Issue 1911 - 17.09.2025
17.09.2025

Poverty reduction in Kyrgyzstan decreased by 25,7% in 2024

The government is making every effort to improve the standard of living of the population, Chairman of the Cabinet of Ministers Adylbek Kasymaliev told at a staff meeting.

The head of the Cabinet noted that in 2024, the poverty level in the country decreased to 25.7%, which is 4.1 percentage points less than in 2023 (in 2023 - 29.8%). This is a positive trend.

The key factor in reducing poverty was the increase in the population's income. In 2024, cash income per capita increased by 16.5%. The average monthly salary for the first 7 months of this year amounted to 42,522 soms, an increase of 20.4%.

From October 1, 2025, pensions will be increased. The positive effect of the Social Contract program should be especially noted, the amount was increased from 100 thousand soms to 150 thousand soms this year. Numerous measures are being implemented in the field of business support. As part of industrialization, 67 enterprises have been opened in the country this year, which have created 6,000 jobs.

According to the National Statistical Committee, over 159 thousand new jobs were created in the first half of this year, which is 2.9 times more than in the same period last year (55.1 thousand jobs were created in the first 6 months of 2024), Adylbek Kasymaliev said.

By Kabar

Kyrgyzstan General

17.09.2025

Kyrgyzstan, Tajikistan to expand economic partnership

Kyrgyz Speaker Nurlanbek Turgunbek uulu met with the President of Tajikistan Emomali Rahmon.

According to the press service of the Kyrgyz Parliament, the sides discussed issues of expanding political, economic, cultural and humanitarian ties between the republics, and strengthening inter-parliamentary cooperation.

Kyrgyz Speaker emphasized that the border issue was...

Kyrgyz Speaker Nurlanbek Turgunbek uulu met with the President of Tajikistan Emomali Rahmon.

According to the press service of the Kyrgyz Parliament, the sides discussed issues of expanding political, economic, cultural and humanitarian ties between the republics, and strengthening inter-parliamentary cooperation.

Kyrgyz Speaker emphasized that the border issue was...

17.09.2025

Kyrgyzstan is against any forceful methods of conflict resolution, Kyrgyz Foreign Minister says

On September 15, 2025, in Doha, the delegation of the Kyrgyz Republic, headed by Foreign Minister Jeenbek Kulubaev, took part in the extraordinary summit of the Organization of Islamic Cooperation (OIC). The summit was attended by the heads of government, parliaments, foreign affairs agencies of the OIC member states,...

On September 15, 2025, in Doha, the delegation of the Kyrgyz Republic, headed by Foreign Minister Jeenbek Kulubaev, took part in the extraordinary summit of the Organization of Islamic Cooperation (OIC). The summit was attended by the heads of government, parliaments, foreign affairs agencies of the OIC member states,...

Finance and Investment

17.09.2025

Ministry of Finance plans to place 24 billion som in bank deposits

The Ministry of Finance announces an auction for placing funds from the mitigation account in deposits of commercial banks.

According to the Kyrgyz Stock Exchange, the date of the placement is September 17, 2025, with a total amount of 24 billion som.

Placement is carried out in three packages:

12 months — 4...

The Ministry of Finance announces an auction for placing funds from the mitigation account in deposits of commercial banks.

According to the Kyrgyz Stock Exchange, the date of the placement is September 17, 2025, with a total amount of 24 billion som.

Placement is carried out in three packages:

12 months — 4...

17.09.2025

National Bank of Kyrgyzstan sells $81.5 million on foreign exchange market

On September 15, the National Bank of Kyrgyzstan re-entered the domestic foreign exchange market, selling a total of 81.5 million US dollar.

According to the regulator, $53 million of this amount was sold on the date of the transaction, and $28.5 million was sold on a different date.

This is the regulator's...

On September 15, the National Bank of Kyrgyzstan re-entered the domestic foreign exchange market, selling a total of 81.5 million US dollar.

According to the regulator, $53 million of this amount was sold on the date of the transaction, and $28.5 million was sold on a different date.

This is the regulator's...

17.09.2025

Currency exchange rate as of September 16

The National Bank has published the official exchange rates for September 16, 2025.

Compared to the data as of September 13, the exchange rates have changed as follows:

US Dollar (USD) — 87.45 som (unchanged); Euro (EUR) — 102.64 som (up from 102.47 som); Russian rouble (RUB) — 1.0426 som (up from...

The National Bank has published the official exchange rates for September 16, 2025.

Compared to the data as of September 13, the exchange rates have changed as follows:

US Dollar (USD) — 87.45 som (unchanged); Euro (EUR) — 102.64 som (up from 102.47 som); Russian rouble (RUB) — 1.0426 som (up from...

Metals and Minerals

17.09.2025

Gold price hits new all-time high

The exchange price of gold rose by 1%, reaching a new all-time high of over $3,720 per troy ounce, according to trading data.

As of 18:58 Moscow time, the price of the December gold futures contract on the New York-based Comex exchange rose to $35.37 from the previous close, or 0.95%,...

The exchange price of gold rose by 1%, reaching a new all-time high of over $3,720 per troy ounce, according to trading data.

As of 18:58 Moscow time, the price of the December gold futures contract on the New York-based Comex exchange rose to $35.37 from the previous close, or 0.95%,...

Energy Industry

17.09.2025

Modernisation of Uch-Kurgan hydroelectric power station completed by 56%

The runner has been installed at the Uch-Kurgan hydroelectric power station. According to the Ministry of Energy, one of the key stages of the modernisation of the second hydroelectric unit of the station has been completed - the runner with the turbine cover has been installed in the design location.

It...

The runner has been installed at the Uch-Kurgan hydroelectric power station. According to the Ministry of Energy, one of the key stages of the modernisation of the second hydroelectric unit of the station has been completed - the runner with the turbine cover has been installed in the design location.

It...

17.09.2025

Construction of Orto-Tokoy Hydroelectric Power Plant continues in Kyrgyzstan

Construction and installation works of the main building of the Orto-Tokoy Hydroelectric Power Station are ongoing. This was reported by the Ministry of Energy of Kyrgyzstan.

According to the agency, work is currently underway to construct the main building of the hydroelectric power plant, which will include a machine hall, main...

Construction and installation works of the main building of the Orto-Tokoy Hydroelectric Power Station are ongoing. This was reported by the Ministry of Energy of Kyrgyzstan.

According to the agency, work is currently underway to construct the main building of the hydroelectric power plant, which will include a machine hall, main...

Trade and Consumer Goods

17.09.2025

Kyrgyzstan meets domestic demand for six main food products

According to the results of the first seven months of 2025, Kyrgyzstan meets the domestic demand for six out of nine key food products, said Meerim Yesenkulova, a specialist in food security solutions at the Ministry of Agriculture, at a briefing in Bishkek.

She explained that the list of basic products...

According to the results of the first seven months of 2025, Kyrgyzstan meets the domestic demand for six out of nine key food products, said Meerim Yesenkulova, a specialist in food security solutions at the Ministry of Agriculture, at a briefing in Bishkek.

She explained that the list of basic products...

Agriculture

17.09.2025

Trout from Kurpsai Reservoir for Export: modern factory launches in Kara-Kul

In the Jalal-Abad region, with the participation of President Sadyr Zhaparov, the processing complex of the Aqua Service company, which specialises in fish farming, processing, and export, was launched.

According to Artem Novikov, Chairman of the Russian-Kyrgyz Development Fund, the project, which cost more than $1.5 million, was implemented with the...

In the Jalal-Abad region, with the participation of President Sadyr Zhaparov, the processing complex of the Aqua Service company, which specialises in fish farming, processing, and export, was launched.

According to Artem Novikov, Chairman of the Russian-Kyrgyz Development Fund, the project, which cost more than $1.5 million, was implemented with the...

Manufacturing industry

17.09.2025

Another 36 processing plants to open by year-end, says Torobaev

The processing industry plays a key role in solving the country's economic and social problems, Deputy Chairman of the Cabinet of Ministers - Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobaev told at the forum "Attracting Investments in Priority Sectors of the Agro-Industrial Complex".

According to him, new enterprises...

The processing industry plays a key role in solving the country's economic and social problems, Deputy Chairman of the Cabinet of Ministers - Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobaev told at the forum "Attracting Investments in Priority Sectors of the Agro-Industrial Complex".

According to him, new enterprises...

17.09.2025

Clothing manufacturing companies in Kyrgyzstan earn more than half billion KGS

Kyrgyzstan has 198 clothing manufacturing enterprises. Two-thirds of all companies are located in the capital — 128 enterprises, with another 38 located in the Chui region.

The remaining 32 enterprises are distributed across the regions: 11 in the Issyk-Kul region, 8 in the Jalal-Abad region, 3 each in the Osh and...

Kyrgyzstan has 198 clothing manufacturing enterprises. Two-thirds of all companies are located in the capital — 128 enterprises, with another 38 located in the Chui region.

The remaining 32 enterprises are distributed across the regions: 11 in the Issyk-Kul region, 8 in the Jalal-Abad region, 3 each in the Osh and...

Communications and Transportation

17.09.2025

Works on China-Kyrgyzstan-Uzbekistan Railway discussed in Bishkek

Deputy Chairman of the Cabinet of Ministers - Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobaev held a meeting on the implementation of a strategic infrastructure project China - Kyrgyzstan Uzbekistan Railway.

According to the Cabinet of Ministers, presently, the construction of a temporary power supply line and access...

Deputy Chairman of the Cabinet of Ministers - Minister of Water Resources, Agriculture and Processing Industry Bakyt Torobaev held a meeting on the implementation of a strategic infrastructure project China - Kyrgyzstan Uzbekistan Railway.

According to the Cabinet of Ministers, presently, the construction of a temporary power supply line and access...

17.09.2025

New air route Almaty-Karakol launches

A new air route Almaty-Karakol via Santash Pass will be launched, the State Agency for Civil Aviation reports.

According to the information, the relevant agreement was signed by the Kyrgyz Aeronavigation State Enterprise and the Kazaeronavigatsia Company. The route was developed taking into account the modern requirements of the International Civil...

A new air route Almaty-Karakol via Santash Pass will be launched, the State Agency for Civil Aviation reports.

According to the information, the relevant agreement was signed by the Kyrgyz Aeronavigation State Enterprise and the Kazaeronavigatsia Company. The route was developed taking into account the modern requirements of the International Civil...

Regional News

17.09.2025

Fewer and fewer parties appear in regional parliaments in Russia

The regional elections that ended on September 14 did not stand out from the overall picture of recent years. According to the final results, United Russia (UR) strengthened its position in the parliaments of almost all subjects where their compositions were updated, maintaining total superiority in single-mandate constituencies and increasing...

The regional elections that ended on September 14 did not stand out from the overall picture of recent years. According to the final results, United Russia (UR) strengthened its position in the parliaments of almost all subjects where their compositions were updated, maintaining total superiority in single-mandate constituencies and increasing...

17.09.2025

Deflation turns into inflation in Russia

Seasonally adjusted and annualised, deflation was not recorded in August (Rosstat reported a month-on-month decrease in prices by 0.4% last week), but, on the contrary, inflation of 4.1%. Such calculations are provided by the Central Bank in an analytical commentary on the price situation published on September 15.

In this measure,...

Seasonally adjusted and annualised, deflation was not recorded in August (Rosstat reported a month-on-month decrease in prices by 0.4% last week), but, on the contrary, inflation of 4.1%. Such calculations are provided by the Central Bank in an analytical commentary on the price situation published on September 15.

In this measure,...

17.09.2025

Russian market in fever

September 16, failing to approach the 2,900-point mark. The morning bounce could have been triggered by the news that the EU postponed the publication of the 19th package of sanctions against Russia scheduled for Wednesday. Later, Bloomberg reported that representatives of the G7 are working on a new package of...

September 16, failing to approach the 2,900-point mark. The morning bounce could have been triggered by the news that the EU postponed the publication of the 19th package of sanctions against Russia scheduled for Wednesday. Later, Bloomberg reported that representatives of the G7 are working on a new package of...

17.09.2025

Bank of Russia identifies priority areas for financial market development for 2026-2028

The Bank of Russia has identified the main directions of financial market development for 2026-2028, according to the regulator's message.

Among the priorities for the next three years are: developing the capital market as a source of business financing; increasing the transparency of initial public offerings (IPOs) and the investment attractiveness...

The Bank of Russia has identified the main directions of financial market development for 2026-2028, according to the regulator's message.

Among the priorities for the next three years are: developing the capital market as a source of business financing; increasing the transparency of initial public offerings (IPOs) and the investment attractiveness...