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Tag: Regulatory Measures

Macroregional Context

Uzbekistan introduces enhanced subsidized lending system for garden cultivation

Starting October 1, Uzbekistan has implemented a new financing framework for projects aimed at creating new gardens and orchards. Subsidized loans will be distributed...
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Macroregional Context

Uzbekistan enacts new law on creative economy to boost architecture, design, and applied arts

Uzbekistan has introduced a new law on the creative economy, which also includes architecture, urban planning, design, and applied arts. The goal of the...
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Macroregional Context

Entrepreneurs to receive incentives for building private schools in Uzbekistan

Entrepreneurs interested in opening private schools in Uzbekistan will be eligible for loans of up to $1.6 million, as announced by President Shavkat Mirziyoyev...
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Macroregional Context

Uzbekistan introduces new land allocation system and tax incentives to boost investment

In response to numerous complaints about difficulties in securing land for construction, President Shavkat Mirziyoyev has unveiled a new system for allocating land plots...
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Macroregional Context

Uzbek banks to halt lending to major state-owned companies and focus on private business

Uzbekistan’s banks will gradually stop providing loans to large state-owned companies and shift their focus to private businesses, President Shavkat Mirziyoyev announced on August...
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Macroregional Context

Uzbekistan’s government allocates $1.7 billion for small business development

In an ambitious move to spur economic growth and innovation, Uzbekistan is set to launch a comprehensive support program for small businesses starting October...
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Macroregional Context

Kazakhstan’s government allocates $3.7 billion for the development of monocities

In a major stride towards socio-economic development, the Government of Kazakhstan has announced a significant investment of approximately 1.7 trillion tenge ($3.7 billion) aimed...
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Macroregional Context

Uzbekistan eliminates duty on building materials and wood imports

In a significant move to stimulate the construction and manufacturing sectors, the President of Uzbekistan has signed a decree that sets the customs duties...
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Macroregional Context

Uzbekistan lifts ban on consumer loans for purchasing imported goods

From now on, financial consumer loans can be obtained for the purchase of goods produced outside of Uzbekistan. This is provided for by amendments...
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