Economy

The National Bank will transfer all profits to the budget. The relevant committee approved the bill.

The draft constitutional law titled "On the Issues of Transferring the Profit of the National Bank of the Kyrgyz Republic" was approved by the relevant committee of the Jogorku Kenesh, which deals with finance, budget, entrepreneurship, and competition development. According to the new provision, the National Bank will transfer 100% of its profit to the republican budget after its financial statements have been audited by an independent external auditor. During the discussion of the

02.02.2026, 13:51

Economy

Chart — Gold in Kyrgyzstan has decreased in price following global quotes

- In recent days, there has been a decrease in the prices of gold bullion in Kyrgyzstan. Data from JSC "Kyrgyzaltyn" indicates that quotes have fallen across all weight categories. As of February 2, 2026, the buyback price for a 1-gram bar is 15,216.5 soms, while the selling price is 15,429.5 soms.

02.02.2026, 13:35

Economy

80% of mineral fertilizers in Kyrgyzstan are imported from Uzbekistan, - Ministry of Agriculture

At the meeting of the "Mekenchil" parliamentary group, which took place on January 30, 2026, Kunduzbek Su laymanov, a deputy of the Jogorku Kenesh, raised an important issue regarding Kyrgyzstan's dependence on the import of mineral fertilizers from neighboring countries. The deputy noted that there had previously been an intention to build a plant that was supposed to reduce the need for purchases from Russia and Kazakhstan. Considering this, Sulaymanov asked why the republic

02.02.2026, 13:14

Economy

Business proposes to change the land buyout methodology to avoid the bankruptcy of construction companies. Amendments to the law are being discussed, - Sergey Ponomaryov

On January 30, 2026, a meeting was held in Bishkek organized at the request of President Sadyr Japarov, where the business community gathered representatives from government agencies. This was reported by Sergey Ponomarev, president of the Association of Markets, Trade Enterprises, and Services, in an interview with Tazabek. The event was attended by Bishkek Mayor Aibek Junushaliev, Minister of Construction Nurdin Oruntaev, and other municipal representatives. The main topics of discussion

02.02.2026, 13:07

Economy

Cafes and restaurants promised to "optimize" prices on dishes, but only for takeout orders

A round table was held at the Antimonopoly Service with the participation of owners of public catering establishments Owners of cafes and restaurants announced their intention to reduce prices by 10% for takeout orders. This information was announced by representatives of the Antimonopoly Regulation Service under the Ministry of Economy and Commerce. At the round table organized by the agency, the implementation of a law prohibiting service charges in public establishments was discussed.

02.02.2026, 12:50

Economy

The pastures of Suusamyr evaluated using a new methodology

In Kyrgyzstan, a new methodological guide has been developed for the rapid assessment of pasture conditions. This was reported by Natalia Kilyazova, head of the pasture and feed department at the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, which is subordinate to the Ministry of Water Resources, Agriculture, and Food Processing Industry. This methodology was created in collaboration with the Institute of Pastures and Forages, as well as the Veterinary Service of

02.02.2026, 12:43

Economy

A Third of All Taxes. VAT Revenues to the Budget Increased in Kyrgyzstan

According to information provided by the Ministry of Finance, in 2025, the budget of Kyrgyzstan was supplemented by 164 billion soms from the value-added tax (VAT). Of this amount, 43.8 billion soms came from VAT on goods and services produced in the country, 49.4 billion soms was from VAT on imported goods from EAEU countries, 67.5 billion soms came from goods from third countries, 1.2 billion soms were revenues from VAT on electronic services provided by foreign companies, and 1.9 billion

02.02.2026, 12:34

Economy

The Audit Chamber Revealed Financial Violations in the Ministry of Transport

According to the results of the audit conducted by the Accounts Chamber of the Kyrgyz Republic in 2024, both financial and procedural violations were identified in the activities of the Ministry of Transport and Communications. The ministry's press service reported that the audit covered the implementation of the republican budget, as well as the activities of the ministry and its subdivisions, including subordinate state enterprises. As a result of the audit, prescriptions and

02.02.2026, 12:16

Economy

Kyrgyzstan Secured Duty-Free Import of Sugar and Cocoa Until 2027

At a meeting of the Eurasian Economic Commission (EEC) Council in Moscow, a number of strategic decisions were approved that promise to be a significant boost for the agricultural sector of Kyrgyzstan. One of the main achievements of the delegation, led by First Deputy Prime Minister Daniyar Amangeldiev, was obtaining a tariff concession for the import of 20,000 tons of raw cane sugar. This initiative, effective until the end of 2026, will allow domestic factories to operate at full capacity

02.02.2026, 12:13

Economy

The LDPR Initiative May Strike a Blow to Kyrgyzstani Tailors

Leonid Slutsky, head of the LDPR party, proposed to introduce VAT on imported light industry goods if there are local analogues available in the Russian market. Although this initiative is aimed at combating Western and Asian brands, it could also negatively impact countries within the Eurasian Economic Union, including Kyrgyzstan.

02.02.2026, 12:02

Economy

The composition of flour imported from Russia and Kazakhstan raises questions, - deputy

Deputy Aisarakan Abdibaeva, on January 30, 2026, at a meeting of the "Mekenchil" deputy group, addressed the Ministry of Agriculture with a question about how capable Kyrgyzstan is of independently providing itself with basic food products. Deputy Minister of Agriculture Zhanibek Kerimaliev responded that the republic is able to fully provide itself with six out of nine socially significant goods, while for three items the level of self-sufficiency is only 50%.

02.02.2026, 11:51

Economy

A consortium of institutions to support small and medium-sized enterprises has been established

In order to improve support for entrepreneurship in the Kyrgyz Republic, President Sadyr Japarov signed a decree to create a consortium of institutions specializing in assistance to small and medium-sized enterprises. The main task of the consortium will be to unite the efforts of government structures, financial institutions, educational organizations, and international partners to enhance the effectiveness and transparency in the field of business support, as provided for in Articles 66 and

02.02.2026, 11:49

Economy

"Why Shablovsky's Kyrgyz Technologies Are Being Sought After Worldwide"

On February 1, Kubanychbek Kulov, the former director of the Kyrgyz Scientific Research Institute of Irrigation, celebrates his 75th birthday. In his reflections, he touches upon one of the most pressing issues of the 21st century — the melting of glaciers and the future of the country's water resources. Kulov also expresses his recognition of 80-year-old Vitaly Shablovsky, a "phenomenon," whose developments in the field of water resource management automation are in demand both

02.02.2026, 11:44

Economy

In the lower zone of the Sokuluk district, there is a shortage of irrigation water. The State Agency for Water Resources named the reason.

- During the meeting, member of the Jogorku Kenesh Abdyldabek Egemberdiev raised the issue of the lack of irrigation water in the lower part of the Sokuluk district on January 30, 2026. According to him, previously the villages of Nizhnechuyisk, Kamyshanovka, and Zhany-Pakhta did not experience such difficulties. However, recently the situation has changed, and the water shortage has led to conflicts among residents, even resulting in physical confrontations. Egemberdiev noted that the lower

02.02.2026, 11:42

Economy

Kirill Khomyakov: The KR Can Become the Crypto Hub of the Region if It Maintains the Reform Pace

, Maxim POLETAEV Kirill Khomyakov, who is the regional director of Binance for Central and Eastern Europe, as well as Central Asia and Africa, shared in an exclusive interview with 24.kg the reasons why Kyrgyzstan has become one of the company's priorities, explained what cryptocurrency is in simple terms, offered advice for newcomers to avoid becoming victims of fraud, and discussed ideas for implementing a digital som in the country. Photo 24.kg Reference 24.kg Binance is the largest

02.02.2026, 11:37

Economy

"Risks for the Entire Economy". Business Appeals to the President Over the Reinsurance Project

The National Alliance of Business Associations (NABA) has sent an appeal to President Sadyr Japarov on behalf of entrepreneurs, as well as to the Cabinet of Ministers, the Ministry of Economy and Commerce, and the Financial Market Regulation and Supervision Service. This letter expresses concern regarding the draft resolution that proposes appointing the State Insurance Organization (GSO) as the national operator for reinsurance. Kaktus.media provides the full text of the appeal:

02.02.2026, 11:35

Economy

After the Gold Price Collapse, Kyrgyzstanis Rush to Sell Bars to "Kyrgyzaltyn"

Citizens are concerned about their savings According to reports from social media, due to the sharp decline in gold prices on the international stage, long lines have formed at the "Kyrgyzaltyn" store with people wishing to sell their gold bars.

02.02.2026, 11:31

Economy

Monitoring of the development of transport corridors will continue in the EAEU countries

The Eurasian Economic Commission (EEC) has approved the annual report, which presents an analysis of the implementation of measures aimed at developing the infrastructure of railways, highways, and ports within the framework of the Eurasian transport corridors. According to Arzybek Kozhoshev, the Minister of Energy and Infrastructure, the conducted research allows us to assert that the member states of the EAEU, together with the EEC, are actively working on the development of the

02.02.2026, 11:14

Economy

In the cabinet, farmers are urged to use carbomint for high yields

At a meeting with farmers at the planting fields of the "Kyrgyzmamasyltukum" factory, Minister of Agriculture Bakyt Torobaev discussed the advantages of the mineral fertilizer carbomint for increasing yield. This information was provided by the Ministry of Water Management and Agriculture. The minister noted that winter wheat was sown on an area of 50 hectares in compliance with all agronomic standards. Before sowing, a soil analysis was conducted, which revealed a deficiency of key

02.02.2026, 11:13

Economy

The Cabinet of Ministers will approve new financial guarantees for investors in special zones

The Cabinet of Ministers of the Kyrgyz Republic has presented a draft of a new resolution for public discussion. This document includes a list of financial obligations related to priority sectors of the economy and social sphere, as well as regulates the procedure for their provision for territories with special investment conditions. The basis for this document consists of Article 63 of the Budget Code and the laws on "Investments," "Status of Batken Region," and

02.02.2026, 11:11

Economy

Which currency has appreciated in commercial banks? Exchange rate as of February 2nd

The National Bank of Kyrgyzstan presented the exchange rates for February 2 as follows: The dollar remained at the same level, while the euro continues to lose value. At the same time, the Russian ruble has strengthened.

02.02.2026, 11:10

Economy

Market Crash. How Much the Gold Bars of the National Bank of Kyrgyzstan Have Lost in Value

Photo of the National Bank of the Kyrgyz Republic. Gold bullion bars At the end of last week, there was a sharp crash in the international precious metals market, which became one of the most significant in recent times. The total capitalization of the sector fell by more than $7 trillion in just 36 hours. The price of gold, usually considered a reliable asset, decreased by 13.6 percent, causing the price per ounce to drop below $4,900, which led to a reduction in the capitalization of this

02.02.2026, 10:35

Economy

"Rosatom to Implement 3D Printing in Kyrgyzstan's Hydropower Industry"

In the capital of Kyrgyzstan, Bishkek, an important agreement was signed regarding the implementation of additive technologies in the country's renewable energy sector. This was reported by the State Corporation "Rosatom".

02.02.2026, 10:29

Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 2

Information is collected from the official websites of commercial banks. For clarification of information, it is recommended to contact the banks directly. Data is current as of the time of publication. Exchange rates may change during the working day. The official exchange rate of the National Bank of the Kyrgyz Republic and currency rates in exchange offices in Bishkek are available here.

02.02.2026, 10:26