Gazeta.kg — News of Kyrgyzstan and Bishkek Today
Economy

Kyrgyzstan and China Discussed Cooperation in the Field of Peony Cultivation and the Agro-Industrial Complex

- On January 26, 2026, a meeting was held at the Ministry of Water Resources, Agriculture, and Processing Industry with representatives from the Heze Peony Development Service Center (China), attended by Deputy Minister Bekten Bekbolotov. The Heze Peony Development Service Center (菏泽市牡丹发展服务中心) is a center specializing in the development of peony cultivation in the Chinese city of Heze, which is known as the largest global producer and processor of peonies.

27.01.2026, 10:42
Economy

Dastan Uraanov appointed Deputy Director of the Department of Urban Planning and Architecture

- Dastan Talantbekovich Uraanov has become the new deputy director of the Department of Urban Planning and Architecture under the Ministry of Construction, Architecture, and Housing and Communal Services of the Kyrgyz Republic. The order for his appointment was signed by the Minister of Construction and Architecture Nurdan Oruntaev. This position was previously held by the current director of the department, Daniyar Bapyshov.

27.01.2026, 10:39
Exchange rates in commercial banks of Kyrgyzstan as of January 27
Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 27

Information about currency exchange rates has been collected from the official websites of commercial banks. If you need to clarify any information, it is recommended to contact the banks directly. This information is current as of the time of publication. All listed rates pertain to cash currency exchange and may change throughout the day. The official rates of the National Bank of the Kyrgyz Republic and the exchange rates in Bishkek can be found here.

27.01.2026, 10:33
Economy

The Ministry of Agriculture is conducting an inventory of wells across the country

- During the meeting between Deputy Chyngyz Ajibaev and Deputy Director of the Water Resources Service under the Ministry of Water Resources, Agriculture, and Processing Industry Abdybai Zhayloobaev, important issues were discussed. The press service of the Jogorku Kenesh reported on this event. The main focus of the meeting was on analyzing the current situation with water resources in the country, as well as the prospects for the development of the irrigation sector and the implementation of

27.01.2026, 10:12
Economy

The National Bank explained what influenced the rise in prices and inflation in Kyrgyzstan

The National Bank of Kyrgyzstan, in its decision dated January 26, confirmed the key interest rate at 11%, which will take effect from the 27th. This statement was made by the financial regulator. Economic IndicatorsAccording to information from the National Bank, the country's economy is demonstrating high growth rates, with real GDP increasing by 11.1% by the end of 2025. The main factors contributing to this growth are the construction sector and services. Investments in fixed capital

27.01.2026, 10:03
Economy

The Social Fund's Budget Will Stabilize by 2028 — Forecast

- In the medium term, for the years 2027-2028, the budget of the Social Fund shows a positive trend: the growth of revenues and expenditures will lead to a decrease in their share of GDP, while the deficit will reach minimal values. These conclusions are based on data presented in the appendix to the law on the budget of the Social Fund.

27.01.2026, 09:57
Economy

The GNS identifies the fraudulent issuance of electronic invoices.

The Tax Service of Kyrgyzstan has reported the detection of cases involving the issuance of electronic invoices without the presence of real economic transactions. This information was provided by the agency's press service. According to the State Tax Service, such violations are discovered during analytical work using a risk-oriented approach and modern digital technologies.

27.01.2026, 09:47
Economy

In the 11 months of 2025, potato exports to Uzbekistan decreased by 2.2 times

- From January to November 2025, Kyrgyzstan exported 26 thousand tons of potatoes to Uzbekistan, amounting to $2.4 million. This is a significant decrease compared to the same period in 2024, when the export volume reached 57 thousand tons and was valued at $5.9 million. In addition to Uzbekistan, potatoes were also exported to several other countries, as shown in the table below: January-November 2025 January-November 2024 Commodity Group - Country Quantity in tons Thousands of dollars

27.01.2026, 09:40
In Uzbekistan, mahallas will become owners of solar power plants
Economy

In Uzbekistan, mahallas will become owners of solar power plants

At the meeting on January 23, President Mirziyoyev announced ideas for implementing a "social contract" system in "difficult" mahallas. This initiative implies that state support for infrastructure will depend on the activity of local residents. One of the key aspects of this plan will be the "solar reform": each of the 903 most vulnerable mahallas will receive a 300 kW solar power station free of charge. It is expected that such an installation will provide the

27.01.2026, 09:17
Entrepreneurs of Kyrgyzstan Demand the National Bank to Stop Financial Dictatorship
Economy

Entrepreneurs of Kyrgyzstan Demand the National Bank to Stop Financial Dictatorship

A group of entrepreneurs from Kyrgyzstan, working with various commercial banks, has sent a letter to the editorial office of VB.KG, expressing their dissatisfaction with the high fees charged by financial institutions. The business community has prepared a collective letter to the leadership of the National Bank of Kyrgyzstan, demanding a review of the tariff policy, specifically to cancel or significantly reduce the fees for transfers to settlement accounts.

27.01.2026, 09:13
Korea to Help Kyrgyzstan Modernize Irrigation and Build "Smart Villages"
Economy

Korea to Help Kyrgyzstan Modernize Irrigation and Build "Smart Villages"

The Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan has signed a memorandum of understanding with the Korean Rural Community Corporation (KRC). This step is aimed at attracting Korean technologies and investments into the country's agricultural sector, as reported by the ministry's press service. According to the information, the cooperation will focus on the implementation of modern Korean technologies in the management of water and land resources in

27.01.2026, 09:10
The National Bank of Kyrgyzstan has maintained the discount rate at 11%
Economy / Exclusive

The National Bank of Kyrgyzstan has maintained the discount rate at 11%

On January 26, 2026, the Board of the National Bank of the Kyrgyz Republic decided to keep the key policy rate at 11.00%. This decision will take effect on January 27, 2026. Deputy Chairman of the National Bank Azat Kozubekov announced this at a briefing held in Bishkek. According to him, the country's economy continues to demonstrate high growth rates. By the end of 2025, real GDP increased by 11.1%. The main factors contributing to this growth are the construction sector and services.

27.01.2026, 08:51
The Kyrgyz Cabinet found 37 million euros to save the BChK from drying up
Economy

The Kyrgyz Cabinet found 37 million euros to save the BChK from drying up

Kyrgyzstan is on the verge of implementing a strategically important project aimed at addressing the acute shortage of irrigation water. Bakyt Torobaev, Deputy Chairman of the Cabinet of Ministers and Minister of Water Resources, announced that negotiations with the European Bank for Reconstruction and Development (EBRD) regarding the modernization of the Large Chui Canal (LCC) have been completed.

27.01.2026, 08:51
Economy

Kyrgyzstan Remains a Leader in the EAEU in Retail Trade Growth

According to recent data, from January to November 2025, the total retail trade volume in the EAEU countries increased by 3.3% compared to the same period last year. This information was provided by the Eurasian Economic Commission. The most significant growth was recorded in Kyrgyzstan, where the figure increased by 22.6%. In Kazakhstan, the growth was 7.3%, in Belarus — 7.1%, in Armenia — 6.3%, and in Russia — 2.5%.

27.01.2026, 08:35
Economy

The trade turnover between Kyrgyzstan and Azerbaijan reached $10 million

At the meeting of the parliamentary committee on international affairs, it was reported that in 2025, the trade volume between Kyrgyzstan and Azerbaijan reached $10 million. This was stated by the Extraordinary and Plenipotentiary Ambassador of Kyrgyzstan, Maksat Mamytkanov. During the meeting, the deputies reviewed the committee's report on its activities for the past year.

27.01.2026, 08:34
The World Bank confirmed support for energy projects in Kyrgyzstan
Economy / Exclusive

The World Bank confirmed support for energy projects in Kyrgyzstan

On January 26, a meeting took place in the capital of Kyrgyzstan, Bishkek, between the Minister of Energy Talaybek Ibraev and Najy Benhassin, the Regional Director of the World Bank for Central Asia. The discussion focused on both the current state and future prospects for the implementation of joint projects in the energy sector.

27.01.2026, 08:28