Adopted Presidential Decree “On additional measures to further improve the activities of the State Fund for Support of Entrepreneurial Activities” (UP No. 150 of 09.06.2022).
According to the Decree, from July 1, 2022, the State Fund for Business Support provides compensation for up to three years to cover part of the interest rate, exceeding the base rate but not exceeding 30 percent of the base rate, loans and leasing allocated for projects of small businesses, the total cost of which does not exceed 5 billion soums, interest rate – does not exceed 1.5 times the size of the main rate of the Central Bank.
The Fund provides surety on loans from commercial banks:
Compensation and sureties of the Fund are provided to small businesses for loans and leasing of commercial banks only in national currency.
Financial assistance applies only to one project of one entrepreneur, if the debt on the loan to which the contract applies is fully repaid, the entrepreneur has the right to re-apply to the Fund for financial assistance.