RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of January 31, 2023 No. PP-39

About additional measures for raising on new stage of support of business initiatives of the population within development programs of family entrepreneurship

For the purpose of financial support of entrepreneurial initiatives of the population, first of all further improvement of the circle of small business and entrepreneurship in makhallyakh, continuations on system basis of actions for employment of youth and women work, revenue-producing:

1. Direct in 2023 to financing of projects within development programs of family entrepreneurship (further - programs) at least 13 trillion sum and to approve target parameters of these resources by regions according to appendix No. 1.

At the same time within programs 2, of one trillion sum of borrowing facilities it is allocated at the expense of own resources of JSC Hulk banki, JSB Agrobank and JSB Mikrocreditbank (further - authorized banks).

2. Determine that within programs since February 1, 2023:

the credits in priority procedure are allocated to the population and subjects of entrepreneurship which were earlier not possessing the credits according to programs;

for the purpose of assistance of own business to the organization in the agrarian sphere, increase in share of Dehkan farms in production of agricultural products the Dehkan farms and small business entities registered in accordance with the established procedure, which took land of agricultural purpose in long-term lease are granted the unsecured loan to 50 million sum;

the loan amount, the assistants to hokim allocated on the basis of recommendations on the projects of subjects of entrepreneurship directed to expansion of production, the sphere of rendering services and workmanship, and also cooperation with the population and nadomnichestvo in makhallyakh, including the created microcenters, increases from the operating 225 million sum to 300 million sum. At the same time the initiator shall participate in the project with share at least thirty percent;

to the small business entities which adjusted the business, having effectively used the borrowing facilities received earlier within programs and timely made credit payments, repeated use of these credits for further expansion of activities is allowed;

the citizens who are engaged in the activities directed to income acquisition with use of soft credits are classified as self-employed persons by the directions determined by the legislation;

according to the recommendation of the assistant to hokim part to 10 million sum of credit amount (for handicraftsmen - to 20 million sum) is transferred to bank cards (with restriction of possibility of cashing in);

to the citizens and subjects of entrepreneurship who did not repay the allocated credits in time issue of the new credits within programs is not allowed.

3. Determine that:

within programs the procedure for allocation of the credits at the rate of 14 annual interest rates will remain;

part of interest expenses on commercial credits of authorized banks within the means provided by the paragraph the second Item 1 of this resolution becomes covered at the expense of means of the State fund of support of business activity proceeding from actually established size and conditions;

the size of the microcredits in the direction of effective use of garden plots of the population for owners of garden plots by fund of support of farmer, Dehkan farms and owners of garden plots increases to 3 million sum and these microcredits are allocated through the Single electronic platform of development programs of family entrepreneurship;

part of the resources allocated from the Government budget of Fund of reconstruction and development and other funds to financing of programs which will be extinguished in 2023 - 2024 monthly goes to authorized banks for financing of projects within programs.

4. To Central Bank, authorized banks together with the Agency of personalisation, the Ministry of Internal Affairs, work Agency makhallabay and to development of entrepreneurship since June 1, 2023 in the course of allocation of the credit to the population and subjects of entrepreneurship to adjust identification of the borrower based on biometric data in the ID card (the biometric passport).

To the agency of personalisation, the Ministry of Internal Affairs to give practical help to authorized banks in use of biometric data for digital verification of the population and subjects of entrepreneurship.

5. Determine that:

The chairman of the board of Ministers of the Republic of Karakalpakstan, hokima of areas and the city of Tashkent together with commercial banks are responsible for repayment at the scheduled time of the credits allocated according to programs according to their repayment schedule and following the results of every month discuss the carried-out work on collection of the problem credits;

monthly amounts of crediting in regions decrease in proportion to outstanding part of the repayment schedule of the credit;

practice of provision by first deputies of hokim of areas (cities) together with the district (city) centers of support of family entrepreneurship of reports following the results of every quarter district (city) Kengasham of People's Deputies about the carried-out work on providing program implementation, including to ensuring efficiency of the allocated credits is entered.

6. Confer powers:

to deputy ministers of economy and finance, the chairman of the Central bank and the minister of employment and reducing poverty (coordinators of programs) - quickly to redistribute the allocated funds by authorized banks and areas proceeding from actual demand, and also prospects of projects which financing is offered, and orientations on creation of additional workplaces;

To Council of Ministers of the Republic of Karakalpakstan, khokimiyats of areas and the city of Tashkent together with the territorial centers of support of family entrepreneurship - to distribute by areas (cities) and makhally (auls) annual and monthly limits of the funds allocated to regions within programs proceeding from prospects of implementable projects and orientation on creation of additional workplaces, to review limit makhally to the tenth day of every month.

7. To the deputy prime minister D. Kuchkarov together with the chairman of the Central bank M. Nurmuratov and authorized banks till July 1, 2023 to make the offer in Administration of the President of the Republic of Uzbekistan on increase in amount of the credits allocated within programs for at least 2 trillion sum.

8. To the Cabinet of Ministers (D. Kuchkarov) in a month proceeding from this resolution to develop the draft of the resolution providing enhancement of procedure for allocation of the credits within programs.

9. To Audit Chamber (B. Turabov) quarterly to enter information in Administration of the President of the Republic of Uzbekistan with carrying out studying on effective use and target allocation of the credits within programs.

10. Make changes and additions to some resolutions of the President of the Republic of Uzbekistan according to appendix No. 2.

11. To impose control of execution of this resolution on the deputy prime minister D. A. Kuchkarov.

Appendix No. 1

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