Tashkent, Uzbekistan (UzDaily.com) -- At an electronic exchange trading, the state-owned 25% stake in the authorized capital of Kafolat insurance company was sold for 22.59 billion soums. This was reported by the press service of the State Assets Management Agency.

It was planned to sell 25% of the state share in Kafolat Sugurta Companies in accordance with the Decree of the President of the Republic of Uzbekistan from 29 April 2019 “On measures to further improve the mechanisms for attracting foreign direct investment in the economy of the republic”.