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    Uzbekistan

    Uzbekistan to direct $300 mln to boost family-oriented business

    Uzbekistan to direct $300 mln to boost family-oriented business

    The presidential decree "On additional measures to support family business development programs" envisions an allocation of 300 million US dollars from the Recovery and Development Fund to Agrobank ADB, Mikrokreditbank ADB and AT Xalq Bank for the financing of family business development projects in 2023 with a 3-year grace period at a 10 per cent rate for 7 years.

    The measures are expected to create workplaces and increase employment and income sources of the population within the framework of family entrepreneurship development programs.

    The document has come into force from January 26.

    29.01.2023, 21:12   Comments (0)   1079
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