Economic growth rate in 2020 becomes lowest in last 20 years
In 2020, the growth rate of the economy fell by 8.6 percent due to the coronavirus pandemic. The President of Kyrgyzstan Sadyr Japarov announced a press conference today. 24.kg »
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ADB to allocate $80 million to support economic diversification in Kyrgyzstan
The Asian Development Bank (ADB) has approved an $80 million policy-based lending program to support efforts to diversify the Kyrgyz Republic’s economy. 24.kg »
2021-9-24 07:45
High potential, no development: Investor about economic situation in Kyrgyzstan
The economic situation in Kyrgyzstan has long been sad. It only got worse last year due to the coronavirus pandemic. At the same time, there are investment projects that somehow keep the country afloat, but they are also at risk now. 24.kg »
2021-9-11 09:07
First European Union - Central Asia Economic Forum to be held on November 5
The Minister of Foreign Affairs of the Kyrgyz Republic Ruslan Kazakbaev had a telephone conversation with the European Union’s Special Representative for Central Asia Terhi Hakala. The Information Department of the Ministry of Foreign Affairs of Kyrgyzstan reports. 24.kg »
2021-9-2 15:17
Akylbek Japarov plans to step up trade and economic development with Belarus
Deputy Prime Minister - Minister of Economy and Finance of Kyrgyzstan Akylbek Japarov met with the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Kyrgyz Republic Andrei Strachko. Press service of the ministry reported. 24.kg »
2021-9-2 07:16
Economic Forum in St. Petersburg: Why Kyrgyzstan is not represented
The annual St. Petersburg International Economic Forum (SPIEF) is starting its work today in St. Petersburg (Russia). It will be held in in-person format with the participation of the President of Russia. 24.kg »
2021-6-2 07:30
Bishkek to host European Union - Central Asia Economic Forum
Foreign Affairs Minister of Kyrgyzstan Ruslan Kazakbaev met with the European Union Special Representative for Central Asia, Ambassador Peter Burian on the occasion of completion of his mission. 24.kg »
2021-6-1 14:54
Foreign economic activity of Kyrgyzstan to remain suppressed in 2021
Foreign economic activity will remain suppressed in 2021 in Kyrgyzstan. Such forecast is made by the Eurasian Development Bank. 24.kg »
2021-5-15 07:16
Import-dependent industries to benefit from regional economic recovery
«Import-dependent industries such as manufacturing, construction and mining will benefit from recovery of the regional economy and boost Kyrgyzstan’s growth,» Kanokpan Lao-Araya, Director of the Asian Development Bank’s office in the Kyrgyz Republic, said. She presented a forecast for development of the republic. 24.kg »
2021-5-12 15:03
President's message: What economic reforms Sadyr Japarov proposes
The President signed the Constitution of the Kyrgyz Republic, adopted in a referendum on April 11, today. 24.kg »
2021-5-5 09:32
Ex-head of Chon Kazat to become Minister of Eurasian Economic Commission
The Heads of Government of the countries of the Eurasian Economic Union supported the candidacies of new members of the Board of the Eurasian Economic Commission (EEC) from Kyrgyzstan. Press service of the EEC reported. 24.kg »
2021-5-1 07:46
March results: Economic situation gets worse, prices grow
While the authorities of Kyrgyzstan are changing the Constitution and holding elections, the situation in the country is deteriorating. Drop in GDP continues, as well as the rise in prices for almost all products. 24.kg »
2021-4-19 10:50
Slow COVID-19 vaccination to delay economic recovery in Kyrgyzstan
Slower-than-expected vaccination of the population or emergence of new strains of COVID-19 virus could delay economic recovery until 2022 in the Kyrgyz Republic. 24.kg »
2021-4-2 07:53
Protracted economic recovery to pre-crisis level expected in Kyrgyzstan
Protracted recovery of economy to the pre-crisis levels is expected in Kyrgyzstan amid the pandemic and social and political phenomena. Aigul Berdigulova, a Senior Analyst at the Country Analysis Center of the Eurasian Development Bank, said. 24.kg »
2021-3-31 15:26
Kyrgyzstan takes 78th place in Index of Economic Freedom 2021
Kyrgyzstan took the 78th place in the Index of Economic Freedom 2021, compiled by Heritage Foundation. 24.kg »
2021-3-6 11:04
Business community concerned about pressure on economic entities in Kyrgyzstan
Business is particularly concerned about the work of the state commission to study efficiency of the development of Kumtor gold mine. The International Business Council (IBC) reports. 24.kg »
2021-3-6 18:02
Global economic recovery expected due to mass vaccination against COVID-19
«We expect an economic upturn, which will be a result, among other things, of mass vaccination,» Evgeny Vinokur, Chief Economist at the Eurasian Development Bank said. 24.kg »
2021-2-4 08:40
Kyrgyzstan amends law on economic amnesty
Acting President of Kyrgyzstan Talant Mamytov signed a law amending some legislative acts on economic amnesty. Press service of the head of state reported. 24.kg »
2021-1-5 17:19
Artem Novikov: Economic reforms require new approaches
«Economic reforms require new approaches,» acting Prime Minister of Kyrgyzstan Artem Novikov said at a meeting of the Council for Economic Reforms. 24.kg »
2020-12-30 14:37
Parliament of Kyrgyzstan adopts law on economic amnesty
Three deputies of the Parliament of Kyrgyzstan voted against the law on economic amnesty. Dastan Bekeshev, Aisuluu Mamashova and Natalya Nikitenko voted against it. 24.kg »
2020-12-23 15:15
Economic amnesty: What crimes will fall under the law
The draft law on economic amnesty was sent to voting in the first reading. The Parliament of Kyrgyzstan considered this initiative at its meeting today. 24.kg »
2020-12-17 17:42
Heads of EAEU approve directions of Eurasian integration until 2025
The Heads of State of the Eurasian Economic Union (EAEU) approved the Strategic Directions for the Development of Eurasian Economic Integration until 2025. The decision was made yesterday at a meeting of the Supreme Eurasian Economic Council. 24.kg »
2020-12-12 09:00
Moody’s predicts 6 percent economic decline in Kyrgyzstan in 2020
Moody’s basic forecasts assume a sharp decline in the Kyrgyz economy - up to 6 percent by the end of 2020. Agency’s statement says. 24.kg »
2020-11-28 15:36
Strategic directions of Eurasian integration until 2025 approved
The Council of the Eurasian Economic Commission (EEC) approved the draft decision of the Supreme Eurasian Economic Council on Strategic Directions for Development of Eurasian Economic Integration until 2025 at a meeting on November 23. The press service of EEC reports. 24.kg »
2020-11-25 08:02
Economic amnesty: Sadyr Japarov is optimistic and is waiting for funds
The economic amnesty will start working in full swing after adoption of the relevant law. Sadyr Japarov said live on one of the TV channels. 24.kg »
2020-11-24 11:01
Kyrgyzstan and Uzbekistan plan to create free economic zone in border area
A telephone conversation took place between the acting Prime Minister of Kyrgyzstan Artem Novikov and the Deputy Prime Minister of Uzbekistan Sardor Umurzakov. The Information Support Department of the Cabinet of Ministers reported. 24.kg »
2020-11-20 11:26
Economic amnesty in Kyrgyzstan: Four people compensate over 382 million
The persons involved in four criminal cases compensated the damage to the state within the framework of an economic amnesty. Prosecutor General of Kyrgyzstan, Kurmankul Zulushev, announced this today. 24.kg »
2020-11-4 16:27
Sergei Glazyev proposes to form Eurasian monetary and financial system
Sergei Glazyev, Minister for Integration and Macroeconomics of the Eurasian Economic Commission (EEC), voiced his proposals for creation of a monetary and financial system of the Eurasian Economic Union based on national currencies. The Eurasian Economic Commission reported. 24.kg »
2020-10-28 07:52
Sadyr Japarov: Economic situation is not the best
«I will honestly say that today’s economic situation is not the best,» the acting President, Prime Minister of Kyrgyzstan Sadyr Japarov said today at a meeting of the Council for Business Development and Investment. 24.kg »
2020-10-23 13:53
Sadyr Japarov announces economic amnesty
«With the powers granted to me, I officially declare an economic amnesty,» the acting President and Prime Minister of Kyrgyzstan Sadyr Japarov said in his appeal. 24.kg »
2020-10-21 14:17
63 % of Kyrgyzstanis assess economic situation of their families as moderate
At least 63 percent of Kyrgyzstanis assess economic situation of their families as moderate. Such data are presented in a study by SIAR Research and Consulting, which was ordered by the Center for Insights in Survey Research of the International Republican Institute. 24.kg »
2020-9-5 12:30
Kubat Umurzakov: To get out of crisis, Kyrgyzstan needs to work with EAEU
«Kyrgyzstan needs to work more in the Eurasian Economic Union. In the new conditions, it is important to get out of the crisis,» an expert Kubat Umurzakov said today at an online conference dedicated to the prospects of economic development of Central Asian countries in the context of the pandemic and the global economic crisis. 24.kg »
2020-9-4 17:10
Free Economic Zone of Bishkek. Unfulfilled hopes of the economy
Foreign investment is the key to development in many countries, especially those as small as Kyrgyzstan. However, despite constant claims by politicians that they are doing their utmost to attract investment, local laws crush investors like a vise. 24.kg »
2020-6-5 12:31
EAEU to have equal conditions in paying VAT on union goods, from third countries
The Supreme Eurasian Economic Council approved amendments to the treaty on the Eurasian Economic Union, which provide for the establishment of equal conditions for the collection of VAT for goods of the union and third countries imported into the free economic zones (FEZ) of the Russian Federation. The Eurasian Economic Commission reported. 24.kg »
2020-5-22 06:38
Fines offered for failure to remove barriers in EAEU
President of Kyrgyzstan Sooronbai Jeenbekov proposed to give the Board of the Eurasian Economic Commission the right to apply to the Eurasian Economic Union court for imposing penalties, if barriers are not removed. 24.kg »
2020-5-20 07:22
Kyrgyzstan plans to resume all types of economic activity from June 1
It is planned to resume all activities in the economic and social spheres with strict observance of sanitary and epidemiological standards in Kyrgyzstan from June 1. The Republican Emergency Response Center to Combat COVID-19 reports. 24.kg »
2020-5-19 15:16
President instructs to support economic sectors affected by COVID-19
President of Kyrgyzstan Sooronbai Jeenbekov received the Chairman of the National Bank Tolkunbek Abdygulov. Press service of the head of state reported. 24.kg »
2020-5-10 12:03
President of Kyrgyzstan reminds about development of long-term economic concept
The macroeconomic situation, measures to support entrepreneurship in the state of emergency and emergency situation, plans for the post-pandemic period were discussed by the President of Kyrgyzstan Sooronbai Jeenbekov at a meeting with the Vice Prime Minister Erkin Asrandiev. Press service of the head of state reported. 24.kg »
2020-4-18 17:46
Expert predicts protracted economic crisis in Kyrgyzstan
«There is a catastrophic structural breakdown of the model in which we got used to live in Kyrgyzstan,» an economist Azamat Akeneev said during an online conference today. 24.kg »
2020-4-13 15:54
IMF head predicts worst economic crisis since the Great Depression
The head of the IMF predicted the worst economic crisis since the Great Depression. RIA Novosti reports. 24.kg »
2020-4-10 13:29
Kyrgyzstan has to solve coronavirus problems for economic growth
To support economic growth, Kyrgyzstan has to solve problems with COVID-19 and trade disruptions. New Asian Development Outlook 2020 by the Asian Development Bank says. 24.kg »
2020-4-6 11:41
WTO: Economic recession due to coronavirus could be worse than 2008 crisis
The economic recession caused by the coronavirus pandemic could be worse than the 2008 global financial crisis, said Roberto Azevedo, head of the World Trade Organization (WTO). RIA Novosti reported. 24.kg »
2020-3-27 06:14
Bishkek City Hall forms headquarters for economic stability
The Bishkek City Hall has formed a city headquarters for economic stability in order to minimize negative effects of external factors associated with the spread of coronavirus and ensure economic stability in the capital. Press service of the City Hall reported. 24.kg »
2020-3-18 12:18
China is main economic threat to Kyrgyzstan, citizens believe
Kyrgyzstanis consider China as the main economic threat to the republic. Results of a survey say. 24.kg »
2020-2-15 10:45
Damage from economic crimes amounts to 6.7 billion soms in Kyrgyzstan
According to the results of 2019, the damage from economic crimes amounted to 6,706.9 billion soms. The State Service for Combating Economic Crimes of Kyrgyzstan provides such data. 24.kg »
2020-2-11 06:20
Zina Asankozhoeva no longer represents Kyrgyzstan in CIS Economic Council
Zina Asankozhoeva was dismissed from the post of Plenipotentiary Representative of Kyrgyzstan in the Commission on Economic Issues at the CIS Economic Council. The Information Policy Department of the Presidential Administration of Kyrgyzstan reported. 24.kg »
2020-2-4 14:24
Ex-vice mayor of Bishkek to become envoy to CIS Economic Council
Aigul Ryskulova will become Plenipotentiary Representative of Kyrgyzstan in the Commission on Economic Issues at the CIS Economic Council. Her candidacy was approved by the Committee on International Affairs, Defense and Security of the Parliament of Kyrgyzstan. 24.kg »
2020-1-28 16:04
Results of 2019. Economy of Kyrgyzstan continues to depend on gold
The National Statistical Committee of Kyrgyzstan presented preliminary results of economic development of Kyrgyzstan in 2019. The results turned out to be slightly higher than experts predicted. However, an economic breakthrough did not happen. 24.kg »
2020-1-17 13:11
New EEC composition to be discussed at Supreme Eurasian Economic Council meeting
Candidates for the post of a new Chairman and Members of the Board of the Eurasian Economic Commission (EEC), who will begin to fulfill their duties on February 1, 2020, will be agreed at the meeting of the Supreme Eurasian Economic Council. Press service of the President of Russia reported. 24.kg »
2019-12-20 10:46
Kumtor to restrain economic growth in Kyrgyzstan until the end of year
«In the remaining month of 2019, a decrease in gold production at Kumtor mine will continue to have a restraining effect on economic activity and GDP growth,» said Anatoly Kharitonchik, Chief Specialist of the Economic Analysis Department of the Eurasian Development Bank, said to 24.kg news agency. 24.kg »