Issue 1819 - 22.04.2025
22.04.2025

Kyrgyzstan and European Bank for Reconstruction and Development sign 40 investment projects over past 10 years

Over the past ten years, Kyrgyzstan and the European Bank for Reconstruction and Development (EBRD) have signed 40 agreements on public investment projects worth a total of $369.09 million.

Of this amount, about 62 percent are loans, and 38 percent are grants.

At the same time, 41 percent of funds from the total investment volume are directed to financing of 24 water supply projects. At least 32 percent of funds were invested in transport infrastructure, and 16 percent in energy industry.

Two of the largest projects concern the reconstruction of Issyk-Kul ring road ($52 million) and the Green Cities program for Bishkek ($33 million).

By Baktygul Osmonalieva for 24.kg.

Kyrgyzstan General

22.04.2025

Kyrgyzstan confidently advancing on path of digital transformation

A meeting of the Joint Working Group on E-Government and ICT was held within the framework of the Development Partners Coordination Council, UNDP in Kyrgyzstan reported.

The meeting focused on the achieved results and priority areas for Kyrgyzstan’s digital development for 2025–2026.

A joint digitalisation program was presented, developed by the Presidential...

A meeting of the Joint Working Group on E-Government and ICT was held within the framework of the Development Partners Coordination Council, UNDP in Kyrgyzstan reported.

The meeting focused on the achieved results and priority areas for Kyrgyzstan’s digital development for 2025–2026.

A joint digitalisation program was presented, developed by the Presidential...

22.04.2025

President Zhaparov arrives on official visit to Bahrain

On 21 April, the President of Kyrgyzstan Sadyr Zhaparov arrived on an official visit to the Kingdom of Bahrain at the invitation of the King of the Kingdom of Bahrain Hamad bin Isa Al Khalifa.

The flight of the Head of State landed at the Bahrain International Airport.

President Sadyr Zhaparov was...

On 21 April, the President of Kyrgyzstan Sadyr Zhaparov arrived on an official visit to the Kingdom of Bahrain at the invitation of the King of the Kingdom of Bahrain Hamad bin Isa Al Khalifa.

The flight of the Head of State landed at the Bahrain International Airport.

President Sadyr Zhaparov was...

Finance and Investment

22.04.2025

Financial Supervision identifies violations in market of virtual assets in amount of KGS 366 thousand

Within the framework of the agreement with RunexKG through the analytical platform RunexKG, the Finnadzor revealed violations of legislation on the part of business entities operating in the sphere of virtual assets turnover.

According to the results of the analysis, administrative fines totalling KGS 366 thousand were imposed on seven legal...

Within the framework of the agreement with RunexKG through the analytical platform RunexKG, the Finnadzor revealed violations of legislation on the part of business entities operating in the sphere of virtual assets turnover.

According to the results of the analysis, administrative fines totalling KGS 366 thousand were imposed on seven legal...

22.04.2025

Large stake in Eurasian Savings Bank transfers to Mederbek Sartkaziev

There were significant changes in the structure of shareholders of Eurasian Savings Bank. On April 11 of this year Mederbek Sartkaziev became the owner of 48.89% shares of the bank. Information about the changes was posted on the website of the Kyrgyz Stock Exchange.

According to the disclosed information, Sartkaziev was...

There were significant changes in the structure of shareholders of Eurasian Savings Bank. On April 11 of this year Mederbek Sartkaziev became the owner of 48.89% shares of the bank. Information about the changes was posted on the website of the Kyrgyz Stock Exchange.

According to the disclosed information, Sartkaziev was...

22.04.2025

State Tax Service summarises results of Q1 2025: over fulfilment of plan and focus on digitalisation

A meeting of the Board of the State Tax Service, dedicated to the results of the agency for the first quarter of this year.

According to the head of the department Almambet Shykmamatov, in the first quarter of 2025 collected 82 billion 966. 7 million KGS of taxes and insurance contributions.

The...

A meeting of the Board of the State Tax Service, dedicated to the results of the agency for the first quarter of this year.

According to the head of the department Almambet Shykmamatov, in the first quarter of 2025 collected 82 billion 966. 7 million KGS of taxes and insurance contributions.

The...

Energy Industry

22.04.2025

Vostochny RPS carries out overhaul at 111 transformer substations

As part of the preparation of electrical equipment for the autumn-winter period 2025-2026. Vostochny RPS of Bishkek PES a branch of JSC NESK is carrying out repairs of electrical equipment.

Thus, according to the plan of repair works, power engineers will carry out overhaul of 111 transformers and more than 78...

As part of the preparation of electrical equipment for the autumn-winter period 2025-2026. Vostochny RPS of Bishkek PES a branch of JSC NESK is carrying out repairs of electrical equipment.

Thus, according to the plan of repair works, power engineers will carry out overhaul of 111 transformers and more than 78...

Agriculture

22.04.2025

Kyrgyzstan sows 9.2 thousand hectares more wheat than last year

Across the country, wheat was sown on 9.2 thousand hectares more than in the same period last year.

Currently, spring field work is actively continuing in the Batken, Osh, Jalal-Abad, Chui, Talas and Issyk-Kul regions. To date, sowing works have been carried out on the area of 248.6 thousand hectares.

The Ministry...

Across the country, wheat was sown on 9.2 thousand hectares more than in the same period last year.

Currently, spring field work is actively continuing in the Batken, Osh, Jalal-Abad, Chui, Talas and Issyk-Kul regions. To date, sowing works have been carried out on the area of 248.6 thousand hectares.

The Ministry...

Manufacturing industry

22.04.2025

27 foreigners illegally employed in sewing workshop in Bishkek

Security services have uncovered the illegal employment of foreign citizens in a sewing workshop in Bishkek, the press centre of the State Committee for National Security reported.

"During measures to combat illegal migration, it was discovered that 27 foreigners were working without the appropriate permits in one of the capital’s sewing...

Security services have uncovered the illegal employment of foreign citizens in a sewing workshop in Bishkek, the press centre of the State Committee for National Security reported.

"During measures to combat illegal migration, it was discovered that 27 foreigners were working without the appropriate permits in one of the capital’s sewing...

22.04.2025

Naryn region becomes absolute leader in industrial growth in Kyrgyzstan

In the first two months of the year, industrial production in the Naryn region increased significantly almost 2.5 times compared to the same period last year. If in January-February 2024, the region's enterprises produced goods worth KGS 952 million, this year already worth KGS 2 billion 419 million.

This is the...

In the first two months of the year, industrial production in the Naryn region increased significantly almost 2.5 times compared to the same period last year. If in January-February 2024, the region's enterprises produced goods worth KGS 952 million, this year already worth KGS 2 billion 419 million.

This is the...

Communications and Transportation

22.04.2025

Kyrgyzstan remains among TOP-3 suppliers of new cars to Russia

At least 71,900 new cars were imported to Russia in the first quarter of 2025. Executive Director of the analytical agency Avtostat Sergei Udalov reported at FinAuto-2025 Auto Business Forum.

According to him, this is 66 percent less than the figure for the same period in 2024.

Most often, cars were imported...

At least 71,900 new cars were imported to Russia in the first quarter of 2025. Executive Director of the analytical agency Avtostat Sergei Udalov reported at FinAuto-2025 Auto Business Forum.

According to him, this is 66 percent less than the figure for the same period in 2024.

Most often, cars were imported...

22.04.2025

Rehabilitation work continues on North-South motorway after rockfall

Due to heavy rains, a rockfall occurred on the Aral-Kazarman section of the North-South alternative road 287-288 kilometres long, blocking both directions of the road.

Workers of the road maintenance enterprise No. 18 attracted the necessary special equipment and opened one lane of the road.

The estimated volume of stones that fell...

Due to heavy rains, a rockfall occurred on the Aral-Kazarman section of the North-South alternative road 287-288 kilometres long, blocking both directions of the road.

Workers of the road maintenance enterprise No. 18 attracted the necessary special equipment and opened one lane of the road.

The estimated volume of stones that fell...

Regional News

22.04.2025

Russian market starts week positively

On Monday, April 21, the Moscow Exchange index was able to show positive dynamics. Investors expect further progress in negotiations on the conflict in Ukraine. In particular, market participants were encouraged by the Easter truce, although it was not extended, Trump's regular positive statements about the possibility of an early...

On Monday, April 21, the Moscow Exchange index was able to show positive dynamics. Investors expect further progress in negotiations on the conflict in Ukraine. In particular, market participants were encouraged by the Easter truce, although it was not extended, Trump's regular positive statements about the possibility of an early...

22.04.2025

Russian Ministry of Economic Development raises its forecast for industrial production growth

The Ministry of Economic Development raised the forecast for industrial production growth in Russia in 2025 to 2.6% from 2.0% in the September version, while lowering the forecast for fixed asset investment growth to 1.7% from 2.1%, a representative of the ministry told reporters. According to him, the ministry submitted...

The Ministry of Economic Development raised the forecast for industrial production growth in Russia in 2025 to 2.6% from 2.0% in the September version, while lowering the forecast for fixed asset investment growth to 1.7% from 2.1%, a representative of the ministry told reporters. According to him, the ministry submitted...

22.04.2025

Money supply in Russia decreases by 1% in March

The money supply (M2 aggregate) in Russia in March 2025 decreased by 1 trillion 192.0 billion rouble, or 1.0%, to 116 trillion 505.6 billion rouble after growing by 1.0% in February, according to information on the website of the Central Bank of Russia.

The annual growth rate of the money supply...

The money supply (M2 aggregate) in Russia in March 2025 decreased by 1 trillion 192.0 billion rouble, or 1.0%, to 116 trillion 505.6 billion rouble after growing by 1.0% in February, according to information on the website of the Central Bank of Russia.

The annual growth rate of the money supply...

22.04.2025

Trading on Chinese stock exchanges ends with increase in quotations

Trading on Chinese stock exchanges ended today with an increase in quotations. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increased by 0.45 percent. compared to the results of the previous trading day, it amounted to 3,291.43 points.

The Shenzhen component indicator, which is an indicator of...

Trading on Chinese stock exchanges ended today with an increase in quotations. The Shanghai Composite index, reflecting the situation on the Shanghai Stock Exchange, increased by 0.45 percent. compared to the results of the previous trading day, it amounted to 3,291.43 points.

The Shenzhen component indicator, which is an indicator of...