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President of Uzbekistan Islam Karimov signed a law "On introduction of changes and amendments some legislative acts of Uzbekistan" on 4 September.
Legislative Chamber of Oliy Majlis of Uzbekistan passed the law on 23 August 2014, the Senate approved it on 28 August 2014.
The document introduced changes to law “On microfinancing”.
According to amendments, the organizations, providing microfinance organizations, should consider credit application within three days after receiving it. Earlier, the credit organizations should consider the application within ten days.