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Economy 07/01/2022 10 trillion soums allocated to finance projects for artisans
10 trillion soums allocated to finance projects for artisans

Tashkent, Uzbekistan (UzDaily.com) -- Presidential Resolution "On measures to further improve the support system for handicrafts" was adopted.

In accordance with the Resolution of the President "On additional measures to develop family entrepreneurship and expand the sources of income of the population", 10 trillion soums are allocated to finance projects.

Within the framework of family entrepreneurship development programs in 2022, preferential loans at a rate of 14% per annum are allocated to members of the Hunarmand Association - for the purchase of equipment, spare parts and raw materials for production needs, the creation of handicraft development centers, Usta-Shogird schools, construction of houses - museums and workshops or the acquisition of buildings and structures for these purposes - for a period of up to 3 years and to replenish working capital - for a period of up to 18 months.

The document determined that:

- in 2022, 500 billion soums allocated within the framework of family entrepreneurship development programs will be used to finance handicraft projects;

- soft loans are provided with the ability to receive cash;

- funds received from the repayment of preferential loans issued to artisans in previous years will be redirected to finance new artisan projects;

- Association "Hunarmand" together with commercial banks will create a system of constant monitoring and control over the efficient use and timely return of preferential loans.

At the same time, a separate section on the allocation of preferential loans within the framework of family business development programs for the online queue of artisans and lending to their projects will be launched on the oilakredit.uz electronic platform.

Since 2022, subsidies have been issued at the expense of the Fund for Engaging the Population in Entrepreneurship:

- artisans teaching young people crafts in the tradition of “Usta-shogird” - in the amount of at least 2 sizes of basic estimated value within 6 months for training students, purchasing the necessary raw materials and providing students with a salary;

- for students - for the purchase of equipment and supplies for starting their own business, as well as for masters for creating websites - no more than 25 sizes of basic estimated value.

 

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