About US$3 million will be allocated to each of four Uzbek banks - the Uzbek National Bank for Foreign Economic Activity, the Asaka Bank, Uzpromstroybank and Pakhta Bank, on reduced interest rate that does not exceed 5% a year.

The Uzbek Reconstruction and Development Fund, in the beginning of 2009, will open credit lines worth US$12 million in total for these four Uzbek banks. The funds are aimed at allocating loans to investment projects on buying modern technologies and equipment from foreign countries with the aim of producing goods that will substitute imported ones and will also be exported.

The decision was adopted line with the state programme on supporting real sector of the economy.