Kyrgyzstan, where Islamic finance is already developing at the banking and legislative levels, may gain additional opportunities thanks to a new partnership between the Eurasian Development Bank (EDB) and AAOIFI. The organizations agreed to develop Islamic finance and implement international standards in Central Asia.
Kyrgyzstan is experiencing a shortage of AI-95 and AI-98 gasoline. Kanatbek Eshatov, head of the Oil Traders Association, told 24.kg news agency.
Total assets of Kyrgyzstan’s banking sector have increased by 28.6 percent since the beginning of 2026. At the end of April, they stood at 1,558.1 trillion soms.
It is planned to introduce licensing for tourism-related activities in Kyrgyzstan. Eduard Kubatov, Director of the State Agency for Tourism Development of the Kyrgyz Republic, stated at a meeting of the Zhogorku Kenesh during a discussion of the draft law on the development of geoparks.
Official delegations from Kyrgyzstan and Portugal are holding negotiations on a draft agreement aimed at avoiding double taxation and preventing tax evasion with respect to income taxes.