BISHKEK, Kyrgyzstan, January 5. The Hungarian-Kyrgyz Development Fund (HKDF) has allocated an $8 million sub-loan to the Zhazy Hydro Kyrgyz company as part of a $14 million credit facility aimed at …
Kyrgyzstan discloses inflation target for 2025
BISHKEK, Kyrgyzstan, December 31. The National Bank of Kyrgyzstan plans to keep inflation within the target range of 5-7 percent in 2025, Trend reports.
Economy in focus: Kyrgyzstan
The solid growth of recent years continues, but Kyrgyzstan is still playing economic catch up with most of its neighbours. Diversification—especially into tourism—would help.
Kyrgyzstan approves national export program for 2025–2028
BISHKEK, Kyrgyzstan, January 3. Kyrgyzstan Cabinet of Ministers has approved the “Made in Kyrgyzstan” national export program for 2025–2028, Trend reports.
China, Kyrgyzstan, and Uzbekistan to build railway bypassing Russia
The construction process has begun for a railway that will connect China, Kyrgyzstan, and Uzbekistan, bypassing Russia. The new railway will facilitate the transportation of goods from China through …
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Crypto mining tax revenue fell by over 50% for Kyrgyzstan, netting just over $535,000 for the country’s budget.
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Crypto mining tax revenue fell by over 50% for Kyrgyzstan, netting just over $535,000 for the country’s budget.
Cryptocurrency Mystery in Kyrgyzstan: Why Are Mining Revenues Plummeting Amid a Crypto Surge?
Kyrgyzstan imposes a 10% tax on the electricity used by cryptocurrency miners, inclusive of value-added and sales taxes. The country is considered an attractive location for such operations due to its …
Public budget revenues of Kyrgyzstan pass 400 billion soms
Public budget revenues amounted to 415 billion soms in January-November 2024, according to the Ministry of Finance …
Kyrgyzstan ratifies grant agreement with the EDB for schools’ construction
BISHKEK, Kyrgyzstan, December 25. The President of Kyrgyzstan, Sadyr Zhaparov, has signed a law ratifying the grant agreement between Kyrgyzstan and the Eurasian Development Bank (EDB), Trend reports …