation systems over an area of 15,000 hectares. This initiative is part of a comprehensive government action plan. The Ministry of Agriculture has been designated as the executive organization, and the project is scheduled for implementation from the first quarter of 2026 to the fourth quarter of 2030.

26.01.2026, 10:40
Economy

Part of the BChK will be concreted

As reported by Bakyt Torobayev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Processing Industry, the project is aimed at combating water losses. During negotiations with the European Bank for Reconstruction and Development (EBRD), the financing of the concrete lining of the water supply canal of the Western branch of the Big Chui Canal was discussed. Currently, the preparation of the relevant agreement is underway. According to information, the

26.01.2026, 10:38
Economy

GNS: How to Free Yourself from Liability for Jewelry Without Primary Documents

Taxpayers have the opportunity to be exempt from tax liability for jewelry made of precious metals if they lack primary documents, according to a statement from the State Tax Service. To obtain such an exemption, it is necessary to register the corresponding electronic document in the electronic invoice system by March 1, 2026.

26.01.2026, 10:33
Economy

The GNS explained how to obtain an exemption for jewelry without documents

The State Tax Service (STS) has announced the possibility of exempting taxpayers from liability and obligations as a tax agent regarding jewelry made from precious metals, even in the absence of primary documents. To obtain the exemption, it is necessary to register a special electronic document in the electronic invoice system by March 1, 2026.

26.01.2026, 10:31