Additional 1 billion UZS allocation for financing women's business projects in 2022

In pursuance with the Resolution of the President of the Republic of Uzbekistan dated March 10 "On measures to further accelerate the work on systemic support of families and women" to finance women's business projects under the Family Entrepreneurship Development Program 2022 An additional 1 trillion UZS will be allotted per year.

In 2022, the coordinators of the Family Business Development Program will ensure that a total of 4 trillion UZS of the program will be directed to women who want to initiate a business, earn a living and expand their activities.

The Ministry of Investment and Foreign Trade will also provide $ 300 million US in financial resources from international financial institutions over three months to support the establishment and development of women's entrepreneurship.

What is more, from April 1, 2022, the amount of subsidies for female entrepreneurs will boost from 7 million to 10 million UZS. At least 40% of the products made by women entrepreneurs are placed in the craft centers of the Craftsmen's Association.