of August 22, 2017 No. 655
About additional measures for rendering microfinancial support to small business entities, financing of the projects providing creation of new workplaces and provision of microfinancial services to needy families
In pursuance of the Presidential decree of the Republic of Uzbekistan of May 24, 2017 No. UP-5052 "About Measures for Further Enhancement of State Policy in the field of Employment and to Radical Increase in Efficiency of Activities of Bodies for Work", for the purpose of microfinancial support of small business entities, financing of the projects providing creation of new workplaces and provision of microfinancial services to needy families, the Cabinet of Ministers decides:
1. Determine additional tasks of Mikrocreditbank Joint stock bank (further - JSB Mikrocreditbank):
providing financial support to small business entities for the purpose of involvement of youth in business activity, loan granting for forming of the original capital, rendering microfinancial services for development of family entrepreneurship, business activity of women, home work, workmanship and personal subsidiary farms;
financing of the programs directed to increase in the income of needy families, strengthening of cooperation with bodies for work and self-government of citizens, the Union of youth of Uzbekistan, Committee of women of Uzbekistan and other interested ministries and departments for the purpose of employment of not employed population;
financing of the projects providing employment increase and the income of the population, especially in the rural zone, financial support of activities of the companies, creating new workplaces, including provision of the credits by it for acquisition of the modern equipment and mini-technologies for technological equipment and upgrade;
development of direct cooperation with the international and foreign financial institutions and the organizations, including for the purpose of attraction of credit lines and investments.
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