Economy

Budget revenues for 2025 clarified to 605.5 billion soms

- On December 15, 2025, the Cabinet of Ministers signed Resolution No. 810, which approved changes to the republican budget for 2025, as well as plans for 2026 and 2027. These changes will be presented for approval to the Jogorku Kenesh within a month after the formation of the new composition of parliament.

26.12.2025, 10:42
Economy

At the Kurultai, there was a call to regulate the construction of Bishkek by private companies.

- On December 26, the delegate from the capital, Baktybek Shambetov, proposed the need for control over the activities of private developers in residential areas of Bishkek. Shambetov noted that private companies are purchasing land plots of 5–6 hundred square meters from local residents, as well as demolishing houses in residential zones to construct three- and five-story apartment complexes, which are then sold privately. “This is, of course, business, but such development of new buildings

26.12.2025, 10:36
Economy

Kyrgyzstan continues to increase its national debt. How much and from whom is the country receiving?

As of October 31, Kyrgyzstan's national debt reached 8 billion 692.52 million dollars, increasing by 2.1 billion dollars since the beginning of the year. External borrowings amount to 5 billion 162.90 million dollars, while internal borrowings total 3 billion 529.62 million dollars. At the same time, external debt has increased by 648.04 million dollars, and internal debt has risen by 1 billion 474.9 million dollars compared to December 31, 2024. Kaktus.media conducted an analysis of

26.12.2025, 10:32
Economy

"Another 170,000 People." The World Bank Forecasts an Increase in Poverty in Kyrgyzstan Due to Climate Change

In its Country Report on Climate and Development in Kyrgyzstan, the World Bank predicts that climate change will not have a significant impact on poverty levels. According to the study, vulnerability to climate change will be observed in those regions where high poverty levels intersect with serious climate threats. Under an optimistic economic growth scenario, the poverty level in the country is expected to rise by only 1.8 - 2.2% by 2030-2040, and by 2050 it will remain at the same level.

26.12.2025, 10:30
Economy

The exemption for the import of electric vehicles in Kyrgyzstan will come into effect on January 22 - EEC

According to information provided by the press service of the Eurasian Economic Commission, a tariff exemption for the import of electric vehicles to Kyrgyzstan, Belarus, and Armenia will come into effect on January 22 of next year. Previously, at a meeting of the Intergovernmental Council of the Eurasian Economic Union in Moscow, a preference was adopted under which the member countries agreed to exempt imported electric vehicles from customs duties. This measure will take effect in 2026.

26.12.2025, 10:12
Exchange rates in commercial banks of Kyrgyzstan on December 26
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 26

The information presented below has been collected from the official websites of commercial banks in Kyrgyzstan. If you have any questions regarding the provided data, it is recommended to contact the banks directly. It should be noted that the data is current as of the time of publication. The exchange rates listed are intended for cash currency exchange and may change throughout the day.

26.12.2025, 10:03
Economy

Kyrgyzstan Increases Car Imports from China

According to data from the General Administration of Customs of China, from January to November of this year, the import of passenger cars from China to Kyrgyzstan increased by 41.9% compared to the same period last year. As a result, 118,622 vehicles were imported in 11 months, while last year the number was 83,575. It is also worth noting that during the specified period, trade turnover between Kyrgyzstan and China reached $24.5 billion.

26.12.2025, 09:56
Economy

The Economy of Kyrgyzstan - 2025: Growth Records and Price Shocks

In 2025, Kyrgyzstan found itself at a crossroads, facing stark contrasts in its economy. On one hand, the country demonstrated double-digit growth in gross domestic product (GDP) and active development in the construction sector; on the other hand, it encountered a sharp increase in inflation and the necessity for tightening financial policies. As a result of the year’s analysis, five main achievements and five significant challenges that shaped the economic situation were identified.

26.12.2025, 09:51
Economy

Exchange Rate: How Much Does the US Dollar Cost?

- As of the morning of December 26, 2025, the exchange rate of the US dollar in the banks of Kyrgyzstan is 87.2-87.3 soms (buy) and 87.7-87.8 soms (sell). Euros can be purchased at a price of 102-102.8 soms (buy) and sold for 103-103.8 soms.

26.12.2025, 09:28
Economy

The National Bank assessed the level of lending to the economy of Kyrgyzstan

According to the report on monetary policy, the third quarter of 2025 saw a continued increase in lending to the economy. The credit portfolio of the banking system grew by 10.5%, reaching 460.6 billion soms, which is 35.2% higher compared to the beginning of the year. The main factor behind this growth was the increase in loans in national currency by 10.8%, which reached 378.6 billion soms. Among the popular types of lending are consumer loans, mortgage loans, and loans for the real sector.

26.12.2025, 09:11
Economy

Kyrgyzstan will produce system units for personal computers

Kyrgyzstan will begin the production of system units for personal computers, as announced by the trade representative of Russia in the country, Ainur Samanov. He noted that Russian investments are primarily directed towards key sectors, among which energy stands out. In particular, work is underway on the construction of the Kulanak Hydroelectric Power Station with a capacity of 100 megawatts in the Naryn region, a wind power station with a capacity of 100 megawatts in the Issyk-Kul region, and

26.12.2025, 09:10
Economy

How Much Kyrgyz People Earn in South Korea. Data from the Ministry of Labor

According to information provided by the employment center for citizens abroad under the Ministry of Labor, a program for the employment of citizens of Kyrgyzstan (EPS) is being implemented in South Korea, concluded with the Ministry of Employment and Labor of that country. This initiative has been functioning since 2007 and is successfully extended every two years.

26.12.2025, 09:01
Exchange rates for December 26
Economy

Exchange rates for December 26

The official exchange rates for December 26 were published by the National Bank of Kyrgyzstan. Changes compared to the previous day were minimal.

26.12.2025, 08:33
Year in Review: Key Indicators of Leading Industries by Taxes
Economy

Year in Review: Key Indicators of Leading Industries by Taxes

According to information provided by the State Tax Service of the Kyrgyz Republic, during the 11 months of 2025, key sectors of the economy significantly contributed to the formation of tax revenues for the budget. The structure of these revenues shows a stable growth, where the mining sector accounted for 20.6% of the total tax contributions, trade made up 31%, financial services accounted for 4.7%, construction 5.6%, telecommunications 2.3%, electricity 2%, education 1.5%, and the production

26.12.2025, 08:32
NBKR and IFC Discussed Key Directions for the Development of Digital Finance in Kyrgyzstan
Economy

NBKR and IFC Discussed Key Directions for the Development of Digital Finance in Kyrgyzstan

The National Bank of Kyrgyzstan, with the support of the International Finance Corporation (IFC), organized a roundtable on December 22 dedicated to the development of digital financial technologies in the country. Representatives from various organizations participated in this event, including the Non-Governmental Organization "Union of Banks of Kyrgyzstan," commercial banks, the Association of Virtual Asset Market Participants, the Association of Payment System Operators, as well

26.12.2025, 08:27
Economy

About 22 Tons of Beef from Pakistan Not Allowed into Kyrgyzstan

According to information from the press service of the Ministry of Water Management and Agriculture, a cargo weighing 21,800 kg was stopped at the veterinary control point "Torugart," located in the Naryn region, which was supposed to be delivered to Kyrgyzstan. It is noted that this cargo was coming from Pakistan through China.

26.12.2025, 08:26
Economy

EEC has eliminated import duties on waste and scrap of precious metals until the end of 2028

The Board of the Eurasian Economic Commission (EEC) has decided to eliminate import duty rates for waste and scrap of precious metals (codes 7112 30 000 0, 7112 91 000 0, 7112 92 000 0, and 7112 99 000 0 according to the EAEU Commodity Nomenclature). This measure will be in effect until December 31, 2028, as reported on the official EEC website. Vaagn Kazaryan, the director of the customs tariff and non-tariff regulation department of the EEC, emphasized that previous experience in applying

26.12.2025, 07:48
Economy

Residents near the oil refinery and distillery in Kara-Balta complain about the smell, - delegate of the Jayil district

On December 25, at the IV People's Kurultai, a delegate from the Jayil District of the Chui Region, Mirlan Jusupbekov, raised an important issue concerning residents living near the Kara-Balti Alcohol Plant and China Petrol Company. They express dissatisfaction due to the constant unpleasant odor that complicates their daily lives. “We support the development of the region, but this should not come at the expense of people's health,” emphasized Jusupbekov.

25.12.2025, 21:29
Economy

A delegate from the Talas region proposed to put the "Kairym" canal into operation to expand irrigated lands.

- The issues of providing irrigation water and improving the irrigation system remain relevant in the Talas Valley. This was reported on December 25, 2025, at the IV People's Kurultai by the delegate from the Talas region, Kenzhaly Arykbaev. He noted that one solution to this problem could be the launch of the "Kairma" water canal. According to the delegate, the implementation of this project would increase the area of irrigated land by 15,000 hectares, covering the territory

25.12.2025, 21:10
Economy

The share of small and medium-sized businesses in GDP increased from 42.6% to 51.7%, - president

On December 25, during the IV People's Kurultai, President Sadyr Japarov announced that in the nine months of 2025, the gross added value produced by small and medium-sized enterprises increased by 46.4% and reached 641 billion soms. The head of state emphasized that supporting small and medium entrepreneurship is one of the key directions of the National Development Program of the Kyrgyz Republic until 2030.

25.12.2025, 21:08
Economy

Bishkek Master Plan 2050: The capital plans to create nearly 350,000 jobs and enhance financial and logistical functions

- The General Plan for the Development of Bishkek until 2050 includes ambitious tasks, among which are the creation of 349.4 thousand jobs and strengthening the city's status as the financial and logistics center of the country, as stated in official materials. The document covers the development of the construction materials industry, including the production of concrete, bricks, glass, and asphalt concrete. It also outlines the phased implementation of "green energy," including

25.12.2025, 21:06
Economy

Sewage Question. Two More Treatment Plants Planned to Be Built in Bishkek

According to the new General Plan for Bishkek, which is set to be implemented by 2050, improvements to communal infrastructure, including the sewage system, are planned; however, some aspects remain confidential. This was reported by Bishkek's Vice Mayor Azamat Kadyrov. We cannot provide detailed information.

25.12.2025, 21:01
"Altyn Alliance" helped update the lighting of the main square in Talas
Economy

"Altyn Alliance" helped update the lighting of the main square in Talas

The lighting renovation work in the central square of Talas has been completed, significantly enhancing its appearance. This project is an important step towards improving urban infrastructure. During the implementation of the project, 60 modern 12-meter tall lamps and LED screens were installed, which are already in active use. The new lighting system provides uniform illumination of the square, increasing safety during nighttime and creating a favorable urban atmosphere.

25.12.2025, 20:58
Economy

Sadyr Japarov spoke about the results of creating agro-industrial clusters and cooperatives

Kyrgyzstan fully meets its needs for six out of nine essential food products, which has been made possible through the joint efforts of the government, farmers, processors, and cooperatives. This was reported by President Sadyr Japarov during the IV People's Kurultai held on December 25. The President noted that for a country where 58% of the population lives in rural areas, agriculture is the cornerstone of social stability, food security, and economic growth in the regions. “The labor of

25.12.2025, 20:48
Economy

The President opened 11 facilities in the Batken region

On the first day of the IV People's Kurultai, President Sadyr Japarov participated online in the opening of 94 facilities located across the country. As part of this event, 11 new facilities were successfully commissioned in the Batken region, including three manufacturing enterprises, seven social facilities, and one road.

25.12.2025, 20:45
Economy

The area of Bishkek is 41 thousand hectares, - the developer of the master plan

- The total area of Bishkek is 41,081.3 hectares, of which 31% is in private hands, as reported by Irina Grishechkina, Deputy Director for Project Issues at the Institute of Urban Planning, during the discussion of the city’s master plan until 2050. According to her report, 60% of the land remains unregistered in the unified state cadastral system, 5% of the land belongs to municipal authorities, and 4% is under state management.

25.12.2025, 20:24
Economy

36 wells are idle in Batken — the gas field has been decided to be studied

In the Pidap area, near the village of Orukzar in the Ak-Turpak aiyl aimak of the Kadamjai district in the Batken region, work has begun to study the gas field. On December 20, 2025, the presidential envoy in the Batken region, Aibek Shamenov, conducted an inspection at the site where unused gas wells are located, according to information from the presidential office.

25.12.2025, 20:18
The Ministry of Agriculture of the Kyrgyz Republic launches a digital system for distributing meat import quotas
Economy

The Ministry of Agriculture of the Kyrgyz Republic launches a digital system for distributing meat import quotas

The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic has announced the start of pilot operation of an automated information system (AIS) for processing applications for tariff quotas for the import of certain types of meat. This measure aims to fully transition the quota management process to a digital format, which, in turn, will significantly enhance the transparency of the agency's operations and reduce the likelihood of corruption.

25.12.2025, 20:18
The head of the cabinet expressed dissatisfaction with the residents of the Kochkor district
Economy

The head of the cabinet expressed dissatisfaction with the residents of the Kochkor district

Villagers opposed the solar power plant Deputy Gulsunkan Junushalieva presented at a session of the Jogorku Kenesh the appeals of the residents of the village of Ortok, who are unhappy with the construction of a solar power plant. "Local residents claim that they stopped the work, but the contractors continue. As a result, conflicts arise, as significant areas of pasture are allocated for construction," she noted.

25.12.2025, 20:08
GTS: The Fight Against Smuggling Brought 1.5 Billion Soms to the Budget
Economy

GTS: The Fight Against Smuggling Brought 1.5 Billion Soms to the Budget

The Main Department for Combating Smuggling of the State Customs Service achieved significant results in 2025, ensuring record revenues to the budget. The press service of the agency reported that the total amount of refunded funds reached 1.5 billion soms, which is 603 million soms higher than the figure for 2024 and is the highest result in the history of the department.

25.12.2025, 19:59
Economy

Sobyanin believes that Moscow cannot do without migrants for now

According to the latest forecasts from Sergey Sobyanin, the mayor of Moscow, the shortage of labor in the capital, which currently stands at 400 to 500 thousand people, will only increase. At a meeting of the Moscow City Duma, he stated: "Moscow currently lacks labor resources, and the situation will only worsen in the future. Populism regarding migration policy is unacceptable under these conditions," as reported by "Interfax".

25.12.2025, 19:58
Economy

A delegate from Aidarken proposed to build a daily regulation pool and a reservoir to eliminate the water shortage in Birlik.

- At the IV People's Kurultai, delegate Akzhol Adakhan uulu from Aydarken (Kadamjai district) raised the issue of the necessity to construct a daily regulation reservoir [BRS] and a water reservoir for the village government of Birlik. He noted that the implementation of this project could significantly improve the situation with the shortage of water resources and create favorable conditions for agricultural development. According to him, access to irrigation water will have a

25.12.2025, 19:53
Economy

In Russia, a cleanup of the market from questionable imports has begun: the import of toys from Kyrgyzstan is banned.

In Russia, an active cleanup of questionable imports has begun, which has manifested in the suspension of certificates issued in the countries of the Eurasian Union. According to the president of the Association of Children's Goods Industry Enterprises, Antonina Tsitsulina, this decision is related to doubts about the quality of children's products—such as toys, clothing, and footwear—coming from Kyrgyzstan. She reported this. Tsitsulina noted that this regulatory measure was

25.12.2025, 19:36
Kanibek Tumanbaev: The Revenues of the President's Office of the Kyrgyz Republic Increased 30 Times
Economy

Kanibek Tumanbaev: The Revenues of the President's Office of the Kyrgyz Republic Increased 30 Times

This year, the plan of 11 billion soms has been exceeded At the final departmental meeting, Kanibek Tumanbaev, head of the President's Office of the Kyrgyz Republic, reported that over the past six years, the income of his department has increased 30 times. He noted that in 2020, the revenue was only 479.2 thousand soms, and by 2025 it is expected to grow to 14.1 billion soms. This means that the target for the current year of 11 billion soms has been successfully surpassed.

25.12.2025, 19:35