Economy

The Financial System of Kyrgyzstan Demonstrates Sustainable Development - Ministry of Finance

According to the press service of the Ministry of Finance, the financial system of Kyrgyzstan is demonstrating stable growth and strengthening, which has been made possible by effective management of state finances. The Ministry presented statistics on the changes in the resources of the consolidated budget for the period from 2021 to 2025. According to official data, its volume increased from 313.1 billion to 1 trillion 101.4 billion soms, which represents a growth of 3.5 times. This confirms

16.02.2026, 09:19
Economy

The Cabinet found a contractor for the construction of multi-storey buildings on the territory of the former liquor and vodka factory in Bishkek.

- The Cabinet of Ministers has instructed the State Mortgage Company (GIK) to consider the possibility of signing an investment agreement with a private contractor for the implementation of a multifunctional residential complex project in Bishkek. The corresponding order No. 64-r was issued on February 6, 2026. The project involves the construction of a residential complex on a land plot of 1.5 hectares, located at: Bishkek, Abdrakhmanov Street, 220 - on the site of the former liquor distillery.

16.02.2026, 09:06
Economy

Preferential tariffs for coal transportation by rail for Bishkek's CHPP have been established

The head of the Cabinet of Ministers, Adylbek Kasymaliev, has signed a new resolution introducing preferential tariffs for railway transportation of coal for the Bishkek heat and power plant (HPP). The changes pertain to the document adopted on May 28, 2025, under number 282, which regulates the preparation of the economy for the autumn-winter season of 2025/2026. According to the adopted decision, the procedure for tariff regulation for coal transportation intended for the capital's HPP

16.02.2026, 09:05
Economy

Exchange Rate: Banks Sell the Dollar for 87.75-87.8 Som

As of the morning of February 16, 2026, according to the banks of Kyrgyzstan, the exchange rate of the US dollar is between 87.25 and 87.45 soms for buying, and between 87.75 and 87.8 soms for selling. As for the euro, its value ranges from 103 to 103.5 soms for buying and from 104 to 104.5 soms for selling.

16.02.2026, 07:34
Economy

In Kyrgyzstan, a fast payment system will be launched in the near future

In the near future, a fast payment system is planned to be implemented in Kyrgyzstan. The Deputy Chairman of the National Bank, Medet Tairov, shared this news at a business breakfast organized by the Russian-Kyrgyz Development Fund. He noted that work is currently underway to improve the accessibility, speed, and security of financial services in the country.

16.02.2026, 07:30
Economy

Infographic: Kyrgyzstan Leads the EAEU in Prices for Carrots, Beets, Potatoes, and Apples

- Based on information from the Eurasian Economic Commission, Kyrgyzstan stands out among the EAEU countries for the high prices of carrots, potatoes, beets, and onions. Carrots cost $570 per ton — this is 10% higher than in Armenia and three times more than in Kazakhstan. Beets are priced at $497 per ton, which is 2.3 times higher than in Russia. The price of potatoes is $373 per ton, which is 2.5 times higher than in Belarus. In terms of onion prices ($329 per ton), Kyrgyzstan ranks third,

16.02.2026, 06:23
Economy

Freedom Bank has abandoned plans to open a subsidiary bank in Kyrgyzstan

According to reports, the bank's press service clarified that the cancellation of plans is related to a revision of its international strategy. "Freedom Bank is currently not planning to open a subsidiary bank in Kyrgyzstan as part of the update of its international strategy. However, the bank continues to explore opportunities in this market in the context of the region's long-term development," the company noted. At present, the bank is focused on exploring other foreign

15.02.2026, 19:05
Economy

The Ministry of Finance forecasts that in 2026, the republican budget will receive 67 billion soms in the form of dividends and profits.

- In its report, the Ministry of Finance predicts that in 2026, the republican budget will increase by 67.0 billion soms due to dividends and profits. This information is contained in a document where the ministry shares the key indicators of the new budget. The majority of non-tax revenues in the budget (55.5%) will be formed precisely from these receipts. According to the classification of the Ministry of Finance, the category "Dividends and Profits" includes the following sources

15.02.2026, 18:46
Economy

In At-Bashy, they will start processing leather and wool — a factory is being built there for 150 million soms

Recently, a meeting was held in the At-Bashinsky district between local authorities and residents of the village. During the discussion, one of the participants, Temirbek Abdildaev, urged the new akim to pay attention to the development of sports and to establish the processing of leather and wool in the region. Temirbek Abdildaev emphasized: “Dear leaders, welcome! Our district faces urgent issues regarding the processing of wool and leather, as well as the procurement of feed, which is linked

15.02.2026, 18:15
Energy cooperation of four countries discussed in Tashkent
Economy / Exclusive

Energy cooperation of four countries discussed in Tashkent

On February 13, a working meeting of the ministers of energy and water management of Uzbekistan, Kyrgyzstan, Kazakhstan, and Tajikistan took place in Tashkent. This was reported by the Ministry of Energy of the Kyrgyz Republic. During the meeting, in addition to the Minister of Energy of Kyrgyzstan, Talaybek Ibraev, his colleagues from Uzbekistan, Kazakhstan, and Tajikistan were present, as well as representatives of energy companies from these countries.

15.02.2026, 16:36
The Tourism Development Fund attracted $4.5 million in World Bank grants
Economy

The Tourism Development Fund attracted $4.5 million in World Bank grants

At the meeting of the Collegium of the Ministry of Economy and Commerce, a report on achievements for the year 2025 was presented. In 2025, the Tourism Development Support Fund managed to recover 56.1 million soms from accounts receivable and attracted over $4.5 million in grants from the World Bank to implement new tourism projects in the Osh region.

15.02.2026, 14:18
Economy

In the first 11 months of 2025, imports of fresh fruits from Iran decreased by 26%

- In the 11 months of 2025, Kyrgyzstan reduced its import of fresh fruits from Iran by 26%. These figures were presented by the National Statistical Committee. According to the information from the agency, from January to November, the country imported 2,000 tons of fresh fruits from Iran, amounting to $1.3 million. This is 26% less than in the same period of 2024, when 2,800 tons were purchased for $1.9 million.

15.02.2026, 13:35
Economy

The Land Supervision Service returned 2780 sq.m of land to the state in Osh

- The Supreme Court has decided to return a plot of land measuring 2,780 square meters to state ownership. This was reported by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The basis for this decision was a lawsuit filed by the territorial administration responsible for the city of Osh and the Osh region.

15.02.2026, 13:16
Economy

More than 100 memorandums will be signed at the "Agrodialog-2026" forum in Kyrgyzstan

- In Kyrgyzstan, from February 18 to 21, the agro-industrial forum "Agrodialog–2026" will take place, during which the signing of more than 100 memorandums of cooperation is planned. This was reported by the press service of the Ministry of Agriculture. According to the ministry, the agreements will be aimed at attracting investments, implementing modern technologies, and expanding the export potential of domestic agricultural products.

15.02.2026, 11:04
Economy

In the first 11 months of 2025, tea imports from Kazakhstan decreased by 35%

- The import of tea from Kazakhstan to Kyrgyzstan decreased by 35% over the 11 months of 2025. This data was provided by the National Statistical Committee. According to the agency's information, from January to November 2025, Kyrgyzstan imported 3.8 thousand tons of tea from Kazakhstan worth 4.7 million dollars. Compared to the same period in 2024, the volume of supplies decreased by 35%. In 2024, 5.9 thousand tons of tea were imported with a total value of 4 million dollars.

15.02.2026, 10:32
Economy

In the first 11 months of 2025, Kyrgyzstan increased banana imports by 10%

- From January to November 2025, Kyrgyzstan increased its banana import volume by 10%, according to data from the National Statistical Committee. During the specified period, the republic imported 36,000 tons of bananas worth 29 million dollars, which is 10% more than in the same months of 2024, when 29,100 tons were brought in for 21 million dollars.

14.02.2026, 20:40