Kyrgyz President Sadyr Japarov has abolished the vehicle property tax in the country, replacing it with a fuel-based levy.
Debt manoeuvres to balance the books in Biškek
In order to reduce foreign borrowing, Kyrgyzstan plans to collect more than USD 1.1 billion from the population. While its budget is periodically refinanced with huge sums, raised as a result of …
Investments of international financial organizations in digital infrastructure of Kyrgyzstan reach $22.5 million in 8 years
The volume of financing into digital infrastructure of Kyrgyzstan by international financial corporations amounted to $22 …
Hungarian-Kyrgyz Fund provides subloan for new hydroelectric project in Kyrgyzstan
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.