Economy

New Certification Requirements: The Cabinet of Ministers Changes the Procedure for Registering Declarations

The Cabinet of Ministers has presented for public discussion a draft resolution concerning changes to the procedure for registering declarations that confirm compliance with the requirements of the technical regulations of the Eurasian Economic Union (EAEU). The proposed amendments, which will come into effect in February 2025, aim to simplify the process of registering declarations, as well as to enhance the transparency and quality of the work of accredited certification bodies.

19.01.2026, 17:04
Economy

The deputy requests to increase the amounts of loan payments for including citizens in the blacklist.

At the meeting of the committee on finance, budget, entrepreneurship, and competition development held on January 19, Mamataliyev noted that many citizens of Kyrgyzstan take consumer loans for amounts up to 100,000 soms. He emphasized that sometimes people are unable to repay a small part of the loan on time, which leads to them being placed on a blacklist. According to the deputy, those whose debt exceeds 10,000 soms are included in the list. "Shouldn't we raise this threshold to

19.01.2026, 16:27
Economy

The Housing Committee approved amendments to the law "On Investments" in the first reading.

- At the meeting of the Committee of the Jogorku Kenesh on Finance, Budget, Entrepreneurship, and Competition Development on January 19, 2026, the deputies reviewed and approved in the first reading the draft law "On Amendments to the Law on Investments in the Kyrgyz Republic." Choro Seyitova, the First Deputy Minister of Economy and Commerce, reported that the purpose of this draft law is to eliminate legal discrepancies that arose after the adoption of the main law in 2025.

19.01.2026, 16:21
Significant Growth of Kyrgyzstan's Economy — Bakyt Torobaev Discussed Reforms with the IMF
Economy

Significant Growth of Kyrgyzstan's Economy — Bakyt Torobaev Discussed Reforms with the IMF

Photo of the Cabinet of Ministers of the Kyrgyz Republic. Bakyt Torobaev (left) and Farid Talashly At a meeting with the permanent representative of the International Monetary Fund (IMF) Farid Talashly, Bakyt Torobaev, Deputy Prime Minister and Minister of Water Resources, Agriculture and Processing Industry, reported that over the past three years, the average growth of Kyrgyzstan's Gross Domestic Product (GDP) was 9 percent. During the discussion, the parties touched upon the results of

19.01.2026, 16:16
Economy

In Bishkek, 28,000 smart meters were installed starting from the beginning of 2025.

As part of the reform and digitalization of the energy system, the Bishkek Electric Networks Enterprise, a branch of JSC "NESC," continues to implement automated systems for commercial accounting of electric energy (ASCUE). The information is provided by the press service of the Bishkek Electric Networks. Since the beginning of 2025, 28,000 smart meters have been installed in various districts of the capital:

19.01.2026, 16:15
Economy

The amount of the minimum subsistence level in Kyrgyzstan has been announced

According to the National Statistics Committee, the minimum subsistence level for the entire population of Kyrgyzstan in 2025 amounted to 8,697.32 soms. In particular, for working-age citizens, this figure was 9,738.29 soms, for pensioners — 7,699.36 soms, and for children — 7,379.07 soms per month. The minimum subsistence level reflects the minimum income level necessary to meet a person's basic needs, including food, housing, clothing, and medical services.

19.01.2026, 15:50
Economy

Russia proposes to increase the import customs duty on elevators in the EAEU from 0% to 5%

- Russia is initiating an increase in the import customs duty on elevators for EAEU countries from 0% to 5% of their customs value. The information was published on January 14 on the official EAEU portal. In the Eurasian Economic Commission, it was clarified that this measure concerns elevators with electric control that provide a cabin speed of more than 2 m/s and are classified under code 8428 10 200 1 of the EAEU Customs Tariff.

19.01.2026, 15:46
The Cabinet of Ministers proposes to shorten the storage period of negative credit history
Economy

The Cabinet of Ministers proposes to shorten the storage period of negative credit history

Currently, a positive credit history is maintained for 7 years, while a negative one is kept for 5 years. In Kyrgyzstan, changes are planned to be made to the legislation regarding the retention periods of information on credit debts and delinquencies. Currently, negative information is stored for 5 years; however, after the amendments are made, this period will be reduced to 3 years. The corresponding draft law is being considered in its first reading in the committee of the Jogorku Kenesh

19.01.2026, 15:17
Economy

The deputy is inquiring about how many fraudulent investors have been recorded in Kyrgyzstan over the past 5 years.

On January 19, 2026, at a meeting of the Committee of the Jogorku Kenesh dedicated to finance, budget, entrepreneurship, and competition, Deputy Kamila Talieva raised the issue of the number of fraudulent investors that have been recorded in Kyrgyzstan over the past five years. She emphasized that this information has already been discussed in various media and requested an open clarification on the matter.

19.01.2026, 15:15
Mutual trade of Kyrgyzstan with EAEU countries increased by 1.3%
Economy / Exclusive

Mutual trade of Kyrgyzstan with EAEU countries increased by 1.3%

From January to November 2025, the total volume of foreign and mutual trade of the Kyrgyz Republic amounted to 14 billion US dollars, which is 12.2% lower than in the same period of 2024. This was stated by Baktybek Kudaybergenov, chairman of the National Statistical Committee. According to his information, export deliveries decreased by 43.5%, while imports increased by 0.5%.

19.01.2026, 14:59
Economy

The EFSR Named Conditions for Slowing Price Growth in Kyrgyzstan

According to the economic growth forecast for Kyrgyzstan for 2026-2028, presented by the Eurasian Fund for Stabilization and Development (EFSD), a slowdown in inflation may be achieved through a reduction in instability in international markets and a tightening of monetary policy. Fund analysts point to the likelihood of persistent inflationary pressure in the country over the next three years. This is linked to regular increases in electricity tariffs, as well as high prices for food products

19.01.2026, 14:51
Economy

HoReCa Awards 2025. Who Became the Best in the Food and Hospitality Industry?

On January 15, 2026, an important event for the hospitality industry of Kyrgyzstan took place in Bishkek — the HoReCa Awards 2025 ceremony. The event gathered over 600 participants, including leading specialists from the catering, restaurant business, and hotel services, which underscores the significance of this award for the development of the HoReCa community in the country. The general sponsor of the award was JSC "Eldik Bank," and among the official partners were: "Zakup

19.01.2026, 14:34
Economy

The Ministry of Economy proposes to shorten the storage period of Kyrgyz citizens' credit histories.

The Ministry of Economy and Commerce of Kyrgyzstan has presented amendments to the Law "On the Exchange of Credit Information." This project was discussed at a meeting of the committee of the Jogorku Kenesh, which is responsible for finance, budget, entrepreneurship, and competition development. As part of the proposed bill, it is planned to change the retention periods for credit information:

19.01.2026, 14:29
The National Bank fined a commercial bank
Economy / Exclusive

The National Bank fined a commercial bank

As a result of the inspection, the National Bank imposed a fine on one of the commercial banks in the country. According to the regulator, the amount of the fine was 55,000 soms. This penalty was imposed due to violations of the legislation of the Kyrgyz Republic and the regulatory acts of the National Bank.

19.01.2026, 14:02
Economy

Illegal Attempt to Import Kumys from Russia to Kyrgyzstan

At the veterinary control checkpoint "Ak-Tilek," located in the Chuy region, an attempt to illegally import 15,600 liters of kumis from the Russian Federation was discovered. The cargo was sent back. Inspectors conducting the inspection noticed that the product packaging lacked a production date, which violates the veterinary and sanitary standards of the Kyrgyz Republic.

19.01.2026, 13:48
The average salary in Kyrgyzstan reached nearly 43,000 soms
Economy / Exclusive

The average salary in Kyrgyzstan reached nearly 43,000 soms

According to data presented by Baktybek Kudaybergenov, the head of the National Statistical Committee, the average nominal monthly salary in Kyrgyzstan from January to November 2025 amounted to 42,954 soms. He noted that this figure is 19.1% higher than the corresponding indicator for 2024. The largest increase in income is observed in sectors such as real estate transactions, construction, healthcare, information and telecommunications services, as well as in social services, professional,

19.01.2026, 13:46
State Insurance may be designated as the national operator for reinsurance
Economy / Exclusive

State Insurance may be designated as the national operator for reinsurance

The Ministry of Economy and Commerce of the Kyrgyz Republic has presented a draft resolution for public discussion, according to which the open joint-stock company "State Insurance Organization" (Gosstrakh) may be appointed as the national operator for reinsurance. The main objective of this project is to create a national reinsurance capacity, which will enhance the reliability of the insurance market and the financial stability of insurance companies, as well as protect the

19.01.2026, 13:45
Economy

Authorities reported what became most expensive in Kyrgyzstan in 2025

According to information provided by the chairman of the National Statistics Committee, Baktybek Kudaybergenov, at a press conference in Bishkek, the level of consumer prices and tariffs in the country increased by 9.4% during 2025 compared to December 2024. The highest price increases were observed for fruits, fish, vegetable oil, potatoes, meat, vegetables, butter, dairy products, as well as flour and sugar.

19.01.2026, 13:43
Economy

Kyrgyzstan entered the top 3 countries whose citizens are starting businesses in Russia

According to data from analysts at the Rusprofile service, in 2025, the number of foreign citizens registering businesses in Russia increased compared to the previous year. It should be noted that the presented study does not take into account individual entrepreneurs whose founders or co-founders are foreign individuals or legal entities. “Last year, 8,932 legal entities with foreign founders were registered. Currently, there are 66,202 companies with foreign participation operating in

19.01.2026, 13:42
Economy

Almost every 7th request for an examination of project documentation in the Ministry of Construction is returned for revision.

- From January to November 2025, the Ministry of Construction received 1863 requests, which is 6% higher than the number of inquiries during the same period in 2024, where 1755 requests were recorded, according to the agency's report. Of the total number of requests in 2025, 1401 objects have already received conclusions, 184 documents are in progress, and 278 requests have been sent back for revision. Parameters January - November 2025 Total received 1863 Of which: Individual housing

19.01.2026, 13:13
The GDP of Kyrgyzstan for 2025 amounted to over 1.9 trillion soms
Economy / Exclusive

The GDP of Kyrgyzstan for 2025 amounted to over 1.9 trillion soms

According to preliminary data, the gross domestic product of Kyrgyzstan for the period from January to December 2025 amounted to over 1.9 trillion soms. This figure is 11.1 percent higher than in the same period of 2024. This was reported by Baktybek Kudaybergenov, chairman of the National Statistical Committee. According to Kudaybergenov, the volume of industrial production in the country during the same period amounted to 799.7 billion soms, which is 10.6 percent more than in

19.01.2026, 12:50