US$300 million to be allocated to the development of family businesses

Tashkent, Uzbekistan (UzDaily.uz) -- A Presidential resolution “On additional measures to support family business development programs” was adopted.

According to the document, in 2023, in order to finance projects under family business development programs, according to a separate approved distribution, funds in the equivalent of US$300 million at a rate of 10 percent for a period of for 7 years with a 3-year grace period.