The tax authority and banks discussed the transaction tax
Economy / Exclusive

The tax authority and banks discussed the transaction tax

The State Tax Service of the Kyrgyz Republic held a meeting with representatives of the banking sector and the Union of Banks of the country. The agenda included important changes in tax legislation, including a new special tax regime "Transaction Tax." One of the key issues discussed was the reduction of the tax rate from 0.2% to 0.1%, as provided by the Law of the Kyrgyz Republic adopted on December 31, 2025. Participants of the meeting also discussed joint efforts to implement new

28.01.2026, 13:43
Economy

The National Investment Agency presented projects in the Kyrgyz Republic to a Chinese company to attract investments

- During a meeting held at the National Investment Agency under the President of the Kyrgyz Republic, Ravshanbek Sabirov met with a delegation from the Chinese company Shaanxi Taifaxian Industrial Group Co., Ltd. On the agenda was the potential participation of this company in investment initiatives in the format of public-private partnerships and direct investments, particularly in the construction and energy sectors.

28.01.2026, 13:32
Economy

Deputy: The Tax Service is hindering livestock exporters, debts are increasing

- During the plenary session of the Jogorku Kenesh on January 28, 2026, Aysarkan Abdibaeva reported complaints from livestock exporters about the employees of the Tax Service. She noted that tax obligations for exporters had been canceled; however, the employees of the State Tax Service not only do not help resolve issues but, on the contrary, create additional obstacles for their work.

28.01.2026, 13:27
Fines for Violations in the Halal Industry Introduced in Kyrgyzstan
Economy

Fines for Violations in the Halal Industry Introduced in Kyrgyzstan

Fines will range from 7,500 to 23,000 soms In the Kyrgyz Republic, it is planned to introduce administrative penalties for non-compliance with the norms of legislation in the halal industry. Recently, the relevant changes were discussed at a meeting of the committee of the Jogorku Kenesh responsible for finance, budget, entrepreneurship, and competition development. Sultan Akhmatov, Deputy Minister of Economy and Commerce, noted that the current law "On the Halal Industry in the Kyrgyz

28.01.2026, 13:26
Economy

The Ministry of Construction's tariffs were set unilaterally and increase real estate prices, - speaker of the State Duma

At the plenary session of the Jogorku Kenesh held on January 28, 2026, Speaker Nurlanbek Turgunbek uulu reported that representatives of construction companies have approached him and other members of parliament with a request to address the tariffs set by the Ministry of Construction. According to their statements, the Ministry of Construction sets "whatever tariffs it pleases" without proper coordination. Nurlanbek Turgunbek uulu noted: "Tariffs must be approved by the Cabinet

28.01.2026, 13:24
Economy

A building for the electric grid enterprise has been constructed in Kurshab.

On the territory of the Kurshab rural district in the Uzgen region of the Osh province, the construction of a new building for the "Electric Networks" enterprise has been completed and put into operation. This was reported by Sakhtan Keldibaev, head of the Kurshab rural administration. According to Keldibaev, the new single-story building was constructed on a plot provided by the rural administration, with a total area of 720 square meters. The construction was carried out with the

28.01.2026, 13:18
Economy

The amount that the "Google tax" brought to Kyrgyzstan's budget in 2025 has been announced

According to data published by the Ministry of Finance, from January to December 2025, revenues from the value-added tax on electronic services provided by foreign companies, known as the Google tax, amounted to 1 billion 278.2 million soms. This amount is 568 million 916.8 thousand soms more than in the previous year, 2024. In accordance with the Tax Code, starting from January 1, 2022, all foreign organizations providing electronic services are required to pay VAT at a rate of 12% on the

28.01.2026, 13:11
Economy

Cancellation of service charges in cafes led to a 10-15% increase in dish prices, people are dissatisfied, - speaker of the City Duma

At the meeting of the Jogorku Kenesh, held on January 28, 2026, Speaker Nurlanbek Turgunbek uulu discussed the consequences of abolishing service charges in restaurants and cafes. He noted that many establishments have raised their menu prices by 10-15% in response to changes in legislation. “This does not require any special effort. Owners simply increased the cost of dishes without incurring any losses. As a result, ordinary people are suffering, as they are now forced to pay more for the

28.01.2026, 13:11
EABR: The Implementation Format of the "Kambar-Ata-1" Project May Become Key for Regional Development
Economy / Exclusive

EABR: The Implementation Format of the "Kambar-Ata-1" Project May Become Key for Regional Development

The Eurasian Development Bank emphasizes that the implementation of the Kambar-Ata Hydroelectric Power Plant-1 project can play a central role in strengthening cooperation in the field of water resources and energy in Central Asia. The uniqueness of this project lies in the creation of a trilateral consortium that for the first time unites the interests of Kyrgyzstan, Kazakhstan, and Uzbekistan for the construction of a significant hydraulic engineering facility. The HPP-1 project, with a

28.01.2026, 13:09
Discussion on the opening of air communication between Kyrgyzstan and Georgia
Economy

Discussion on the opening of air communication between Kyrgyzstan and Georgia

During the meeting between the Deputy Minister of Economy and Commerce of Kyrgyzstan, Mederbek Tumanov, and his colleague, the Deputy Minister of Foreign Affairs of Georgia, Alexander Kvtisiashvili, an agreement was reached on further development of intergovernmental economic cooperation. According to the press service of the ministry, the agenda included issues related to preparations for the next meeting of the Intergovernmental Commission on Trade and Economic Cooperation, discussions on

28.01.2026, 12:58
Economy / Exclusive

In Kyrgyzstan, 8 small hydropower plants were put into operation in 2025

In 2025, the construction and commissioning of eight small hydropower plants with a total capacity of 44.59 MW was completed in Kyrgyzstan, as reported by the Ministry of Energy. Among the new facilities, the "Kara-Kul" HPP, owned by JSC "Chakan HPP," stands out, which was officially opened on October 27, 2025, with the participation of President Sadyr Japarov. Currently, JSC "Chakan HPP" is also actively constructing three additional small hydropower plants:

28.01.2026, 12:34
Economy

Europe and Central Asia Enter 2026 with a Slowing Economy

According to the latest report from the World Bank titled "Global Economic Prospects," growth rates in Europe and Central Asia (ECA) are expected to fall to 2.4% in 2025. The main reason for this decline is the worsening situation with private consumption, particularly in Russia, where a tight monetary policy continues to negatively impact economic activity. In the first half of the year, moderate trade growth was observed, mainly due to anticipatory purchases of goods in expectation

28.01.2026, 12:29
Economy

Imports of cheese and cottage cheese from Belarus increased sixfold in the 11 months of 2025.

- According to the information from this agency, from January to November 2025, Kyrgyzstan imported 7,700 tons of cheese and cottage cheese from Belarus, amounting to 6.2 million dollars. This figure is six times higher than the indicators for the same period in 2024, when only 1,300 tons were imported for 5.2 million dollars. In addition to Belarus, cheese and cottage cheese also come to Kyrgyzstan from several other countries: January-November 2025 January-November 2024 Product Group -

28.01.2026, 11:57
EAEU Countries Transition to Unified Rules for Online Sales
Economy

EAEU Countries Transition to Unified Rules for Online Sales

The Eurasian Economic Union (EAEU) is preparing to complete the process of creating a single market for electronic commerce. The Council of the Eurasian Economic Commission (EEC) has approved a draft agreement concerning cross-border electronic trade and sent it to the Union members for the necessary ratification stages. According to the EEC press service, the document is expected to come into force by the end of this year and establish unified, transparent rules for Armenia, Belarus,

28.01.2026, 11:54
Young agricultural specialists from Kyrgyzstan are invited for an internship in Hungary
Economy

Young agricultural specialists from Kyrgyzstan are invited for an internship in Hungary

Specialists in the field of agriculture from Kyrgyzstan have received a unique opportunity to participate in a free educational program at leading universities in Hungary. FAO in Kyrgyzstan has announced the start of the application process for a scholarship program organized by the government of Hungary in collaboration with the Food and Agriculture Organization of the United Nations for the academic year 2026-2027.

28.01.2026, 10:45