Entrepreneurs receive loans up to 5 billion soums

At the meeting, additional measures were taken to further support business and entrepreneurship in the current difficult situation.

It was noted that from the previously allocated and returned 360 billion soums in the services sector, only 9 billion soums (or 3 percent) have been directed to new projects so far.

For the development of services, banks were instructed to leave unchanged the previous interest rates (10 percent) on the resources allocated to them.

In order to expand the compensation payments of the entrepreneurial fund to entrepreneurs, the fund was assigned the task of directing 400 billion soums, and then another 500 billion soums.

In addition, from the 200 million dollar account attracted by the National bank for the services sector, up to 5 billion soums of loans are allocated to entrepreneurs. In this case, the loan rate does not exceed 18 percent with the compensation of the entrepreneurial fund.

Until 1 December, it was established that the above-mentioned funds should be given to full entrepreneurs.