Banks of Kyrgyzstan Increased Assets to 1 Trillion Soms
Economy / Exclusive

Banks of Kyrgyzstan Increased Assets to 1 Trillion Soms

The National Bank of Kyrgyzstan reported stable growth in the banking sector across key indicators. As of November 30, 2025, there are 21 commercial banks and 306 of their branches operating in the country. Since the beginning of the current year, bank assets have increased by 44.9%, amounting to 1 trillion 181.8 billion soms.

22.01.2026, 17:43
Three new hydropower plants will be built in Kyrgyzstan
Economy

Three new hydropower plants will be built in Kyrgyzstan

The project will be fully financed by a private investor without government participation As part of the creation of the Kazarman cascade of hydroelectric power stations in Kyrgyzstan, the construction of three new facilities will begin. On August 2, 2025, an investment agreement was signed between the Cabinet of Ministers of the Kyrgyz Republic and the Open Joint Stock Company "Central Asian Investment Holding" for the implementation of this project.

22.01.2026, 17:35
The Ministry of Finance and the World Bank Discussed Increasing Transparency in Public Procurement
Economy / Exclusive

The Ministry of Finance and the World Bank Discussed Increasing Transparency in Public Procurement

The meeting, held on January 22 at the Ministry of Finance, brought together Deputy Minister of Finance U. Kalenderov and World Bank Procurement Regional Manager F. Goya. During the discussion, the main focus was on modernizing the public procurement system, as well as measures aimed at increasing transparency, efficiency, and competitiveness of the procedures.

22.01.2026, 17:23
Economy

Infographic — Fuel Prices in Kyrgyzstan Have Decreased

- In the Kyrgyz Republic, a decrease in average prices for fuel and lubricants has been recorded, according to data from the National Statistical Committee's price monitoring. As a result of the price analysis for the period from January 15 to January 21, 2026, the price of AI-95 gasoline decreased from 80.83 soms per liter on January 15 to 79.49 soms on January 21, which is a reduction of 1.34 soms.

22.01.2026, 16:47
Economy

Turkey has increased investments in the economy of Kyrgyzstan

According to the latest data, from January to September 2025, the volume of Turkish investments in the economy of Kyrgyzstan increased by 95.5% compared to the same period in 2024. This information was obtained from an analysis of reports by the National Statistical Committee. In nine months, direct foreign investments from Turkey to Kyrgyzstan amounted to $139.5 million.

22.01.2026, 16:22
In Kyrgyzstan, the inspection of businesses for the use of cashless payments has been suspended
Economy / Exclusive

In Kyrgyzstan, the inspection of businesses for the use of cashless payments has been suspended

The State Tax Service of the Kyrgyz Republic informs about the suspension of raid control and inspections regarding compliance with tax legislation requirements related to the use of payment equipment. This concerns tools such as POS terminals, electronic wallets, and QR codes used by small and medium-sized businesses. The relevant statement was made by the press service of the agency. This decision also covers the requirements for the use of a special bank account for conducting business

22.01.2026, 16:20
The village government is once again purchasing goods for schools and kindergartens: centralized procurement has failed.
Economy

The village government is once again purchasing goods for schools and kindergartens: centralized procurement has failed.

The deputy addressed the Ministry of Finance with a request to resolve supply issues for educational institutions At a meeting of the Jogorku Kenesh, Temirlan Aitiev raised an important issue regarding the difficulties associated with the procurement of equipment, furniture, and other necessary items for schools and kindergartens after these powers were transferred to the Ministry of Finance.

22.01.2026, 16:06
Economy

The authorities announced the size of Kyrgyzstan's national debt

As of November 30, 2025, the amount of Kyrgyzstan's national debt reached $8 billion 850.12 million. This data was provided by the Ministry of Finance. The largest portion of the domestic debt, amounting to $3 billion 527.41 million (99%), is accounted for by loans from long-term securities. The external debt significantly includes loans from the Export-Import Bank of China, which totals $1 billion 499.61 million (28.4%).

22.01.2026, 15:57
Economy

The Jogorku Kenesh adopted a bill to abolish tenders in six areas

Today, January 22, three readings of the draft law on public procurement took place in the Jogorku Kenesh. The initiator of this document was the Chairman of the Cabinet of Ministers. Minister of Economy and Commerce Bakyt Sydykov presented information about the draft law, emphasizing that the new provisions are aimed at simplifying and optimizing the public procurement process. An important innovation was the introduction of the concept of a state assignment, which will allow the government to

22.01.2026, 15:50
The State Duma approved amendments to the law on public procurement
Economy / Exclusive

The State Duma approved amendments to the law on public procurement

At a recent meeting of the Jogorku Kenesh, deputies approved a draft law concerning amendments to the Law of the Kyrgyz Republic "On Public Procurement." This decision was made in three readings. The Minister of Economy and Commerce, Bakyt Sydykov, emphasized that the aim of the proposed changes is to simplify and optimize public procurement procedures. The new draft law introduces the concept of a state assignment, which is of great importance for the implementation of key tasks

22.01.2026, 15:43
Economy

After the amendments, the Law on Public Procurement may turn into the Law on State Orders — Bekeshev

The Deputy Opposed the Provision Allowing State Companies to Transfer Up to 50% of Work to Subcontractors Dastan Bekeshev, a deputy of the Jogorku Kenesh, expressed serious concerns regarding one of the proposed amendments to the Law on Public Procurement. He criticized the initiative that suggests state enterprises will be able to transfer up to 50% of their work to subcontracting organizations. In Bekeshev's opinion, such a practice could lead to an increase in corrupt schemes and a

22.01.2026, 15:24
Paid services in 2025 increased by 11.2 percent. What became more expensive the most
Economy

Paid services in 2025 increased by 11.2 percent. What became more expensive the most

Photo from the internet. According to the World Bank's forecast, inflation in Kyrgyzstan will slightly slow down in 2026 to 6.5 percent In 2025, Kyrgyzstan faced rising inflation, leading to an 11.2 percent increase in prices for paid services. According to the Ministry of Economy and Commerce, this sector influenced the overall inflation rate, which amounted to 9.8 percent, contributing 1.9 percent to this figure. Among the services that increased the most in price, the following can be

22.01.2026, 15:23
Uzbekistan is getting rid of junk cars. Will Bishkek follow this example?
Economy

Uzbekistan is getting rid of junk cars. Will Bishkek follow this example?

Starting from February 1, 2026, new measures will come into effect in Uzbekistan that completely prohibit the operation and registration of vehicles older than 50 years. The Ministry of Justice of the republic has officially announced that such cars will be automatically removed from the state registry. In addition, a system of specialized license plates will be introduced for heavy machinery, quarry vehicles, legal taxis, and certified antiques. The vehicle registration process will become

22.01.2026, 15:22
Economy

The Cabinet approved the regulation on working with budget loans

The Cabinet approved a new regulation regarding the management of budgetary loans, as reported by the government's press service. The signing of the relevant resolution took place under the leadership of the Chairman of the Cabinet of Ministers Adylbek Kasymaliev. This initiative was developed to ensure state support through budgetary lending, which is necessary to stimulate sustainable economic growth, develop key sectors of the economy, improve life support infrastructure and utility

22.01.2026, 15:05
Economy

The Ministry of Economy Explained the Reasons for the Decline in Kyrgyzstan's Foreign Trade

According to the Ministry of Economy's report, from January to November 2025, the volume of Kyrgyzstan's foreign economic activity amounted to $14 billion, which is a decrease of 12.2% compared to similar indicators in 2024. In the structure of foreign trade, exports accounted for 18.5%, while imports reached 81.5%. The agency indicated that the main factor for the decline in foreign trade was the reduction in export volumes.

22.01.2026, 15:01
Economy

Kyrgyzstan Increased Car Imports in 2025. Where Did They Import the Most From?

According to information from the National Statistics Committee, from January to November 2025, Kyrgyzstan imported 127,140 passenger cars, amounting to $992.7 million. The main supplying countries were South Korea (53,293 units), China (45,673), the USA (9,139), Japan (4,459), and Russia (3,759). For comparison, during the same period in 2024, the country received 125,830 passenger cars worth $1.6 billion. Photo on the main page: Andrey Epikhin / TASS.

22.01.2026, 14:30
Crop losses, livestock growth. How farmers in Kyrgyzstan finished the year 2025
Economy

Crop losses, livestock growth. How farmers in Kyrgyzstan finished the year 2025

Photo by the Ministry of Water Resources, Agriculture, and Food Processing Industry. Harvesting in Kyrgyzstan In 2025, the gross output produced by farmers in Kyrgyzstan amounted to 459.7 billion soms. This is 2.2 percent higher than in 2024, according to information from the Ministry of Economy and Commerce, citing data from the National Statistical Committee. The main contribution to the positive changes came from livestock, which increased by 4 percent, while crop production showed only a

22.01.2026, 14:21
Economy

Trade between Kyrgyzstan and China reached a record amount by the end of 2025

According to data presented by the General Administration of Customs of China, the total trade volume between Kyrgyzstan and China from January to December 2025 amounted to $27 billion 198.9 million. Of this volume, exports from China totaled $21 billion 974.5 million, while Kyrgyzstan's exports amounted to $5 billion 224.3 million. It is important to note that Kyrgyzstan exported non-monetary gold worth $4.9 billion, which is related to the re-export of gold from Russia, as previously

22.01.2026, 14:16
In Kyrgyzstan, the rules for issuing budget loans are changing – details
Economy / Exclusive

In Kyrgyzstan, the rules for issuing budget loans are changing – details

The Cabinet of Ministers of Kyrgyzstan has approved a new Regulation regarding the procedure for working with budgetary loans. The decree was signed by the Prime Minister Adylbek Kasymaliev. The document was developed with the aim of providing state support through the mechanism of budgetary lending. This is necessary to ensure sustainable economic growth, the development of various sectors, the modernization of infrastructure and utility systems, as well as to strengthen the food, energy, and

22.01.2026, 14:14
Banks were offered 10.4 billion soms in budget deposits
Economy / Exclusive

Banks were offered 10.4 billion soms in budget deposits

The Ministry of Finance has announced a new auction for placing temporarily free budget funds in commercial banks. According to the information contained in the official document, the auction is scheduled for January 22, 2026, in accordance with the General Agreement signed on January 14, 2026, under number 10-3/1.

22.01.2026, 14:09