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Currency exchange rates in commercial banks of Kyrgyzstan on February 3
Economy

Currency exchange rates in commercial banks of Kyrgyzstan on February 3

Information about exchange rates has been gathered from the websites of commercial banks. If you have questions regarding the provided data, it is recommended to contact the banks directly. The data is current as of the time of publication and pertains to cash currency exchange. Rates may change throughout the day. Official rates set by the National Bank of Kyrgyzstan, as well as rates at exchange points in Bishkek, are available at this link.

03.02.2026, 11:02
Why are there salaries of 500,000 soms in the Ministry of Construction - a comment from the Deputy Minister
Economy / Exclusive

Why are there salaries of 500,000 soms in the Ministry of Construction - a comment from the Deputy Minister

At a meeting of the Committee of the Jogorku Kenesh on industrial policy, transport, architecture, and construction, Deputy Minister of Construction Talant Imankun uulu explained why the salaries of employees reach 500,000 soms. He noted that the profession of architect is considered rare and highly qualified, requiring 6-7 years of training. Private architects earn between 15 to 20 dollars per square meter when developing projects. Previously, drawings were exclusively handled by private

03.02.2026, 11:01
Kazakhstan offered Kyrgyzstan access to major retail chains in China
Economy

Kazakhstan offered Kyrgyzstan access to major retail chains in China

Access to the Chinese market opens new opportunities for the domestic economy At the building of the Chamber of Commerce and Industry of the Kyrgyz Republic, a presentation of the acceleration program organized by the National Association of Cooperatives and Other Forms of Economic Community of Kazakhstan (NACOFEC) took place.

03.02.2026, 10:56
Benefits from the EAEU. Kyrgyzstan will not pay customs duties on meat, sugar, and fruits.
Economy

Benefits from the EAEU. Kyrgyzstan will not pay customs duties on meat, sugar, and fruits.

Photo by RIA Novosti. Flags of the Eurasian Economic Union countries Important decisions made by the Council of the Eurasian Economic Commission are aimed at supporting the agro-industrial sector of Kyrgyzstan, as reported by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. According to the ministry's information, a number of goods with social and economic significance will be exempt from import customs duties when brought into Kyrgyzstan for

03.02.2026, 10:51
Economy

Only 4 employees of the Ministry of Construction receive a salary of 500,000 soms, - Deputy Minister Imanakun uulu

- On February 3, 2026, at a meeting of the Committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, the fuel and energy complex, architecture, and construction, the Deputy Minister of Construction, Architecture, and Housing and Communal Services Talantbek Imanakun uulu reported that only 4 employees of the ministry receive a salary of 500,000 soms. He noted that highly qualified architects and technologists capable of implementing the project were invited to the

03.02.2026, 10:50
Economy

The deputy did not believe that the Ministry of Construction employees receive 500,000 soms not monthly, but per project, reminding of Nurdana Oruntaev's words.

- On February 3, 2026, during a meeting of the Committee of the Jogorku Kenesh on industrial policy, deputy Akylbek Tumonbaev questioned the statement made by the Deputy Minister of Construction, Architecture, and Housing and Communal Services Talantbek Imanakun uulu that employees of the Ministry of Construction receive 500,000 soms not monthly, but for each project. Tumonbaev reminded that the Minister of Construction Nurdin Oruntaev had previously claimed that the salaries of his employees

03.02.2026, 10:29
Economy

Budget Project of Bishkek. Revenues in 2026 are projected at 32.9 billion soms

A draft resolution "On the Approval of the Budget of Bishkek for 2026 and the Planning Period of 2027-2028" has been submitted for public discussion, in which the city administration announced the forecast for the revenue part of the local budget for 2026 amounting to 32 billion 873 million 616.8 thousand soms, including targeted transfers from the republican budget. According to the provided data, it is expected that tax revenues will amount to 23 billion 917 million 327.9 thousand

03.02.2026, 10:05
Residents of Chuy Region Promised Large-Scale Modernization of Power Grids
Economy

Residents of Chuy Region Promised Large-Scale Modernization of Power Grids

Photo: Chui Electric Networks. In 2026, the Chui Electric Networks enterprise, a branch of OJSC "Kyrgyzstan UET", plans to construct several key facilities. This information was announced by the press service of the Ministry of Energy. Among the planned works are the construction of substations: "Manas" (110/35/10 kV), "Chuyskaya" (second phase 220/35/10 kV), "Kün-Tuu" (110/35/10 kV), and "Leninskaya" (35/10 kV).

03.02.2026, 10:05
The specialized committee of the State Duma approved amendments to the bill on renewable energy sources.
Economy / Exclusive

The specialized committee of the State Duma approved amendments to the bill on renewable energy sources.

The committee of the Jogorku Kenesh, which deals with issues of industrial policy, transport, energy, architecture, and construction, supported the draft law "On Amendments to the Law of the Kyrgyz Republic on Renewable Energy Sources" in three readings. Deputy Minister of Energy Altynbek Rysbekov emphasized that this draft law aims to develop the renewable energy sector, modernize energy infrastructure, improve the investment climate, and promote sustainable economic development in

03.02.2026, 09:57
Economy

Meat, sugar, and fruits exempted from import duties. Details

On January 30 of this year, the Council of the Eurasian Economic Commission made a decision to grant Kyrgyzstan tariff preferences for the import of key goods, which is expected to support the agro-industrial sector and stabilize the domestic market, as well as control prices, as reported by the press service of the Ministry of Agriculture, Water Resources, and Regional Development of the Kyrgyz Republic. In accordance with the new rules, the import of beef — fresh, chilled, and frozen (EAEU HS

03.02.2026, 09:53
The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow
Economy

The Cabinet secured millions of dollars in benefits for Kyrgyzstan in Moscow

Another meeting of the Eurasian Economic Commission Council took place in Moscow, attended by Daniyar Amangeldiev, the First Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic. As a result of the meeting, a number of decisions were made aimed at strengthening the economic and food security of the Union member states. One of the key decisions was to grant Kyrgyzstan a tariff exemption on the import of raw cane sugar. In 2026, the republic will be exempt from paying import

03.02.2026, 09:39
Economy

A Business Forum on Strengthening Cooperation Between Central Asian Countries and the USA Will Be Held in Bishkek

The "Business (B)5+1" forum will take place on February 4 and 5 in the capital of Kyrgyzstan. This information was reported by the press service of the country's cabinet of ministers. This high-level event, organized in partnership with the cabinet of ministers of the Kyrgyz Republic, will serve as an important platform for discussions between business leaders and government representatives from Central Asian countries and the United States. The main goal of the forum is to

03.02.2026, 09:37
EEC approved tariff concessions for the import of meat, sugar, and fruits into Kyrgyzstan
Economy / Exclusive

EEC approved tariff concessions for the import of meat, sugar, and fruits into Kyrgyzstan

At the meeting of the EEC Council held on January 30, several decisions were made aimed at supporting the agro-industrial sector of Kyrgyzstan. This was reported by the Ministry of Water Resources, Agriculture, and Processing Industry of the country. According to the information from the ministry, the new documents provide tariff benefits that exempt from paying import customs duties for a number of goods that have social and economic significance, imported into the territory of Kyrgyzstan for

03.02.2026, 09:20
Economy

Changes in the Management of "Optima Bank"

As reported by the Kyrgyz Stock Exchange, there have been changes in the management of OJSC "Optima Bank." Ada Izmukhanov, who held the position of first deputy chairman since 2021, has decided to leave his position. This decision was made by mutual agreement of the parties, as stated in the submitted statement. The bank's board of directors has appointed Garyp Ismatov, who was previously a member of the board, as the new first deputy chairman.

03.02.2026, 09:13
In Chuy District, onions are sold at the fair for 16 soms
Economy

In Chuy District, onions are sold at the fair for 16 soms

In the Chui District of the Chui region, a food fair was held, organized by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan. The event was part of a broader campaign aimed at reducing high food prices. At the fair, residents had the opportunity to purchase goods directly from producers, which helped eliminate intermediary chains. For instance, onions were sold for only 16 soms, potatoes for 37 soms, and a kilogram of fresh meat could be bought starting from

03.02.2026, 09:06
Kyrgyzstan Sharply Reduced Import of Seedlings
Economy

Kyrgyzstan Sharply Reduced Import of Seedlings

The Ministry of Agriculture of the Kyrgyz Republic, through the Department of Chemicalization, Plant Protection, and Quarantine, has implemented strict control measures for the import of seedlings, which are classified as products with a high phytosanitary risk. According to information from the department's press service, every seedling that crosses the country's border undergoes a multi-level inspection, including a detailed examination of documentation and certificates, as well as

03.02.2026, 08:55
Exchange rates for February 3
Economy / Exclusive

Exchange rates for February 3

The National Bank has announced the official exchange rates for the Kyrgyz som as of February 3, 2026. Comparison with the rates that were in effect on January 31, 2026, shows the following changes:

03.02.2026, 08:38
Economy

A consortium to support small and medium-sized businesses is being established in Kyrgyzstan.

By the decree of President Sadyr Japarov, the process of creating a consortium to support small and medium-sized businesses in the country has been initiated. This structure will be a union of government agencies, financial institutions, educational organizations, and international partners, which should contribute to improving the efficiency and transparency of state policy in the field of small and medium entrepreneurship.

03.02.2026, 08:28
Chinese companies invest in the digitization of Kyrgyz cities
Economy

Chinese companies invest in the digitization of Kyrgyz cities

Representatives of the Chinese companies Shanghai Minghou Xufu Business Consulting Management Co., Ltd. and Anté Lingkun (Shanghai) Technology Co., Ltd. held a meeting with Ravshanbek Sabirov, the head of the National Investment Agency. This was reported by the press service of the agency. Photo of the NIA During the discussion, the participants focused on a number of investment initiatives related to the digitalization and modernization of urban infrastructure, including projects in Tokmok.

02.02.2026, 21:37
Economy

The National Bank fined one of the commercial banks in Kyrgyzstan 268,000 soms

According to information provided by the National Bank, a fine was imposed on the bank for non-compliance with mandatory reserves that were to be maintained from December 29, 2025, to January 25, 2026. Typically, the financial regulator does not disclose the name of the financial institution that has been sanctioned. Additionally, from January 31 to February 7, 2026, the license of the exchange office "Obmensiti" LLC, located on Moskovskaya Street in Bishkek, was suspended. Similar

02.02.2026, 17:32