Launched a pilot project for solar generation with an energy storage system
Economy

Launched a pilot project for solar generation with an energy storage system

Photo by the Ministry of Economy of the Kyrgyz Republic. A pilot project for solar generation with a storage system has started in Bishkek Today, a presentation of a new pilot project aimed at implementing a solar photovoltaic installation with a battery energy storage system (BESS) in the commercial sector took place in Bishkek. This project was realized with the support of the Ministry of Economy and Commerce of the Kyrgyz Republic. According to the ministry, a solar power plant with a

19.01.2026, 16:50
Economy

New Certification Requirements: The Cabinet of Ministers Changes the Procedure for Registering Declarations

The Cabinet of Ministers has presented a draft resolution regarding changes to the rules for registering declarations of conformity with the technical regulations of the Eurasian Economic Union (EAEU), which has been put out for public discussion. This document updates the norms that have been in effect since February 2025 and aims to optimize the process of registering declarations, as well as to enhance the transparency and quality of the work of accredited certification bodies.

19.01.2026, 16:19
In Kyrgyzstan, fines are proposed for violations in the halal product sector
Economy

In Kyrgyzstan, fines are proposed for violations in the halal product sector

The bill received support in the first reading in the committee of the Jogorku Kenesh In Kyrgyzstan, the possibility of introducing administrative fines for those who violate legislation regarding halal products is being considered. This was reported by Sultan Akhmatov, Deputy Minister of Economy and Commerce, at a meeting of the Jogorku Kenesh committee dealing with financial, budgetary, and entrepreneurial issues.

19.01.2026, 16:15
Mutual trade of Kyrgyzstan with EAEU countries increased by 1.3%
Economy

Mutual trade of Kyrgyzstan with EAEU countries increased by 1.3%

The total volume of Kyrgyzstan's foreign trade from January to November 2025 amounted to 14 billion US dollars, which is a decrease of 12.2% compared to the same period in 2024. This was reported by Baktybek Kudaybergenov, chairman of the National Statistical Committee. According to him, exports of goods decreased by 43.5%, while imports increased by 0.5%. Mutual trade with EAEU countries showed positive dynamics: from January to November 2025, it amounted to 4.9 billion US dollars, an

19.01.2026, 15:37
The National Bank fined a commercial bank
Economy

The National Bank fined a commercial bank

The National Bank of the Kyrgyz Republic has decided to impose a fine on one of the commercial banks. According to the regulator, a fine of 55,000 soms was imposed for non-compliance with the country's legislation and the directives of the NB KR.

19.01.2026, 15:24
Economy

The deputy is interested in how many fraudulent investors have been recorded in Kyrgyzstan over the past 5 years.

On January 19, 2026, at a meeting of the Committee of the Jogorku Kenesh, which deals with issues of finance, budget, entrepreneurship, and competition development, Deputy Kamila Talieva raised a question about the number of fraudulent investors identified in Kyrgyzstan over the past five years. She emphasized the need for transparency on this issue, as the information has already been discussed in various media outlets.

19.01.2026, 15:10
The Cabinet proposes to shorten the storage period of negative credit history
Economy

The Cabinet proposes to shorten the storage period of negative credit history

Currently, a positive credit history is maintained for 7 years, while a negative one is kept for 5 years. In Kyrgyzstan, there is an initiative being considered to reduce the time for storing information about debts and loan delinquencies. At present, negative information remains in the system for 5 years, but after the implementation of new amendments, this period may be reduced to 3 years. This draft law is currently under discussion in its first reading within the framework of the committee

19.01.2026, 14:56
Economy

The Housing Committee approved amendments to the law "On Investments" in the first reading.

- During the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development on January 19, 2026, the draft law "On Amendments to the Law on Investments in the Kyrgyz Republic" was reviewed and approved. Choro Seyitova, the First Deputy Minister of Economy and Commerce, explained that the initiative was put forward to eliminate the legal conflict that arose after the adoption of the main law in 2025.

19.01.2026, 14:54
Economy

In Bishkek, 28,000 smart meters were installed starting from the beginning of 2025.

As part of the reform and digitalization of the energy sector, the Bishkek Electric Networks enterprise, a subsidiary of JSC "NESC", continues the installation of automated electricity metering systems (AMS). This was reported by the press service of Bishkek Electric Networks. Since the beginning of 2025, 28,000 smart meters have been installed in the capital, distributed across the districts as follows:

19.01.2026, 14:49
Economy

The EFSR Named Conditions for Slowing Down Price Growth in Kyrgyzstan

According to the EFSR forecast for the economic development of Kyrgyzstan for 2026-2028, a slowdown in inflation may be achieved by reducing fluctuations in international markets and tightening monetary policy. The fund emphasizes that pro-inflationary pressure in the country may persist over the next three years. This is linked to regular increases in electricity tariffs, as well as high prices for food and fuel.

19.01.2026, 14:35
Economy

Authorities reported that the most significant price increase in Kyrgyzstan occurred in 2025.

According to the statement by the Chairman of the National Statistical Committee Baktybek Kudaybergenov at a press conference in Bishkek, consumer prices and tariffs in the country increased by 9.4% from January to December 2025 compared to December 2024. The most noticeable price increases were observed in fruits, fish, vegetable oil, potatoes, meat, vegetables, butter, dairy products, flour, and sugar.

19.01.2026, 14:15
Inflation in Kyrgyzstan in 2025 was 9.4 percent
Economy

Inflation in Kyrgyzstan in 2025 was 9.4 percent

According to information provided by the Chairman of the National Statistics Committee, Baktybek Kudaybergenov, from January to December 2025, there was an increase in consumer prices and tariffs in Kyrgyzstan at a rate of 9.4% compared to December 2024. The most noticeable increase occurred in tariffs for services to the population, which rose by 11.2%. Prices for food and non-alcoholic beverages increased by 9.9%, while alcoholic beverages and tobacco products became 8% more expensive.

19.01.2026, 14:10
Economy

Kyrgyzstan has entered the top 3 countries whose citizens are starting businesses in Russia

In 2025, there is a noticeable increase in business registrations by foreigners in Russia compared to the previous year. This data was collected by analysts from Rusprofile, a company specializing in counterparty verification. It is important to note that the study does not take into account individual entrepreneurs where the founders are foreign citizens or organizations.

19.01.2026, 14:09
Economy

Russia proposes to increase the import customs duty on elevators in the EAEU from 0% to 5%

- Russia is initiating an increase in the import duty on elevators in the EAEU countries from 0% to 5% of the customs value. This information was posted on the EAEU portal on January 14. The Eurasian Economic Commission clarified that the changes pertain to elevators with electric control that provide a cabin speed of more than 2 m/s and are classified under code 8428 10 200 1 of the EAEU Customs Nomenclature.

19.01.2026, 14:09
Economy

HoReCa Awards 2025. Who Became the Best in the Food and Hospitality Industry?

On January 15, 2026, the HoReCa Awards 2025 ceremony took place in Bishkek, gathering leading professionals from the hospitality sector of Kyrgyzstan. Over 600 participants from the restaurant, hotel, and related industries highlighted the significance of this event for the development of the HoReCa community in the country. The general sponsor of the event was JSC "Eldik Bank," with support from partners such as:

19.01.2026, 13:59
State Insurance may be designated as the national operator for reinsurance
Economy

State Insurance may be designated as the national operator for reinsurance

The Ministry of Economy and Commerce has presented for discussion a draft resolution, according to which the State Insurance Company (OAO "GSO") may become the national operator in the field of reinsurance. In the explanatory note to the draft, it is emphasized that its main task is to create a national reinsurance capacity, which should lead to increased reliability of the insurance market, strengthening the financial stability of insurance companies, as well as protecting the

19.01.2026, 13:45
Economy

The deputy requests to increase the amounts of loan payments for including citizens in the blacklist.

At the meeting of the committee on finance, budget, entrepreneurship, and competition development, held on January 19, Mamataliyev expressed his position regarding the bill concerning the exchange of credit information. He noted that many citizens of Kyrgyzstan take out consumer loans of up to 100,000 soms. The deputy emphasized that there are situations when borrowers cannot repay a small part of the debt on time. As a result, they end up on the blacklist, making it impossible to obtain new

19.01.2026, 13:29
Economy

Almost every 7th request for an examination of project documentation in the Ministry of Construction is returned for revision.

- From January to November 2025, the Ministry of Construction received 1,863 requests for project documentation expertise, which is 6% more than in 2024, when 1,755 requests were recorded, according to the agency's report. Of the total number of requests for 2025, conclusions were issued for 1,401 projects, 184 documents are in processing, and 278 have been returned for revision.

19.01.2026, 13:25
The average salary in Kyrgyzstan reached nearly 43,000 soms
Economy

The average salary in Kyrgyzstan reached nearly 43,000 soms

From January to November 2025, the average nominal salary in Kyrgyzstan amounted to 42,954 soms. This was reported by the chairman of the National Statistical Committee, Baktybek Kudaybergenov. He also noted that compared to the same period in 2024, there is a salary increase of 19.1%.

19.01.2026, 13:14
Economy

The growth of non-tax revenues affected the budget surplus of Kyrgyzstan in 2025

- In 2025, the budget of the Kyrgyz Republic demonstrates a record surplus, made possible by the growth of non-tax revenues, according to the EFSR report for December 2025. As noted by the authors of the report, the profit transfers from the NBKR to the republican budget for 2024 amounted to 45.7 billion soms (3.7% of GDP). This contributed to an increase in non-tax revenues from January to September 2025 to 10.8% of GDP, compared to 7.1% in the same period of the previous year.

19.01.2026, 13:04
Economy

The authorities announced the average salary in Kyrgyzstan.

According to information provided by the chairman of the National Statistics Committee, Baktybek Kudaybergenov, at a press conference in Bishkek, the average nominal salary in the country from January to November 2025 amounted to 42,954 soms. The highest salary growth was observed in sectors such as real estate operations, public administration and defense, mandatory social security, construction, healthcare and social services, as well as in the hotel and restaurant business.

19.01.2026, 12:38
Economy

Illegal Attempt to Import Kumys from Russia to Kyrgyzstan

At the veterinary checkpoint "Ak-Tilek," located in the Chui region, an attempt to illegally import 15,600 liters of kumis from Russia was stopped. The product was returned to the territory of the Russian Federation. Inspectors conducting the control noticed the absence of a production date on the product label, which violates the veterinary and sanitary standards of the Kyrgyz Republic.

19.01.2026, 12:26
Economy

Kyrgyzstan Becomes the Leader of the EAEU in Construction Work Growth by 2026

In 2026, Kyrgyzstan will take first place in the Eurasian Economic Union in terms of the growth rate of construction work. The Republic has maintained its leadership among the member countries since January 2025. According to information from the Eurasian Economic Commission, the volume of construction work in the EAEU increased by 4.3% from January to November 2025 compared to the same period of the previous year.

19.01.2026, 11:48
Economy

The volume of investments in fixed assets in 2025 amounted to 374.6 billion soms

In 2025, the volume of investments in fixed capital reached 374.6 billion soms, which is an increase of 18.4% compared to the previous year. This was reported by Baktybek Kudaybergenov, Chairman of the National Statistical Committee of Kyrgyzstan, at a press conference. According to the information provided by Kudaybergenov, the increase in investments compared to the period from January to December 2024 occurred due to a 9% growth in domestic funding sources and a 3.8% increase in external

19.01.2026, 11:40
A New Bank Opened in Kyrgyzstan
Economy

A New Bank Opened in Kyrgyzstan

The National Bank issued a license for banking operations A new bank has opened in Kyrgyzstan, as reported by the press service of the National Bank.

19.01.2026, 11:35
Economy

Kyrgyzstan Seeks Solutions to Export Issues for Textile Products to Russia

- Since autumn 2025, the sewing enterprises of Kyrgyzstan have found themselves in a difficult situation regarding export conditions to the Russian Federation, which has become a serious challenge for the local light industry. The tightening of control by Russia has led to new barriers for the import of Kyrgyz products, due to the strengthening of control procedures by Russian authorities within the framework of the Eurasian Economic Union.

19.01.2026, 11:17
Economy

The stay period for international carriers from visa-free countries in Russia will be extended.

Russian authorities plan to extend the temporary stay of international carriers from visa-free countries to 180 days within a year. This was reported by Irina Volk, the official representative of the Ministry of Internal Affairs of Russia, noting that the corresponding draft resolution has already been prepared. In her Telegram channel, Volk stated: “To ensure a smooth process of international transportation, the Ministry of Internal Affairs of Russia has developed a draft that provides for

19.01.2026, 11:14
Economy

GDP of Kyrgyzstan in 2025 exceeded 1.9 trillion soms and grew by 11.1%

- In 2025, the gross domestic product of Kyrgyzstan reached over 1.9 trillion soms [approximately $23 billion - ed.], reflecting an 11.1% growth compared to the previous year. This statement was made on January 19 at a press conference by the chairman of the National Statistical Committee, Baktybek Kudaybergenov. According to the information provided by Kudaybergenov, the main reason for the growth was improved performance in the services sector, goods production, and an increase in net

19.01.2026, 10:56
Exchange rates in commercial banks of Kyrgyzstan as of January 19
Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 19

Information was gathered from the online resources of commercial banks. If you have any questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates pertain to cash currency exchange and may change throughout the business day. You can check the official exchange rate of the National Bank of the Kyrgyz Republic and the exchange rates at exchange offices in Bishkek here.

19.01.2026, 10:51
Is it time to call the Ministry of Agriculture of Kyrgyzstan the "Ministry of Drought"?
Economy

Is it time to call the Ministry of Agriculture of Kyrgyzstan the "Ministry of Drought"?

With the beginning of the growing season in 2026, Kyrgyzstan is once again facing alarming news. The Ministry of Water Resources, Agriculture, and Processing Industry of the republic is reporting a water shortage, emphasizing that this is not their fault but a consequence of natural factors. In this situation, a reasonable question arises: if the agency has been aware of glacier melting and global warming for many years, why are its actions limited to merely stating the facts rather than

19.01.2026, 10:35
At the fair in Bishkek, meat is sold for 600 soms
Economy

At the fair in Bishkek, meat is sold for 600 soms

At the event taking place at the Turdakun Usubaliev Square, residents can purchase meat for 600 soms per kilogram. This offer is more advantageous than the previously mentioned limit of 650 soms set by the Bishkek city hall for retail points. The fair ensures direct supplies from producers, which helps avoid unnecessary intermediaries and makes prices more accessible for the capital's residents. In addition to meat products, the fair features a diverse range of high-quality locally

19.01.2026, 10:19
Economy

Gold sets a new historical record - $4,700 per ounce

Today, the price of gold has exceeded $4,700 per ounce, marking a new historical record. This information has been provided by the trading platform. Experts link this price increase to rising geopolitical tensions, including the escalation of the situation around Iran, as well as criticism of President Donald Trump directed at the U.S. Federal Reserve. Additionally, investors continue to seek a "safe haven," which supports the upward trend that began last year.

19.01.2026, 10:17
Economy

The trade turnover of Kyrgyzstan for the 11 months of 2025 amounted to $14 billion

The volume of external and mutual trade of the Kyrgyz Republic from January to November 2025 amounted to $14 billion, which is 12.2% lower compared to the same months in 2024. This was reported by Baktybek Kudaybergenov at a press conference. He noted that the main factor for the decrease in trade turnover was a sharp decline in export supplies, which decreased by 43.5%. In the structure of trade, the share of exports was 18.5%, while imports accounted for 81.5%.

19.01.2026, 10:06
Economy

From 63,000 to 185,000 soms: How much does a square meter of real estate cost in Bishkek?

- As a result of the analysis conducted by the Agency for Land Resources and Cadastre, the prices per square meter of real estate in Bishkek for December 2025 have been identified. The highest price per square meter was recorded in the residential sector, where it reaches 184.9 thousand soms. Significant values are also observed in the area of industrial real estate — 175.9 thousand soms per square meter.

19.01.2026, 09:37