RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of July 5, 2023 No. PP-211

About measures for project implementation "Development of the sector of livestock production (the 2nd stage)" with participation of International Development Association and International Bank for Reconstruction and Development

For the purpose of active implementation of the advanced foreign technologies in the field of cultivation and conversion of livestock products, strengthening of material and technical resources and building-up of potential production of farms and agricultural organizations, and also further cooperation increase with the World Bank:

1. Take into consideration that:

a) On June 1, 2023 between the Republic of Uzbekistan and International Development Association (further - MAR), and also the International Bank for Reconstruction and Development (further - IBRD) on the "Development of the Sector of Livestock Production (2nd Stage)" project (further - the Project) signed agreements on allocation:

loan of MAR in the amount of 150 million US dollars for the term of 30 years, including grace period - 5 years;

the credit of IBRD in the amount of 90 million US dollars for the term of 24,5 of year, including grace period - 4,5 of year;

b) the total cost of the Project constitutes 323, 78 million US dollars, from them contribution of the Republic of Uzbekistan - 83, 78 million US dollars, including:

means in equivalent of 40 million US dollars - contribution of participants (beneficiaries) of the Project;

means in equivalent 43, one million US dollars - contribution of the Republic of Uzbekistan to covering of finance costs of the Project to the investment period, including means in equivalent 28, 63 million US dollars - in the form of tax and customs payments, means in equivalent 15, 15 million US dollars - in payment method of finance costs during the investment period.

2. Determine that:

the tax amount on value added which is formed within project implementation is paid at the expense of means of business entities or compensated at the expense of means of the republican budget of the Republic of Uzbekistan according to the procedure, established by the legislation;

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