Bishkek, Oct. 7, 2026 /Kabar/. Adylbek Kasymaliev, Chairman of the Cabinet of Ministers and Head of the Presidential Administration of the Kyrgyz Republic, held a staff meeting and subsequently issued a series of directives to government agencies.
Cabinet of Ministers head noted that the execution of the revenue side of the republican budget showed strong results for the first nine months of 2026.
"Republican budget revenues totaled 608.1 billion soms, exceeding the projected figure by 22.7 billion soms. The target was met by 103.9%. Revenues collected by the State Tax Service amounted to 259.8 billion soms (103.6% of the target), while revenues collected by the State Customs Service totaled 139 billion soms (104.6% of the target). Through the end of the year, alongside maintaining this positive momentum, it is essential to ensure the fulfillment of budget revenue targets and the timely, effective utilization of allocated funds," he said.
Adylbek Kasymaliev emphasized that the upgrade of the Kyrgyz Republic’s sovereign credit rating by the international agency Moody’s—from B3 to B2 with a "stable" outlook—serves as a significant validation of the economic and financial policies currently being implemented. "Moody’s has noted our country's steady economic growth and diversification, the rise in GDP per capita, large-scale infrastructure investments, the strengthening of public finances, and a reduction in the government debt-to-GDP ratio. This rating upgrade bolsters international investor confidence in Kyrgyzstan and creates broader opportunities to attract long-term financing to the country," he said.
Chairman added that the inflow of foreign direct investment into Kyrgyz Republic during the first half of the year totaled $709.9 million, an increase of 26.2% compared to the same period in 2025. Investment inflows rose in sectors such as manufacturing (up 21.3%), mining (up 7.1%), wholesale and retail trade (up 57.6%), financial intermediation and insurance (up 5.9%), professional, scientific, and technical activities (up 17.7%), and information and communication (up 19.5%).
"The National Investment Agency needs to step up its efforts to attract foreign direct investment. Between January and June 2026, the number of tourists increased nearly 1.4-fold compared to the same period in 2025, reaching 1.9 million people. Preliminary estimates place the gross value added generated by the tourism sector at 34.1 billion soms, a 26.7% increase over the same period in 2025. We must intensify efforts to attract foreign tourists, extend the duration of their stays, improve the quality of services provided, and develop tourism infrastructure." "Particular attention must be paid to ensuring tourist safety, preparing for the winter season, maintaining roads in proper condition, and promoting Kyrgyzstan’s winter tourism potential in international markets," he said, issuing a series of directives to the relevant government agencies.
During the meeting, Adylbek Kasymaliev also raised the issue of state oversight regarding the land reclassification process. He noted that over 67,000 hectares of land across the country’s districts had been reclassified, yet 24,000 hectares of that total were not being fully utilized. Following the meeting, he issued instructions to the relevant state and local authorities, including mandates to establish digital records for every reclassified land plot, exercise strict control over land policy, and conduct a comprehensive inventory of the reclassified lands.
