Economy

The growth of non-tax revenues affected the budget surplus of Kyrgyzstan in 2025

- According to the EFSR report (December 2025), the Kyrgyz Republic is experiencing a record budget surplus, largely driven by the growth of non-tax revenues. Specifically, the profit of the National Bank of the Kyrgyz Republic (NBKR) for 2024, amounting to 45.7 billion soms (3.7% of GDP), has been a key factor in the increase of non-tax revenues, which reached 10.8% of GDP in January-September 2025, compared to 7.1% of GDP in the same period last year, the authors of the report note.

19.01.2026, 11:50
Economy

The volume of investments in fixed assets in 2025 amounted to 374.6 billion soms

In 2025, the volume of investments in fixed capital reached 374.6 billion soms, which is an increase of 18.4% compared to the previous year, 2024. This was reported at a press conference by the chairman of the National Statistical Committee of Kyrgyzstan, Baktybek Kudaybergenov. As noted by Baktybek Kudaybergenov, the growth in investments compared to the period from January to December 2024 is due to an increase in both domestic sources of financing by 9% and external sources by 3.8%. From

19.01.2026, 11:29
A New Bank Opened in Kyrgyzstan
Economy

A New Bank Opened in Kyrgyzstan

The National Bank has issued a license for banking operations A new bank has appeared in the country, as reported in the National Bank's press release.

19.01.2026, 11:14
Economy

The trade turnover of Kyrgyzstan for the 11 months of 2025 amounted to $14 billion

- According to information provided by the Chairman of the National Statistical Committee, Baktybek Kudaybergenov, the volume of trade in the country has significantly decreased during the specified period. The main reason for the decline in turnover was a sharp drop in export supplies, which decreased by 43.5%. In the trade structure, exports accounted for 18.5%, while imports reached 81.5%. Mutual trade with the member states of the Eurasian Economic Union during the period under review

19.01.2026, 11:09
Economy

From 63,000 to 185,000 soms: How much does a square meter of real estate cost in Bishkek?

- A recent report from the Agency for Land Resources and Cadastre presented estimated prices per square meter of unified tax property (UTP) in Bishkek for the end of 2025. According to the study, the highest price per square meter was recorded in the residential category, amounting to 184.9 thousand soms. At the same time, significant amounts are also observed in the industrial real estate sector — 175.9 thousand soms per square meter.

19.01.2026, 10:55
Economy

Kyrgyzstan is seeking solutions to the problems of exporting textile products to Russia

- Starting from autumn 2025, sewing enterprises in Kyrgyzstan are facing changes in the conditions for exporting their products to the Russian Federation, which is related to the increased control from Russian authorities within the framework of the Eurasian Economic Union. Russia has tightened its control. The Ministry of Economy explained why Kyrgyz sewing products are facing barriers when imported into Russia. The main reason for these changes has been the new control measures introduced by

19.01.2026, 10:54
At the fair in Bishkek, meat is sold for 600 soms
Economy

At the fair in Bishkek, meat is sold for 600 soms

In Bishkek, at the Turdakun Usubaliev Square, a large agricultural fair continues, initiated by the Ministry of Water Resources, Agriculture, and Processing Industry of Kyrgyzstan. One of the main features of this event is the low prices for meat products: a kilogram of meat can be purchased for 600 soms. This price is below the previously set threshold of 650 soms by the city authorities, making the fair particularly attractive for city residents. Direct supplies from producers without

19.01.2026, 10:29
Exchange rates in commercial banks of Kyrgyzstan as of January 19
Economy

Exchange rates in commercial banks of Kyrgyzstan as of January 19

Information about currency exchange rates is provided based on data collected from commercial bank websites. If you have any questions regarding the information presented, please contact the banks directly. The data is current as of the time of publication. The rates mentioned pertain to cash currency exchange and may change throughout the day. Official exchange rates of the National Bank of the Kyrgyz Republic and exchange rates in Bishkek can be found here.

19.01.2026, 10:03
Another new bank has appeared in Kyrgyzstan
Economy / Exclusive

Another new bank has appeared in Kyrgyzstan

On January 14, 2026, the Board of the National Bank made a decision to grant a license to the Closed Joint-Stock Company "Alma Finance Bank." This permission allows the institution to conduct banking operations in both national and foreign currencies, reports the National Bank. It is worth noting that a new commercial bank, "Berekett Bank," was also recently established in the country, becoming the 22nd bank in the republic.

19.01.2026, 10:00
Economy

The stay period for international carriers from visa-free countries in Russia will be extended.

In Russia, there are plans to extend the stay of international carriers from countries that do not require visas. This issue has become the subject of a new draft government resolution developed by the Ministry of Internal Affairs of the Russian Federation, as reported by Irina Volk, the official representative of the agency. According to her, it is proposed to increase this period to 180 days within a calendar year. "In order to ensure the uninterrupted operation of international

19.01.2026, 09:49
Is it time to call the Ministry of Agriculture of Kyrgyzstan the "Ministry of Drought"?
Economy

Is it time to call the Ministry of Agriculture of Kyrgyzstan the "Ministry of Drought"?

With the beginning of the growing season in 2026, Kyrgyzstan is once again facing alarming news. The Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic reports that water supplies are insufficient and points to natural factors as the main reason. This raises a logical question: if the agency is aware of glacier melting and global warming, why are its actions limited to warnings rather than active measures to improve the situation?

19.01.2026, 09:30
Economy

Gold sets a new historical record - $4,700 per ounce

Today, gold has reached a historic high, surpassing $4,700 per ounce. This is confirmed by data from the trading platform. Experts link this increase to rising geopolitical tensions, including the worsening situation in Iran and President Donald Trump's criticism of the U.S. Federal Reserve. Additionally, there is a strong desire among investors to turn to "safe havens," which continues the upward trend that began last year.

19.01.2026, 09:22
Economy

How has the ruble exchange rate changed since the beginning of 2026? (chart)

Since the beginning of 2026, there has been a moderate increase in the official exchange rate of the Russian ruble against the Kyrgyz som. In the first days of January, the ruble was maintained at a level of 1.1016 soms. However, in the second half of the month, a gradual strengthening began. The lowest exchange rate was recorded on January 13, when the ruble was worth 1.0885 soms. From that point, an upward trend began, and by January 16-17, the rate reached a new maximum of 1.1182 soms.

18.01.2026, 20:09
Economy

Kyrgyzstan Increased Imports of Wheelchairs from China by 7.3 Times in the First 10 Months of 2025

- The import of wheelchairs from China to Kyrgyzstan increased by 7.3 times in the first 10 months of 2025. This data was provided by the National Statistical Committee. From January to October 2025, Kyrgyzstan imported 1,500 wheelchairs from China for a total of $297,000. This is a significant increase compared to the same period in 2024, when only 208 units were imported for a total of $21,000.

18.01.2026, 18:41
Economy

Recapitalization of state enterprises in Kyrgyzstan is expected to reach 11% of GDP by the end of 2025

- In the Kyrgyz Republic, budgetary incentives are actively used to achieve ambitious economic goals. This is stated in the report of the EFRS, published in December 2025. According to forecasts, by the end of 2025, the volume of budget expenditures for the recapitalization of state enterprises may increase to 11% of GDP, which represents an increase of almost eight times over the past four years.

18.01.2026, 17:44
Economy

Kyrgyzstan Increased Bicycle Imports from China by 2.7 Times in the First 10 Months of 2025

- The import of bicycles to Kyrgyzstan from China increased by 2.7 times in the first 10 months of 2025, according to data from the National Statistical Committee. From January to October 2025, the republic imported 169,000 bicycles worth 4.2 million dollars. Compared to the same period in 2024, when 60,000 units worth 1.6 million dollars were imported, there is a significant increase in supplies.

18.01.2026, 16:41