RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of November 3, 1994 No. 534

About approval of the Procedure for provision and repayment of foreign currency loans at the expense of Republican currency fund

For the purpose of streamlining of provision and strengthening of control of repayment of foreign currency loans at the expense of the Republican Cabinet of Ministers currency fund decides:

1. Approve the Procedure for provision and repayment of foreign currency loans at the expense of Republican currency fund according to appendix.

2. To the Ministry of Finance of the Republic of Uzbekistan:

provide allocation of foreign currency loans in strict accordance with decisions of the Government on development of priority import-substituting and export-oriented productions, purchase of food and other first-priority needs;

establish tough control of target use of the provided credit resources, their payback and timely return to the republican budget.

3. To impose control over the implementation of this resolution on the Deputy prime minister Hamidov B. S.

Appendix

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of November 3, 1994 No. 534

Procedure for provision and repayment of foreign currency loans at the expense of republican currency fund

I. General provisions

1. This Procedure is developed according to the Regulations on Republican currency fund approved by the resolution of the Cabinet of Ministers of May 25, 1993 No. 251, and also the resolution of the Cabinet of Ministers of April 11, 1994 No. 195.

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