Uzbekistan creates new fund
Uzbekistan, Tashkent, June 22 / Trend D. Azizov /
The Uzbek government has adopted a decree to establish a fund under the Association of Banks.
The fund will finance the preparation of investment project documentation.
The preamble published in local media states that the fund was established in accordance with a presidential decree.
It is aimed at further reforming and improving the stability of the financial and banking system, adopted in November 2010, as well as creating favorable conditions for small business and private enterprise while implementing the investment projects.
The official exchange rate is 1.711.05 soums per $1.