RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of September 7, 2024 No. PP-312

About measures for enhancement of the Comprehensive program of continuous support of small business

For the purpose of providing continuity and stability of financial support of small business, expansion of access to banking and microfinancial services:

1. Within the Comprehensive program of continuous support of small business (further - the Program) to implement the mechanisms providing in practice:

allocation of the microcredits within one project at the rate to 300 million sum, including unsecured part in the amount of 100 million sum at the expense of means of "The Company on Development of Entrepreneurship" Joint-stock company (further - the Company), parts to 200 million sum - at the expense of own means of banks and the microfinancial organizations (further - microloan providers);

distribution of credit risks between the state and microloan providers or provisions of the portfolio guarantee of the Company on the microcredits within 100 million sum allocated on unsecured basis;

transition to system of refinancing of the unsecured microcredits at the rate to 100 million sum allocated with microloan providers at the expense of their own means.

2. Determine that within the Program the unsecured microcredits to 100 million sum:

a) are allocated with all microloan providers to the small business entities which are performing activities within at least one year and having positive credit history. At the same time in case of selection of small business entities establishment of other requirements and criteria is not allowed;

b) since November 1, 2024 are refinanced by the Company to microloan providers at the following rates proceeding from category of the territories in which are registered and small business entities, in particular carried to perform activities:

The 5th category - 12,5 of percent;

The 4th category - 13,5 of percent;

3rd category - 14,5 of percent;

The 2nd category - 17,0 of percent;

The 1st category - 18,0 of percent;

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