Economy
Articles: 17
New school worth 230 million som opens in Kara-Talaa
A new school, B. Alakov School, has been commissioned in the village of Kara-Talaa in the Ton district of Issyk-Kul region; its construction cost 230 million som. The event underscores the priority given to education development in state policy.
Ministry of Construction Plans to Introduce External Management at Problem Developers and Pursue Measures Against Their Heads
The Ministry of Construction of Kyrgyzstan intends to introduce external management at construction companies that are unable to complete the construction of apartment buildings. In addition, the agency plans to turn to law enforcement to take measures against the founders and heads of such developers.
Admiral Pharmacy in Bishkek Sealed, Case Handled by State Customs Service Investigative Directorate
In Bishkek, at the intersection of Chyngyz Aitmatov Avenue and Toktogul Street, the Admiral pharmacy has been sealed. The State Customs Service (SCS) Investigative Directorate is handling the case.
Single tax revenues to rise to 53 billion som in 2027
According to the draft republican budget, single tax revenues are expected to reach 53 billion som in 2027, a significant increase compared with the current year and a rise in the tax's share of total budget revenues.
Finance Ministry forecasts non-resident income tax receipts to rise to 20.4 billion som by 2029
The Ministry of Finance has forecast that non-resident income tax receipts to the republican budget will amount to 16.4 billion som in 2027. This figure represents a significant increase compared with the 2026 plans and will continue to grow in subsequent years.
Forecast: Profit tax in Kyrgyzstan to rise to 81.3 billion som in 2027
According to the draft national budget, profit tax revenues in 2027 are projected at 81.3 billion som, a significant increase compared with the plans for 2026. The main growth is expected to come from revenues from mining companies.
Finance Ministry forecasts 1.5 billion som in VAT collection from foreign companies' services in 2026
Kyrgyzstan's Ministry of Finance, within the draft updated republican budget for 2026, expects 1.5 billion som in VAT revenue from electronic services provided by foreign companies. This forecast differs from previously stated figures.
Market analysis: how prices for popular crossovers changed in Kyrgyzstan
An analysis of price changes for popular crossovers in Kyrgyzstan has been conducted, based on data from car websites. The market shows mixed dynamics: some models have become cheaper, while others have risen in price.
Kyrgyzstan Plans to Build 112 Schools and 40 Hospitals by 2027
According to Jogorku Kenesh Speaker Marlen Mamataliev, Kyrgyzstan is planning a large-scale upgrade of its social infrastructure with the construction of 112 new schools and 40 hospitals by 2027.
Collateral valuation in the regions requires taking local specifics into account, economists say
Experts believe that uniform approaches to collateral valuation across the country are ineffective, since regional characteristics vary considerably, which requires drafting new regulatory provisions for the relevant agencies.
Illegal building linked to detention of former emergencies minister Azhikeyev demolished in Baitik
A building that was constructed illegally and led to the detention of former Minister of Emergency Situations Boobek Azhikeyev has been demolished at the weather station site in Baitik. According to the Prosecutor General's Office of Kyrgyzstan, the structure was being built in the water protection zone of the Ala-Archa river.
Russia is not the main engine of Kyrgyzstan's economic success, despite close ties
National Bank Chairman Almaz Baketaev said that despite close economic and cultural ties with Russia, Kyrgyzstan's economic growth does not depend on it. According to him, sanctions against Russia paradoxically gave the country an additional economic impetus.
