Day: 18 October 2024

Kyrgyzstan doubled exports of goods in summer 2024

Kyrgyzstan increased its exports of goods by 2.1 times in August 2024, compared to August 2023, according to data from the National Statistical Committee. In August 2024, exports were worth $519.7 million. In total, from...

How will the labeling of fuels and lubricants affect people, businesses, and the environment of Kyrgyzstan?

It is unknown how the marking of fuels and lubricants can affect people, businesses and the environment of Kyrgyzstan, so oil traders are asking the authorities to postpone its implementation. This was reported to Vesti.kg...

EAEU and China work on digitalization of rail freight transportation

The EAEU and China discussed the program for digitalization of freight transportation and expansion of the Eurasian Agroexpress project. This was reported by the press service of the EEC. A meeting was held between the...

Kyrgyzstan and Pakistan intend to increase trade turnover to $100 million

Chairman of the Cabinet of Ministers Akylbek Japarov met with Pakistani Prime Minister Shehbaz Sharif in Islamabad as part of the meeting of the heads of government of the SCO member states. This was reported...

The Ministry of Finance plans to allocate 4.9 billion soms of budget funds to the Ministry of Transport in 2025

The Ministry of Transport’s budget expenditures for 2025 are projected to be 4.9 billion soms. The Ministry of Finance provides this data in the explanatory report to the draft republican budget for 2025. According to...

Volume of Islamic-Based Financing Growing in Kyrgyzstan

The volume of financing (lending) based on Islamic principles increased by 11.2 percent in the first eight months of this year, the National Bank reports. At the end of August, it amounted to 6.7 billion...

The National Bank of the Kyrgyz Republic’s gold and foreign exchange reserves have grown by 1.5 times in less than a year

The volume of gold and foreign exchange (international) reserves of the National Bank of the Kyrgyz Republic at the end of September was estimated at 4 billion 301.7 million dollars. Over the month, it has...

In 2023, the volume of freight traffic with the EAEU countries reached a record high — Deputy Head of Russian Railways

SCO, BRICS and EAEU partners are actively forming additional routes and working out new logistics solutions, said the CEO of Russian Railways. In 2023, the volume of freight traffic with the EAEU countries set a...

Percentage of the republican budget for the Ministry of Education and Science of the Kyrgyz Republic

For 2023, the Ministry of Education and Science of the Kyrgyz Republic, as well as primary vocational education institutions, have been allocated 52 billion soms from the republican budget according to the revised annual plan....

On the activities of the working group on improving the project of banking support of contracts in the field of public procurement in the Kyrgyz Republic

In June 2023, based on the appeal of suppliers and contractors operating in the construction industry, a working meeting was organized with the Minister of Finance of the Kyrgyz Republic A. Baketayev. Following the results...