All stages of loan allocation take place on electronic platforms

All stages of loan allocation within the framework of state programs now take place on electronic platforms. On November 15, the President's decision "On additional measures to involve the population in small and medium-sized businesses" was adopted.

According to this decision, between 2024 and 2026:

Through the "Business Development Bank" ADB:

- The loan balance allocated to small entrepreneurs will increase by 1.7 times, raising their share in the loan portfolio from 28% to 43%.
- Up to $800 million will be sourced to finance small business projects.
- Bonds (Eurobonds) worth $300 million will be issued in international capital markets.
- 150,000 small entrepreneurs will be established.

Through the "Entrepreneurship Development Company" JSC:

- Financial services provided to small and medium-sized entrepreneurs will rise from 8 trillion soums to 14 trillion soums.
- 150 medium-sized enterprises will be invested in, and 300 projects will be sold to entrepreneurs based on service mortgages.
- The number of medium entrepreneurs will increase by 2.5 times.
- Bonds (Eurobonds) totaling $300 million will be circulated in international capital markets.

By December 15, 2023, the target goal of attracting 2 million people to business in 2024 will be approved within regional and state programs.

Starting from July 1, 2024, all stages of loan allocation will be conducted on electronic platforms for more efficient use of loans allocated under state programs.

From January 1, 2024, to January 1, 2026, small entrepreneurs established through collaboration with large enterprises with state participation will be permitted to sell their manufactured goods to state customers under direct contracts, up to 10 billion soums per year, through the special information portal of state procurement.