Issue 2119 - 13.08.2026
13.08.2026

Kyrgyzstan and Tatarstan discuss accelerating Ak Ilbirs Centre construction

First Deputy Minister of Natural Resources, Ecology and Technical Supervision of Kyrgyzstan Zhenish Seidaliev meets with Minister of Ecology and Natural Resources of Tatarstan Azat Ziganshin, Ministry of Natural Resources of the Kyrgyz Republic reports.

Main topic of meeting focuses on implementing significant joint conservation and scientific project — Ak Ilbirs Research and Rehabilitation Centre built in the Issyk-Kul region.

"Facility represents specialised complex for entire Central Asia, combining scientific research, modern laboratory, veterinary care, and rehabilitation of rare and endangered animal species," report states.

Report notes preserving and restoring snow leopard population — main symbol of Kyrgyzstan nature — holds special place in centre operations. Facility creates conditions for conducting scientific research, veterinary diagnostics, animal rehabilitation, and biodiversity conservation programme execution.

During meeting, parties note positive construction dynamics and discuss accelerating work to equip centre with modern laboratory equipment.

Special attention focuses on strengthening joint snow leopard conservation programme and developing scientific cooperation between Kyrgyzstan and Tatarstan.

Reported by Kabar (Kyrgyzstan).

Kyrgyzstan General

13.08.2026

Naryn allocates 10 million som for mudslide protection in Ak-Korgon and Moskva areas

Naryn implements 10 million som project across 7 streets in Ak-Korgon and Moskva areas targeting mudslide flooding elimination, Naryn Mayor Office reports.

Mayor Zhyldyzbek Bekkeldiev meets with residents of Ottuk Street in Moskva residential area. Local residents note rainwater flowing from mountain ridges creates hazardous mudslides, leaving issue unresolved for years....

Naryn implements 10 million som project across 7 streets in Ak-Korgon and Moskva areas targeting mudslide flooding elimination, Naryn Mayor Office reports.

Mayor Zhyldyzbek Bekkeldiev meets with residents of Ottuk Street in Moskva residential area. Local residents note rainwater flowing from mountain ridges creates hazardous mudslides, leaving issue unresolved for years....

Finance and Investment

13.08.2026

Foreign currency share in Kyrgyzstan international reserves drops to 22%

Foreign currency portfolio share in international reserves of Kyrgyzstan decreases to 22% following 2025 results against 33% recorded year prior, National Bank data shows. Indicator contracts by 11 percentage points over year.

Meanwhile, currency portfolio value maintains growth. Calculated volume reaches approximately 1.89 billion dollars at end of 2025 compared to...

Foreign currency portfolio share in international reserves of Kyrgyzstan decreases to 22% following 2025 results against 33% recorded year prior, National Bank data shows. Indicator contracts by 11 percentage points over year.

Meanwhile, currency portfolio value maintains growth. Calculated volume reaches approximately 1.89 billion dollars at end of 2025 compared to...

13.08.2026

Kyrgyz Stock Exchange trading volume expands nearly three times

Kyrgyz Stock Exchange trading volume reaches 876.9 thousand som following 11 August trading, increasing 184.6% compared to previous session. All transactions execute on secondary market.

Listed securities account for 401.9 thousand som, growing 30.4% from previous indicator, while unlisted securities trading volume reaches 475 thousand som.

Alfa Oil LLC bond transactions totaling...

Kyrgyz Stock Exchange trading volume reaches 876.9 thousand som following 11 August trading, increasing 184.6% compared to previous session. All transactions execute on secondary market.

Listed securities account for 401.9 thousand som, growing 30.4% from previous indicator, while unlisted securities trading volume reaches 475 thousand som.

Alfa Oil LLC bond transactions totaling...

13.08.2026

National Bank conducts tenth intervention, selling 196 million dollars

National Bank of Kyrgyzstan conducts dollar sales operation on foreign exchange market on 10 August, with transaction volume reaching 196.2 million dollars, NBKR data shows.

Out of total amount, sales direct 41 million dollars with same-day settlements and 155.2 million dollars with different-date settlements.

August operation marks tenth foreign currency intervention by...

National Bank of Kyrgyzstan conducts dollar sales operation on foreign exchange market on 10 August, with transaction volume reaching 196.2 million dollars, NBKR data shows.

Out of total amount, sales direct 41 million dollars with same-day settlements and 155.2 million dollars with different-date settlements.

August operation marks tenth foreign currency intervention by...

Metals and Minerals

13.08.2026

Bishkek Thermal Power Plant purchases 200 thousand tonnes of coal worth 1.4 billion som with quality-linked pricing

Bishkek TPP Municipal Enterprise announces competition to purchase 200 thousand tonnes of imported coal, with planned cost reaching 1.3984 billion som, though actual batch prices depend on fuel quality.

Procurement documentation specifies TPP plans purchasing D, DG, or G grade coal. At maximum procurement value, single tonne costs approximately 6.99 thousand...

Bishkek TPP Municipal Enterprise announces competition to purchase 200 thousand tonnes of imported coal, with planned cost reaching 1.3984 billion som, though actual batch prices depend on fuel quality.

Procurement documentation specifies TPP plans purchasing D, DG, or G grade coal. At maximum procurement value, single tonne costs approximately 6.99 thousand...

13.08.2026

Coal sales to public begin in Bishkek and Chuy region

Coal sales begin at coal yards across the Chuy region and Bishkek city, Kyrgyzkomur OJSC reports.

Organisation data indicates Antimonopoly Service establishing maximum coal price floor of 7,000 som per tonne.

Reported by Kabar (Kyrgyzstan).

...

Coal sales begin at coal yards across the Chuy region and Bishkek city, Kyrgyzkomur OJSC reports.

Organisation data indicates Antimonopoly Service establishing maximum coal price floor of 7,000 som per tonne.

Reported by Kabar (Kyrgyzstan).

...

Energy Industry

13.08.2026

Power grid workers prepare infrastructure in Kyrchyn for World Nomad Games with nearly 18 km of new lines

The Issyk-Kul Electricity Grid Enterprise reported that workers modernize power grid infrastructure in the Issyk-Kul region for the VI World Nomad Games.

In the Kyrchyn ethno-complex, workers built 17.7 km of new 10 kV power lines, installed 535 reinforced concrete poles, and mounted five transformer substations with a capacity of 630...

The Issyk-Kul Electricity Grid Enterprise reported that workers modernize power grid infrastructure in the Issyk-Kul region for the VI World Nomad Games.

In the Kyrchyn ethno-complex, workers built 17.7 km of new 10 kV power lines, installed 535 reinforced concrete poles, and mounted five transformer substations with a capacity of 630...

13.08.2026

Uch-Kurgan Hydroelectric Power Plant modernizes all four hydraulic units

Modernization works on hydraulic units No. 1 and No. 2 continue at the Uch-Kurgan Hydroelectric Power Plant, with completion planned by the end of 2026, the Ministry of Energy of the Kyrgyz Republic reported.

According to the ministry, after all works conclude, the installed capacity of the plant will increase from...

Modernization works on hydraulic units No. 1 and No. 2 continue at the Uch-Kurgan Hydroelectric Power Plant, with completion planned by the end of 2026, the Ministry of Energy of the Kyrgyz Republic reported.

According to the ministry, after all works conclude, the installed capacity of the plant will increase from...

Agriculture

13.08.2026

Kyrgyzstan exports over 746 tonnes of fish in seven months

Kyrgyzstan exported 746.7 tonnes of fish in the first seven months of 2026, representing 87% of the total export volume for 2025, according to the Ministry of Water Resources, Agriculture and Processing Industry.

In 2025, the country exported 857.6 tonnes of fish products.

Currently, fish products from Kyrgyzstan are mainly exported to...

Kyrgyzstan exported 746.7 tonnes of fish in the first seven months of 2026, representing 87% of the total export volume for 2025, according to the Ministry of Water Resources, Agriculture and Processing Industry.

In 2025, the country exported 857.6 tonnes of fish products.

Currently, fish products from Kyrgyzstan are mainly exported to...

13.08.2026

Organic production area in Kyrgyzstan exceeds 101 thousand hectares

As of 30 June, organic production area in Kyrgyzstan exceeded 101 thousand hectares, the press service of the Ministry of Agriculture reported.

Out of the total volume, 11.3 thousand hectares belong to 11 cooperatives that produce and process products according to international organic production standards. Six of them received corresponding certificates...

As of 30 June, organic production area in Kyrgyzstan exceeded 101 thousand hectares, the press service of the Ministry of Agriculture reported.

Out of the total volume, 11.3 thousand hectares belong to 11 cooperatives that produce and process products according to international organic production standards. Six of them received corresponding certificates...

Manufacturing industry

13.08.2026

Construction of waste recycling plant continues in Osh

According to the municipality, the Chinese company Junxin Huanbao KG Invest executes the construction of the facility. After commissioning, the plant plans to process up to 310 thousand tonnes of waste per year, or over 800 tonnes daily, generating electricity.

Mayor of Osh Zhanarbek Akaev previously visited the construction site multiple...

According to the municipality, the Chinese company Junxin Huanbao KG Invest executes the construction of the facility. After commissioning, the plant plans to process up to 310 thousand tonnes of waste per year, or over 800 tonnes daily, generating electricity.

Mayor of Osh Zhanarbek Akaev previously visited the construction site multiple...

Communications and Transportation

13.08.2026

Ministry of Transport tightens control on Chuy-Bishkek section

Control over compliance with transport requirements will tighten on the Chuy-Bishkek section, the Ministry of Transport and Communications reported.

Acting Director of the Transport Department Baktybek Moldobaev held a meeting with mobile group employees, announcing the creation of four additional mobile groups based at the Chuy-Bishkek Territorial Management.

Special attention at the...

Control over compliance with transport requirements will tighten on the Chuy-Bishkek section, the Ministry of Transport and Communications reported.

Acting Director of the Transport Department Baktybek Moldobaev held a meeting with mobile group employees, announcing the creation of four additional mobile groups based at the Chuy-Bishkek Territorial Management.

Special attention at the...

13.08.2026

Kyrgyzstan reconstructs airports and expands aviation sector capabilities

Air travel enhances mobility and saves significant time. Therefore, demand for flights connecting distances remains high. Today, Airports of Kyrgyzstan OJSC manages 11 airports across the country. Five of them — Manas, Osh, Issyk-Kul, Karakol, and Batken airports — hold international status, while six — Jalal-Abad, Razzakov, Kerben, Kazarman, Naryn,...

Air travel enhances mobility and saves significant time. Therefore, demand for flights connecting distances remains high. Today, Airports of Kyrgyzstan OJSC manages 11 airports across the country. Five of them — Manas, Osh, Issyk-Kul, Karakol, and Batken airports — hold international status, while six — Jalal-Abad, Razzakov, Kerben, Kazarman, Naryn,...

Regional News

13.08.2026

Russian pension provision degradation continues

Ahead of the September single voting day, politicians state the need for additional payouts to pensioners. Attention to the older generation stems from pensioners becoming the main affected group over the past five years. Before the start of the special military operation, the ratio of average pensions to average wages reached nearly 30%, whereas today it stands at 25%. Over the past five years, the ratio of pensions to average official incomes also declined. Hopes that authorities would stop the relative impoverishment of pensioners before elections appear unfulfilled. Duma faction representatives announce initiatives for supplementary payments and payouts to pensioners. Outgoing deputies propose paying pensioners an additional 13th pension and compensating money lost due to non-indexation for working pensioners. Proposals also call for conducting four pension indexations annually rather than one to reduce periods where pensions lag behind inflation. Political interest in pensioner issues is not accidental. Pensioners suffered in recent years due to relative impoverishment, as average pensions contracted relative to wages and average official incomes. Ahead of parliamentary and presidential elections, authorities previously conducted general pension increases or one-off payouts. State media describe wage and income growth while avoiding income losses among the older generation. One state agency regularly publishes data on top regional or sectoral wages, while another notes rapid wage growth over the past five years. The median wage in Russia grew by 85% over five years, Associate Professor at the Financial University under the Government of the Russian Federation Igor Balynin reported to TASS. The median wage represents the midpoint where 50% of workers earn more and 50% earn less. Median wages sit below average wages, as average levels increase due to high earnings among small worker groups. The median level describes common compensation levels more accurately. "Over 2021–2025, median wages increased by 85%, from 35,370 roubles to 65,307 roubles, an increase of nearly 30,000 roubles. Average wages over the same period rose by 78%, from 57,244 roubles to 101,784 roubles," Balynin explained. He noted that the ratio of average to median wages reached 1.62 in 2021 and 1.56 in 2025. According to the expert, following 2026, the ratio will contract to 1.52–1.55. He added that by late 2026, median wages in Russia may increase to 73,500–79,000 roubles, a growth of 12.5–21%. Another distinction in wage statistics involves differences between gross accrued wages before taxes and net take-home pay. Rosstat publishes accrued wage data, which runs higher than take-home pay. SberIndex analytics show median take-home pay reached 73,957 roubles in June 2026. Regardless of which wage statistics are published, relative impoverishment trends among Russian pensioners persist. Pensions in recent years dropped relative to accrued and take-home pay. Over the past five years, average pensions in Russia lost approximately five percentage points relative to earnings. In 2021, average pensions reached nearly 30% of average accrued earnings, whereas in 2026 average pensions slightly exceed 25% of average accrued wages. Degradation of pension provision occurs despite improvements in the worker-to-pensioner ratio. Due to raising the pension age in Russia, the number of pensioners contracted while the number of workers increased. However, this failed to alter declining pension ratios relative to wages. "By the end of the decade, pensions must reach at least 40% of average earnings from which contributions were paid," Vladimir Putin stated in the previous decade. "Today this replacement rate stands near 38%." "In the future, pensions must reach European replacement rates of 40% of average wages," he explained during meetings. "Pensions must grow faster than wages," Vladimir Putin stated before the 2012 elections. Deteriorating pension provision was discussed by specialists, officials, and deputies during round tables. "The main challenge for the pension system involves a falling replacement rate. The ratio of average pensions to average wages approaches historical lows," State Duma Deputy Oksana Dmitriyeva noted. During assessments involving deputies, Ministry of Labour representatives, the Social Fund of Russia, and the Federal Treasury, experts agreed that long-term sustainability under demographic challenges remains questionable. Increasing average pensions lags behind average wage growth and insurance pension indexations. Average wages across the country grew 2.6 times between 2015 and 2024, while indexations increased insurance pensions 2.1 times, and average appointed pensions grew 1.75 times. The main reason for this gap involves freezing indexations for working pensioners, Dmitriyeva explained. By Mikhail Sergeyev for Nezavisimaya Gazeta (Russia).

Ahead of the September single voting day, politicians state the need for additional payouts to pensioners. Attention to the older generation stems from pensioners becoming the main affected group over the past five years. Before the start of the special military operation, the ratio of average pensions to average wages reached nearly 30%, whereas today it stands at 25%. Over the past five years, the ratio of pensions to average official incomes also declined. Hopes that authorities would stop the relative impoverishment of pensioners before elections appear unfulfilled.

Duma faction representatives announce initiatives for supplementary payments and payouts to pensioners.

Outgoing deputies propose paying pensioners an additional 13th pension and compensating money lost due to non-indexation for working pensioners. Proposals also call for conducting four pension indexations annually rather than one to reduce periods where pensions lag behind inflation.

Political interest in pensioner issues is not accidental. Pensioners suffered in recent years due to relative impoverishment, as average pensions contracted relative to wages and average official incomes. Ahead of parliamentary and presidential elections, authorities previously conducted general pension increases or one-off payouts.

State media describe wage and income growth while avoiding income losses among the older generation. One state agency regularly publishes data on top regional or sectoral wages, while another notes rapid wage growth over the past five years.

The median wage in Russia grew by 85% over five years, Associate Professor at the Financial University under the Government of the Russian Federation Igor Balynin reported to TASS.

The median wage represents the midpoint where 50% of workers earn more and 50% earn less. Median wages sit below average wages, as average levels increase due to high earnings among small worker groups. The median level describes common compensation levels more accurately.

"Over 2021–2025, median wages increased by 85%, from 35,370 roubles to 65,307 roubles, an increase of nearly 30,000 roubles. Average wages over the same period rose by 78%, from 57,244 roubles to 101,784 roubles," Balynin explained.

He noted that the ratio of average to median wages reached 1.62 in 2021 and 1.56 in 2025. According to the expert, following 2026, the ratio will contract to 1.52–1.55. He added that by late 2026, median wages in Russia may increase to 73,500–79,000 roubles, a growth of 12.5–21%.

Another distinction in wage statistics involves differences between gross accrued wages before taxes and net take-home pay. Rosstat publishes accrued wage data, which runs higher than take-home pay. SberIndex analytics show median take-home pay reached 73,957 roubles in June 2026.

Regardless of which wage statistics are published, relative impoverishment trends among Russian pensioners persist. Pensions in recent years dropped relative to accrued and take-home pay.

Over the past five years, average pensions in Russia lost approximately five percentage points relative to earnings. In 2021, average pensions reached nearly 30% of average accrued earnings, whereas in 2026 average pensions slightly exceed 25% of average accrued wages.

Degradation of pension provision occurs despite improvements in the worker-to-pensioner ratio. Due to raising the pension age in Russia, the number of pensioners contracted while the number of workers increased. However, this failed to alter declining pension ratios relative to wages.

"By the end of the decade, pensions must reach at least 40% of average earnings from which contributions were paid," Vladimir Putin stated in the previous decade. "Today this replacement rate stands near 38%." "In the future, pensions must reach European replacement rates of 40% of average wages," he explained during meetings. "Pensions must grow faster than wages," Vladimir Putin stated before the 2012 elections.

Deteriorating pension provision was discussed by specialists, officials, and deputies during round tables. "The main challenge for the pension system involves a falling replacement rate. The ratio of average pensions to average wages approaches historical lows," State Duma Deputy Oksana Dmitriyeva noted.

During assessments involving deputies, Ministry of Labour representatives, the Social Fund of Russia, and the Federal Treasury, experts agreed that long-term sustainability under demographic challenges remains questionable. Increasing average pensions lags behind average wage growth and insurance pension indexations. Average wages across the country grew 2.6 times between 2015 and 2024, while indexations increased insurance pensions 2.1 times, and average appointed pensions grew 1.75 times. The main reason for this gap involves freezing indexations for working pensioners, Dmitriyeva explained.

By Mikhail Sergeyev for Nezavisimaya Gazeta (Russia).

13.08.2026

Russian market struggles to hold above 2,300

The Russian stock market during the main session on Wednesday, 12 August, attempts to hold above 2,300 on the MOEX Index, but momentum from a weak rouble and expensive oil fades. Speculator enthusiasm dims over a lack of major investors, who refrain from buying risky assets due to absent fundamental...

The Russian stock market during the main session on Wednesday, 12 August, attempts to hold above 2,300 on the MOEX Index, but momentum from a weak rouble and expensive oil fades. Speculator enthusiasm dims over a lack of major investors, who refrain from buying risky assets due to absent fundamental...

13.08.2026

Chinese companies increase patent activity in Russia

China, the US, and Switzerland led foreign patent applicants for inventions in Russia in 2025, report experts from the Institute for Statistical Research and Economics of Knowledge at HSE University, having analysed Rospatent data. Compared to 2020, patent applications from China increased by nearly a third in 2025, while US...

China, the US, and Switzerland led foreign patent applicants for inventions in Russia in 2025, report experts from the Institute for Statistical Research and Economics of Knowledge at HSE University, having analysed Rospatent data. Compared to 2020, patent applications from China increased by nearly a third in 2025, while US...

13.08.2026

Vessel tests begin along China's major river-to-sea Pinglu Canal

Equipped with China's homegrown BeiDou positioning systems, drones and sensors, four vessels began trial runs along China's Pinglu Canal on Wednesday. The canal, which is planned for opening in September, will greatly inject economic vitality to areas along its route and turbocharge China's trade connection with the ASEAN with its...

Equipped with China's homegrown BeiDou positioning systems, drones and sensors, four vessels began trial runs along China's Pinglu Canal on Wednesday. The canal, which is planned for opening in September, will greatly inject economic vitality to areas along its route and turbocharge China's trade connection with the ASEAN with its...