RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of April 15, 2025 No. PP-142

About measures for acceleration of realization of the property counted on balance of banks of debt

For the purpose of financial improvement of banks by enhancement of mechanisms of collection of overdue debt and increase in sales opportunities of the property which is without movement on balance of bank, and also expansion of financing of activities of subjects of entrepreneurship at the expense of the returned financial resources I decide:

I. Purposes

1. Determine main objective of adoption of this resolution decrease in share of the property which is without movement on balance of banks including realization of this type of property the amount at least 4 trillion sum in 2025-2026.

II. Acceleration of realization of the property counted on balance of bank of debt

2. Since May 1, 2025 to resolve banks in which authorized capital the state share constitutes 50 percent and more (further - banks with the state participation), and investment companies under them direct implementation on market value of the property which is not realized at auction and the repayment of debts counted on balance of bank, including realization of such property by agreements of the credit, payment by installments, leasing or other transactions which are not forbidden by acts of the legislation.

3. Grant to commercial banks the right to realization as ready business to potential investors of the buildings and constructions, processing equipment and other property counted on balance of bank of repayment of debts with recovery on their base of the suspended productive (serving) activity by means of investment companies under commercial banks.

III. Acceleration of process of repayment of debts

4. Agree with the offer of the Central bank and Supreme Court on increase since September 1, 2025 of maximum price of the claim for consideration of the case on the action for declaration according to the procedure of the simplified production to legal entities - to the 150-fold size of basic settlement size, to individual entrepreneurs - to the 100-fold size of basic settlement size and to physical persons - to the 50-fold size of basic settlement size.

5. To the Prosecutor General's Office together with the Central bank and the Ministry of Justice in two-month time to introduce to Legislative house of Oliy Majlis the bill providing the following procedure for transfer to the claimant of the property which is not realized at auction in the course of forced execution:

(a) removal based on the decision of the state contractor of all bans imposed on property by the departments performing state registration of the property right and other corporeal rights;

(b) consideration of the decision of the state contractor as the basis for registration (registration) of the right to property to person specified in this decision;

(c) leaving of the obligations which are available on property for its former owner - zadolzhnik, except as specified voluntary acceptance by the claimant of execution of these obligations.

6. To the Supreme Court, the Central bank and Bureau of forced execution in three-months time in accordance with the established procedure to adjust exchange of information on legal cases and executive documents between the Supreme Court, Bureau of forced execution, banks and other financial organizations respectively.

IV. Organization, ensuring execution of the resolution and control

7. Make changes and additions to some resolutions of the President of the Republic of Uzbekistan and the Government of the Republic of Uzbekistan according to appendix.

8. To Central Bank together with the interested ministries and departments in two-month time to make in the Cabinet of Ministers offers on the changes and amendments in acts of the legislation following from this resolution.

9. To impose control of execution of this resolution on the Prime Minister of the Republic of Uzbekistan A. N. Aripov and the chairman of the Central bank T. A. Ishmetov.

Appendix

to the Resolution of the President of the Republic of Uzbekistan of April 15, 2025 No. PP-142

Changes and additions made to some resolutions of the President of the Republic of Uzbekistan and the Government of the Republic of Uzbekistan

1. In the resolution of the President of the Republic of Uzbekistan of March 7, 2019 No. PP-4231 "About additional measures for broad attraction of the population to entrepreneurship and development of family entrepreneurship in regions":

a) to state paragraph two of Item 1 in the following edition:

"The republican commission on the organization and coordination of execution of measures within development programs of family entrepreneurship (further - the Republican commission) according to appendix No. 1";

(b) to add with Item 62 following of content:

"62. Confer to the Republican commission power on modification of the size and conditions of allocation of the credits within development programs of family entrepreneurship";

(c) to state the text of appendix No. 1 in the following edition:

"Structure of the Republican commission on the organization and coordination of execution of measures within development programs of family entrepreneurship

Note: upon transition of members of the Republican commission to other work to its structure persons who are again appointed to these positions, or faces to whom accomplishment of the corresponding functions is assigned join".

2. In Item 3 of the resolution of the President of the Republic of Uzbekistan of March 27, 2021 No. PP-5041 "About the additional measures performed within development programs of family entrepreneurship":

(a) the fifth to exclude the paragraph;

(b) to consider the paragraph of the sixth the paragraph the fifth;

(c) the fifth to state the paragraph in the following edition:

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