In Kyrgyzstan, a program has begun to allow sewing companies to obtain preferential loans. This project for subsidizing interest rates was approved by a decree of the Cabinet of Ministers, as reported by the press service of the Ministry of Economy.
- During the specified time period, the Financial Market Supervisory Service made a number of important decisions related to the revocation of licenses and the closure of offices of several organizations. In particular, the following changes were recorded:
According to the National Bank, Kyrgyzstan's international reserves as of January 2026 amounted to $10 billion 177.18 million, which is a historical maximum. Comparing with the same period in 2025, when reserves were $5 billion 190.86 million, it can be noted that they have nearly doubled, with a net increase of over 96 percent for the year.
Photo courtesy of the Ministry of Economy As part of the state program to support small and medium-sized businesses, sewing companies in Kyrgyzstan will be able to take advantage of preferential loans through authorized banks. This was reported by the press service of the Ministry of Economy and Commerce. Funding will be implemented under the project for preferential lending to small and medium-sized enterprises, which was approved by the Cabinet of Ministers' decree dated January 12 of
A digital som is scheduled to be launched in Kyrgyzstan starting January 1, 2027. This was announced by the Deputy Chairman of the National Bank of the Kyrgyz Republic, Azat Kozubekov, at a press conference on February 24. Kozubekov specified that the law regarding the creation of the digital som will come into effect on the specified date, allowing this currency to begin circulation. Currently, the National Bank is actively working on the implementation of this project in collaboration with
According to statistics published on the official Telegram channel of the EAEU, the volume of industrial production in the member countries of the union increased by 1.6% in 2025 compared to 2024.
At the press conference, the Deputy Chairman of the National Bank, Azat Kozubekov, explained in detail how changes in the discount rate affect the credit market and mortgage lending. According to him, in the economy of Kyrgyzstan, monetary policy primarily impacts the deposit market. Changes in the discount rate directly affect the returns on deposits. When deposit rates increase, it makes savings in the national currency more attractive for both the population and businesses. As a result,
Kazakhstan continues to hold leading positions in Central Asia in attracting foreign investments President of Kazakhstan Kassym-Jomart Tokayev's recent visit to the USA marked an important milestone in strengthening ties with international financial institutions and major corporations focused on long-term investments, localization of production, and the integration of the country into global value chains.
At the beginning of this year, there has been an impressive growth in Kyrgyzstan's GDP, which increased by 9%. This data was presented in the weekly macroeconomic review of the Eurasian Development Bank. According to analysts, strong consumer demand played a key role in this growth. In particular, domestic trade contributed 2.6 percentage points to GDP dynamics, while other services added 1.9 p.p. Investments in fixed capital also showed significant growth, increasing by 17.9%.
- Currently, the republic has over 92 thousand units of agricultural machinery, as reported by the Ministry of Agriculture. Of the total number of machinery, 82% is ready for spring field work in 2026. A total of 17,959 tractors (80%), 82% of plows, 78% of seeders, 82% of harrows, and 86% of fertilizer spreaders have been prepared.
In the current year, the level of readiness of agricultural machinery in Kyrgyzstan is 82%, which is 2% higher than last year. According to information from the Ministry of Agriculture, there are over 92 thousand units of agricultural machinery registered in the republic, including 22,428 tractors and 1,960 combine harvesters, as well as other types of equipment. In the regions, preparations for spring field work for 2026 are actively underway — technical maintenance and repair of machines are
At a meeting of the Jogorku Kenesh Committee on Industry, Transport, and Energy, Energy Minister Talaibek Ibraev announced that Kyrgyzstan has an ambitious plan to eliminate the electricity deficit by 2028. According to him, the country is currently facing a shortage of about 4 billion kilowatt-hours of electricity annually.
The press service of the State Tax Service reported that goods of Chinese origin without excise stamps were found in two stores. In particular, at a retail outlet owned by the LLC "Chongqing Hogo," 160 units of alcoholic products without excise stamps were recorded, as well as 405 liters of liquid with a characteristic smell of alcohol and 124 units of beverages containing sugar.
In Kyrgyzstan, the geography of coal mining is expanding. According to the Minister of Energy Talaybek Ibraev, it was announced at a meeting of the relevant committee of the Jogorku Kenesh that in 2025, five new coal deposits were transferred to the management of the state enterprise "Kyrgyzkomur": Torugart, Markai, Beshburkhan, Kozho-Kelen, and Suluktu-11.
In the near future, as reported by Elizat Zhaparoа, head of the banking supervision department of the National Bank of the Kyrgyz Republic, funds in citizens' electronic wallets may become inheritable. This statement was made at a press conference. According to Zhaparoа, a draft law is currently under discussion, which proposes amendments to several legislative acts. These changes will also pertain to electronic wallets, expanding existing regulations.
A fair was held in the Naryn region, organized with the aim of providing local residents with food products at affordable prices, as reported by the Ministry of Agriculture. At the fair, beef and lamb were sold at prices ranging from 650 to 670 soms per kilogram. This event is aimed at ensuring the population has access to quality products, as well as stabilizing prices in the domestic market.
In its decision made on February 23, the Board of the National Bank of Kyrgyzstan announced an increase in the key interest rate by 100 basis points, bringing it to 12%. This change took effect on February 24. Price Situation and InflationThe National Bank emphasizes that during the analysis of the current economic situation both in the country and abroad, it was noted that the external economic environment remains complex and uncertain.
On February 24, the Committee of the Jogorku Kenesh, dealing with issues of industrial policy, transport, as well as architecture and construction, approved the ratification of a number of agreements. In particular, the project for the construction of a bridge over the Naryn River on the Bishkek - Osh highway was approved. Deputy Minister of Transport and Communications Ulukbek Janibekov noted that this bill was developed with the aim of improving transport links between Kyrgyzstan and
The National Bank of Kyrgyzstan has published data on foreign exchange rates as of February 24: In commercial banks, the exchange rates for the dollar and the ruble remained stable, while the European currency showed a decline against the som.
The government of Kyrgyzstan has approved a new temporary procedure that regulates the conduct of electronic auctions for obtaining subsoil use rights. This step was taken as part of the implementation of the president's decree concerning the reform of the mining industry and is intended to minimize corruption risks in the distribution of deposits. Licenses for the extraction of mineral resources will now be issued exclusively in digital format, through an electronic system. The Ministry
According to information provided by the press service of the joint-stock company, OJSC "Chakan HPP" has signed a contract with China National Heavy Machinery Corporation (CHMC) for the reconstruction of the Lebedinovskaya HPP. The contractor has already begun working on the design and estimate documentation. The goal of this project is to update the equipment, improve performance, and extend the lifespan of the hydropower plant.
In response to the European Union sanctions affecting a number of banks in Kyrgyzstan, government agencies are initiating measures to mitigate their impact. This was reported by the Deputy Chairman of the National Bank Azat Kozubekov at a press conference. He noted that the National Bank and the Cabinet of Ministers are systematically and consistently working in this direction to minimize the negative consequences of these sanctions.
In its statement dated February 24, 2026, the Ministry of Economy and Commerce of the Kyrgyz Republic confirmed the facts concerning the Open Joint Stock Company "Trade Company of the Kyrgyz Republic." According to the agency, this entity was liquidated on February 10, 2026, in accordance with the order of the Ministry of Justice of the KR No. 1184-k, which complies with the current legislation of the country. Furthermore, the Ministry of Economy clarified the situation regarding the
At the meeting of the Republican Commission on Organizational Issues of the Census, Bakyt Torobaev emphasized the importance of this event. According to information from the Chairman of the National Statistical Committee of the Kyrgyz Republic, Baktybek Kudaybergenov, this census will be conducted in electronic format, which will be an important step towards abandoning paper-based materials.
Photo courtesy of the press service of the Cabinet. Photo courtesy of the press service of the Cabinet. At the meeting, led by Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, Agriculture, and Food Processing Industry, organizational aspects of the upcoming agricultural census were discussed. The information was provided by the press service of the Cabinet. During the meeting, Baktybek Kudaybergenov, Chairman of the National Statistical Committee of
The National Bank of the Kyrgyz Republic has announced an increase in the key interest rate by 1 percent, reaching a level of 12 percent. The new rate came into effect today, according to a statement from the press service of the NB KR. Reasons and Impact on Prices The National Bank noted that the current external economic situation is unstable and filled with uncertainty. There is a slowdown in the growth of food prices in global markets; however, inflation in Kyrgyzstan's partner
On February 24, 2026, the Ministry of Agriculture presented a draft law for public discussion concerning the legal status of peasant and family farms. The project proposes amendments to several legislative acts, including the Civil and Tax Codes. Additionally, it is planned to rename the existing law "On Peasant (Farm) Economy" to "On Dykank and Family Farm Economy". One of the main innovations is the introduction of two forms of farming: Dykank economy — an independent
The National Bank of the Kyrgyz Republic has decided to raise the discount rate by 100 basis points, setting it at 12%. This was announced at a press conference on February 24, 2026, by the bank's deputy chairman, Azat Kozubekov. The new measure will take effect on the same day. It is worth noting that at the previous meeting, held on January 27, 2026, the rate remained at 11%.
The Board of the National Bank of the Kyrgyz Republic (NBKR) has decided to raise the key interest rate by 100 basis points, bringing it to 12% effective February 23, 2026. This change took effect immediately, as stated in the bank's official announcement. According to the NBKR, the external economic climate remains complex and unstable. There is a slowdown in price growth for essential goods in global food markets; however, inflation in the countries that are Kyrgyzstan's main
- In Kyrgyzstan, the launch of the digital som is scheduled for January 1, 2027. This was announced at a press conference on February 24 by the Deputy Chairman of the National Bank, Azat Kozubekov. According to Kozubekov, from this date, the corresponding law will come into effect, allowing for the official introduction of digital currency. The National Bank is currently actively working with partners on the implementation of this project.
The Ministry of Health of Kazakhstan has decided to ban the medical use and withdraw from sale a medication intended for the treatment of erectile dysfunction, as reported by TengriHealth.
- On February 10, 2026, the Cabinet of Ministers issued Resolution No. 72, which approved the transfer of a land plot in the Uzgen district of the Osh region for the establishment of a municipal livestock market. This plot has an area of 8.83 hectares and is located within the rural municipality of Jazy in the Uzgen district. Previously, this land plot was state-owned and classified as "Water Fund Lands."
The Cabinet of Ministers of Kyrgyzstan has decided to impose a temporary ban on the export of mineral fertilizers outside the countries of the Eurasian Economic Union. This ban will take effect in five days and will last for six months. The restriction covers all types of mineral fertilizers, except those that were imported from third countries and do not meet quality standards. Exceptions are also provided for humanitarian aid, which will be granted by the government's decision.
Active preparation of irrigation systems for the upcoming spring agricultural work has begun in the Ala-Buka district. This initiative is led by the district agricultural development administration, operating under the auspices of the Ministry of Water Resources, Agriculture, and Processing Industry.
Photo from the internet. Since Friday, the exchange rate of the Chinese yuan has remained stable — previously, only the US dollar demonstrated such stability. Against the backdrop of changes in the currency market, the euro's exchange rate is rising, while the Russian ruble and the Kazakh tenge continue to lose value. The US dollar and the Chinese yuan remain at the same level. This data was provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek. US dollar exchange
The State Service for Land and Water Resources of Kyrgyzstan draws the public's attention to the increasing number of fraud cases in the sale of land plots. Citizens are increasingly encountering situations where the purchase of land is based on false promises regarding the possibility of building residential houses.
Photo of OJSC "Chakan HPP". Lebedinovskaya HPP According to information from the press service of OJSC "Chakan HPP", the company has signed a contract with the Chinese China National Heavy Machinery Corporation, which will become the general contractor for the reconstruction project of the Lebedinovskaya HPP. Currently, specialists have already begun work on the design and estimate documentation for the upcoming works.
The Cabinet of Ministers has updated the rules for electricity usage, which have been in effect since 2012, with the aim of adapting legislation to the development of renewable energy sources (RES) and microgeneration, as well as enhancing the safety of the energy system. One of the most significant changes is the ban on the use of autonomous power supply sources if their connection does not prevent the supply of voltage to external networks.
According to the report by the Eurasian Development Bank (EDB), the gross domestic product (GDP) of the Kyrgyz Republic increased by 9% in January 2026. Analysts previously noted that a key factor in this growth was robust consumer demand. In particular:
The government of Kyrgyzstan has decided to impose a six-month ban on the export of used catalysts and waste containing precious metals. This step is aimed at preventing the illegal export of valuable materials and preserving strategic resources within the country. According to the new decree, the export of the following categories will be prohibited for six months:
- On February 16, 2026, the Antimonopoly Service under the Ministry of Economy and Commerce issued Order No. 9, which approved the updated price list for paid services provided by the Water Resources Service, which is under the jurisdiction of the Ministry of Water Resources, Agriculture, and Processing Industry. The new rates will be in effect until March 1, 2027. In this regard, the previously adopted orders of the Antimonopoly Service from April 29, 2025, No. 33, and from June 25, 2025, No.
According to information provided by the State Enterprise "National Company 'Kyrgyz Temir Zholu'", there is a significant increase in passenger traffic on the railway in Kyrgyzstan. Photo from the archive
The morning exchange rates in the currency exchange offices at MosSovet on February 24 are presented below:
- On February 19, Deputy Dastan Bekeshev presented a draft law for consideration by the Jogorku Kenesh, titled "On Amendments to the Code of the Kyrgyz Republic on Offenses." As part of this draft law, it is planned to supplement Article 116, concerning "Damage to Water Management Facilities," with an alternative punishment in the form of community service lasting from 20 to 40 hours.
The National Statistical Committee reported an increase in the import of fresh fruits in Kyrgyzstan for the year 2025. The volume of supplies rose by 1.4%, reaching 6.9 thousand tons, which is equivalent to $5.6 million. Compared to the previous year, when imports amounted to 6.8 thousand tons worth $5.3 million, a slight but noticeable increase has been recorded.
- The Department of State Architectural and Construction Control under the Ministry of Construction monitors compliance with requirements related to technical safety and building standards. During an inspection conducted by the department's office in Bishkek, the construction of a residential building at the address: Kök-Jar village, Madiyev Street 9 was examined. “During the control process, violations of safety and labor protection standards were identified during the construction of an
- According to data for January-December 2025, the gross output in construction amounted to 438.5 billion soms, which is 21.1% higher than the previous year (in 2024, the growth was 28.7%). The largest contribution to the overall growth of the construction industry came from the city of Bishkek, where construction volumes increased by 19.7%. In this region, the activity was driven by the construction of multi-story residential buildings, roads, power supply lines, and the gasification of
- In early 2026, the Social Fund of the Kyrgyz Republic invested 1.1 billion soms in government securities [GCS] of the Ministry of Finance. The relevant data was published on the fund's website. Government securities provide a yield in the range of 15.2–16.0% per annum.