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    Kyrgyzstan

    Kyrgyzstan open to global cooperation in fintech and digital economy, says PM Kasymaliev

    Kyrgyzstan open to global cooperation in fintech and digital economy, says PM Kasymaliev

    Kyrgyzstan is embracing a new digital era, with the government calling for international cooperation, investment, and experience exchange in digital finance.

    Source: Cabinet of Ministers
    Source: Cabinet of Ministers

     

    Prime Minister and Head of the Presidential Administration of the Kyrgyz Republic, Adylbek Kasymaliev, recently announced that Kyrgyzstan is open to international partnerships in the digital finance sector, underlining its commitment to transparency, innovation, and sustainable development.

    Speaking at the 11th Bishkek International Financial Forum, Kasymaliev stressed that the event has become a key platform for exploring the future of finance and fostering cooperation across the Eurasian region.

    “We are on the threshold of a new digital era,” Kasymaliev stated. “Information technologies are reshaping not only the financial sector but also governance and the socio-economic fabric of states.”

    He noted that digitalization remains a strategic priority for Kyrgyzstan and highlighted several national efforts to build a robust and inclusive financial ecosystem. These include the promotion of electronic payments, the development of fintech startups, and digital tools to support small and medium-sized businesses.

    Source: Cabinet of Ministers
    Source: Cabinet of Ministers

     

    One major milestone, Kasymaliev said, was the implementation of a cashless payment system using national standard QR codes integrated with bank cards, e-wallets, and mobile applications — a system in operation since 2023.

    A key highlight of his speech was the recent launch of the Digital Som project, following legislation signed by the president in April 2025.

    “The introduction of the digital som is a strategic initiative that will impact nearly all sectors of the economy,” Kasymaliev said. “This is a major step forward for our digital economy.”

    He expressed confidence that the forum will pave the way for new collaborations and innovations that will influence not only Kyrgyzstan’s financial future but also the broader region.

     

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    30 May, 17:39   Comments (0)   365
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