Economy

The State Tax Service suspended raid inspections among small and medium-sized businesses

The Tax Service of Kyrgyzstan has suspended raid inspections and control purchases concerning small and medium-sized businesses until the end of this year, that is, until December 31. This decision is the result of a desire to support entrepreneurs in the context of a difficult economic situation, reduce administrative pressure, and create more favorable conditions for business development.

22.01.2026, 10:18
China is building the world's first nuclear power plant with no analogs on the planet.
Economy

China is building the world's first nuclear power plant with no analogs on the planet.

The eastern Chinese province of Jiangsu has become the site for the construction of the "Xuwei" nuclear power plant, which was officially announced on January 16. According to Global Times, this ambitious project will be the world's first nuclear power plant that will simultaneously generate electricity and supply steam for a large petrochemical cluster, thanks to a unique combination of different types of reactors. The ceremony for pouring the first concrete marks the start of

22.01.2026, 10:07
Ruble and Tenge Continue to Appreciate Against the Som. Currency Exchange Rates as of January 22
Economy

Ruble and Tenge Continue to Appreciate Against the Som. Currency Exchange Rates as of January 22

Image from the internet. The dollar, after slight fluctuations, has stabilized again at the level observed in 2025. As of January 22 of this year, the official exchange rates of the Kazakh tenge and the Russian ruble are showing growth, while the euro and the Chinese yuan have slightly weakened. The US dollar remains stable. This data is provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek. US Dollar:

22.01.2026, 09:55
The specialist named the reasons for the increase in electricity consumption in Kyrgyzstan.
Economy

The specialist named the reasons for the increase in electricity consumption in Kyrgyzstan.

Chairman of the Energy Committee of the Chamber of Commerce and Industry, Kundus Kyrbasheva, reported on "Birinchi Radio" that over the past ten years, there has been a significant increase in electricity consumption in Kyrgyzstan, which has increased three to four times. Photo from the archive. Chairman of the Energy Committee of the Chamber of Commerce and Industry of the KR, Kundus Kyrbasheva

22.01.2026, 09:19
Exchange rates for January 22
Economy

Exchange rates for January 22

The National Bank has published the current data on foreign exchange rates for January 22, 2026. According to the regulator's information, the exchange rate of the US dollar remained unchanged, while the euro and the Chinese yuan showed a slight decrease. In contrast, the Russian ruble and the Kazakh tenge appreciated slightly.

22.01.2026, 09:14
Economy

In Kyrgyzstan, plans are underway to construct a multifunctional complex with the participation of a foreign investor.

- On January 21, a meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with representatives of the "Juyhen Real Estate" company, according to information from the agency's press service. As a result of the negotiations, a Memorandum of Understanding and Cooperation was signed, aimed at developing investment relations.

22.01.2026, 07:23
Chinese investor to invest in a major project in Kyrgyzstan
Economy

Chinese investor to invest in a major project in Kyrgyzstan

Photo by NAI Recently, a meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with Chinese representatives from the company "Juihen Real Estate." This information was announced by the agency's press service. As a result of the negotiations, a memorandum of cooperation was signed, aimed at strengthening investment interaction between the parties.

21.01.2026, 23:28
Economy

The Deputy Chairman of the Management Board Changed at JSC "Eldik Bank"

At OJSC "Eldik Bank," there has been a change in the position of Deputy Chairman of the Management Board. This was reported by the Kyrgyz Stock Exchange. According to the KSE, Medet Maratovich Tairov no longer holds this position as he has been appointed Deputy Chairman of the National Bank of Kyrgyzstan.

21.01.2026, 19:12
Russia and Ukraine are competing for the same Chinese drone components - FT
Economy

Russia and Ukraine are competing for the same Chinese drone components - FT

Photo from the internet. Russia and Ukraine are competing for the same Chinese components for drones In the context of war, Russia and Ukraine find themselves in a situation of fierce competition for Chinese components necessary for drones, which play a key role in military operations. This is reported by the Financial Times. The founder of the Ukrainian company TAF Industries, Alexander Yakovenko, noted that Chinese suppliers are taking measures to stagger delivery schedules to avoid the

21.01.2026, 18:38
Imports from Central Asian countries to China increased by 14% and reached 35.1 billion dollars
Economy

Imports from Central Asian countries to China increased by 14% and reached 35.1 billion dollars

According to information provided by the Ambassador of the People's Republic of China in Kyrgyzstan, Liu Jiangping, the volume of imports of goods from Central Asia to China increased by 14% compared to the previous year, reaching 35.1 billion US dollars. The ambassador also noted that the structure of imports is becoming increasingly diverse. The volume of supplies is growing not only for traditional resources but also for chemical products, metallurgical products, and agricultural

21.01.2026, 17:36
China and Kyrgyzstan Trade Sets New Record — $27.2 Billion
Economy

China and Kyrgyzstan Trade Sets New Record — $27.2 Billion

The trade volume between China and Kyrgyzstan has reached a record high of $27.2 billion, as reported by the Ambassador of the People's Republic of China in Kyrgyzstan, Liu Jiangping. According to him, cooperation in the economic and trade spheres between the two countries demonstrates impressive development. Kyrgyzstan ranks second among China's trading partners in Central Asia, accounting for about 25% of China's total trade turnover with the countries of the region. By 2025,

21.01.2026, 16:53
Oil prices began to rise against the backdrop of a weakening dollar
Economy

Oil prices began to rise against the backdrop of a weakening dollar

Global oil prices have started to rise amid a weakening US dollar. According to trading data from the London ICE exchange, at the time of preparing this material, prices for March futures on North Sea Brent crude oil increased by more than 0.5%, reaching $64.49 per barrel. During trading, the maximum price was $64.52, while the minimum was $63.30. At the same time, March contracts for the delivery of WTI oil from Texas also showed an increase, rising by more than 0.5% to $59.96. The lowest

21.01.2026, 16:46
EBRD to Allocate Loan for Construction of Power Line Between Kemin and Balakchy
Economy

EBRD to Allocate Loan for Construction of Power Line Between Kemin and Balakchy

Photo of the Chui Electric Networks Enterprise. The EBRD is providing a loan for the modernization of Kyrgyzstan's electrical networks Kyrgyzstan is receiving a loan of 61.7 million euros from the European Bank for Reconstruction and Development (EBRD) to update its electrical network. This information was published by the bank's press service. Additionally, the financial package includes an investment grant of up to 3 million euros and technical assistance funds of 3 million euros.

21.01.2026, 16:42
In 2025, China's export volume to Central Asian countries reached 71.2 billion US dollars.
Economy

In 2025, China's export volume to Central Asian countries reached 71.2 billion US dollars.

In 2025, the volume of Chinese exports to Central Asian countries amounted to 71.2 billion US dollars, which is an 11% increase compared to 2024. This was reported by Liu Jiangping, the Ambassador of the People's Republic of China to Kyrgyzstan, in an interview. He noted that the highest growth is observed in the segments of machine engineering and high technologies. The share of products from the "new trio" is constantly increasing, and the environmental friendliness of

21.01.2026, 16:42
"Kyrgyzexport" plans to create a logistics center in Novosibirsk
Economy

"Kyrgyzexport" plans to create a logistics center in Novosibirsk

There will be refrigerated and multi-temperature warehouses on its territory The National Center "Kyrgyzexport" is working together with the Eurasian Development Bank on the creation of a feasibility study for a new wholesale logistics center planned to be built in Novosibirsk. Deputy Director Tilek Jumaliev shared this information with the publication "Refrigeration Industry".

21.01.2026, 16:33
Economy

How Gas Prices in Russia Will Change: Experts' Opinions

The year 2025 turned out to be challenging for the Russian fuel market, with frequent price fluctuations and shortages. What changes in gasoline prices are expected in the next year, 2026? Experts consulted by the 56media editorial team answered this question. Expected Changes in Gasoline Prices in 2026According to Mikhail Khachaturyan, an associate professor at the Financial University under the Government of the Russian Federation, by the end of 2025, a relative balance is observed in the

21.01.2026, 15:39
Economy

Real estate market prices have stabilized at $1,400 per sq. m, - expert

- According to Aidar Sukembaev, a leading specialist at the State Agency for Land Resources, speaking on one of the television channels, the real estate market entered a phase of slowdown at the beginning of September 2025, with the average price per square meter of apartments stabilizing at $1,400. Sukembaev noted that since 2000, the real estate market has been characterized by cyclical fluctuations that repeat approximately every six years. As examples of such phases of growth and decline,

21.01.2026, 14:52
Economy

In 2025, farmers were provided with equipment on lease worth almost 10 billion soms

In order to modernize and equip farmers with modern agricultural machinery, the Ministry of Water Resources, Agriculture, and Processing Industry is implementing a number of initiatives. Since 2011, within the framework of seven leasing programs carried out through OJSC "Aiyl Bank" and "Eldik Bank," agrarians have been receiving machinery and equipment for processing on preferential terms: the leasing period is seven years with an interest rate of 6% per annum.

21.01.2026, 14:22
Economy

Assets of Kyrgyzstan's banks exceeded 1 trillion soms

As of the end of November 2025, the assets of the banking system of Kyrgyzstan amounted to 1 trillion 181.1 billion soms, according to information provided by the National Bank. Over the course of 11 months in 2025, there has been a significant increase in assets by 44.9 percent. At the same time, the loan portfolio grew by 43.6 percent, reaching 489.3 billion soms.

21.01.2026, 14:19
Economy

In the Talas Region, residents are cleaning a 289 km drainage system themselves due to the lack of distribution of responsibility among government agencies, - MP

At the plenary session of the Jogorku Kenesh held on January 21, 2026, Deputy Ulukbek Uzakbaev raised an important issue concerning the drainage system in the Talas region, which has a total length of 289 kilometers. The deputy noted that most of the drainage channels are open, leading to pollution and siltation. “The Ministry of Agriculture claims that cleaning should be carried out by the Ministry of Emergency Situations, while the Ministry of Emergency Situations refers to the Ministry of

21.01.2026, 14:07
Economy

The Agro-Industrial Association commented on the situation surrounding the domestic producer

The appeal from the Association for the Development of the Agro-Industrial Complex of the Kyrgyz Republic concerns the situation related to the company OsOO "Rikha". We remind you that on January 19, 2026, during a meeting of the Budget, Economy, and Entrepreneurship Committee of the Jogorku Kenesh of the KR, accusations were made regarding the "revocation of the license" from OsOO "Rikha", "improper accreditation", and possible non-compliance with

21.01.2026, 13:42
Economy

Academician of the National Academy of Sciences called for a comprehensive approach in organic farming

Doctor of Agricultural Sciences, Academician of the National Academy of Sciences Jammin Akimaliev emphasized on the radio that a comprehensive approach and support from the government are necessary for the successful development of organic agriculture. Currently, organic crops occupy only about 1% of all sown areas in the country, although some sources indicate figures of 5-10%. Akimaliev noted that organic production implies a complete absence of pesticides, antibiotics, hormones, and other

21.01.2026, 13:11
Economy

Over 400 million soms will be spent on road construction in the Pervomaisky District

In the First May District of Bishkek, significant investments in road infrastructure are planned — over 400 million soms will be allocated for the construction and renovation of roads. As part of public discussions, a development plan covering the years 2026-2030 was presented, which includes asphalt paving and the construction of sidewalks in new areas. After the integration of new settlements into the city, the city administration had to address the task of uniting these residential areas

21.01.2026, 13:06
At the GNS, issues of cashless payments were discussed
Economy

At the GNS, issues of cashless payments were discussed

Recently, a working meeting was held at the State Tax Service of the Kyrgyz Republic, where pressing issues related to cashless payments in business were discussed. The information about the event was provided by the press service of the GNS.

21.01.2026, 12:21
"AgroZooVet-2026" trained farmers in the Chon-Alai region in new technologies
Economy

"AgroZooVet-2026" trained farmers in the Chon-Alai region in new technologies

In the Chon-Alai district, in the village of Daroot-Korgon, a significant training seminar took place, which was part of the educational caravan "AgroZooVet–2026". This event was initiated by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. The main goal of the seminar was to enhance the qualifications of agricultural workers and to implement modern agricultural technologies in regions where access to such knowledge is limited.

21.01.2026, 12:08
Kyrgyzstan will receive duty-free fuel from Russia in full volume — oil traders
Economy

Kyrgyzstan will receive duty-free fuel from Russia in full volume — oil traders

In an interview with IA "Kabar," Kanatbek Eshatov, head of the Association of Oil Traders of Kyrgyzstan, explained why there was a slight decrease in gasoline and diesel prices. According to him, the market is currently selling off the remaining fuel from last year's production, while new quotes for this year are still being formed. Kyrgyzstan, he said, will receive the necessary amount of fuel and lubricants (F&L) from Russia on preferential terms. “The approved indicative

21.01.2026, 11:26
Economy

Academician of the National Academy of Sciences: Kyrgyzstan loses up to 30% of its harvest due to insufficient processing

- According to the information presented on air, Kyrgyzstan loses up to 30% of its harvest due to a lack of processing. This was stated by Doctor of Agricultural Sciences, Academician of the National Academy of Sciences Jamins Akimaliev. Akimaliev emphasizes that the key task of agricultural product processing is to preserve the harvest, increase its profitability, and create conditions for export.

21.01.2026, 11:24
Economy

Deputy: Vendors at the "Kanybek" Market in Kochkor complain about arbitrariness and demand an alternative trading location

On January 21, 2026, during a plenary session of the Jogorku Kenesh, Deputy Gulsunkan Junushalieva raised the issue concerning complaints from vendors at the "Kanybek" market located in the Kochkor district of the Naryn region. She reported that the closure of this market is planned, but no alternative trading locations for the vendors have been provided. This, according to the traders, threatens their income and the well-being of their families.

21.01.2026, 11:10
Economy

Export, Prices, and Salaries. How Did Kyrgyzstan's Economy Develop in 2025?

According to preliminary results, the economy of Kyrgyzstan showed a high growth rate in 2025. How did the authorities manage to achieve such results? High Growth RateAccording to preliminary data, the gross domestic product (GDP) of Kyrgyzstan in 2025 amounted to over 1.9 trillion soms, increasing by 11.1% compared to the period from January to December 2024.

21.01.2026, 11:06
Appointed Head of the Department of Urban Development and Architecture at the Ministry of Construction
Economy

Appointed Head of the Department of Urban Development and Architecture at the Ministry of Construction

Daniyar Bapyshov has been appointed as the director of the Department of Urban Planning and Architecture of the Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic, as reported by the information support department of the cabinet of ministers. Daniyar Bapyshov. Photo from the press service of the Ministry of Construction. The appointment order was signed by the chairman of the cabinet of ministers, Adylbek Kasymaliev.

21.01.2026, 11:00
The market price of gold has reached a new record.
Economy

The market price of gold has reached a new record.

An historic event has occurred on the exchange: the price of gold has exceeded 4,800 dollars per troy ounce, according to trading platform data. As of 7:14 AM Moscow time, the price of the February gold futures on the New York Comex exchange rose by 80.86 dollars, which is a 1.7% increase compared to the previous close, reaching 4,847.8 dollars per troy ounce. During trading, the price temporarily climbed to a record 4,852.06 dollars.

21.01.2026, 10:55
At the GNS, issues and prospects for the development of cashless payments were discussed
Economy

At the GNS, issues and prospects for the development of cashless payments were discussed

The State Tax Service (STS) recently organized a working meeting focused on current issues related to cashless payments in business. Among the participants were the deputies of the chairman of the STS — Azat Almanbetov and Kubanychbek Isabekov, as well as representatives from the National Bank of the Kyrgyz Republic, the Antimonopoly Regulation Service, the Interbank Processing Center, the Ministry of Economy and Commerce, and the Union of Banks of Kyrgyzstan.

21.01.2026, 10:49