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Finance 10/03/2008 NBU, IDB sign memorandum of understanding

The IDB agreed to extend the second line of credit line to support small and medium businesses in key sectors of industries, such as agriculture, processing of fruits and vegetables, textile industry and others.

The bank issued US$15 million to the NBU to support small and medium business and the Uzbek bank said it was successful.

The new project envisages to impact agriculture and industrial production, creation of new jobs and attraction of foreign investments.

The NBU said the loan agreement will be signed in near future.
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