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Economy 22/02/2023 Small businesses to be provided with an unsecured loan up to 50 million soums
Small businesses to be provided with an unsecured loan up to 50 million soums

Tashkent, Uzbekistan (UzDaily.com) -- In order to further improve the environment for small businesses and entrepreneurship in mahallas, to continue providing employment for youth and women with income-generating work:

- in 2023, 13 trillion soums will be allocated to finance projects within the framework of family business development programs;

- Loans are allocated on a priority basis to the population and business entities that have not previously used loans under the programs;

- unsecured loans up to 50 million soums will be provided to dekhkan farms and small businesses;

- on the recommendation of the hokim's assistant, a part of up to 10 million soums of the loan amount (for artisans - up to 20 million soums) is transferred to bank cards (with a restriction on the possibility of cashing out);

- within the framework of the programs, the procedure for allocating loans at a rate of 14 percent per annum will be maintained.

 

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