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South Korean EDCF to allocate loans worth $155 mln to Uzbekistan in 2011-2012

Uzbekistan Materials 17 August 2011 16:38 (UTC +04:00)
South Korean Economic Development Cooperation Fund (EDCF) plans to allocate loans totaling $155 million to the Uzbek government to implement projects to support economic and social development in 2011-2012, the country's the Finance Ministry told Prime Agency on Wednesday.

South Korean Economic Development Cooperation Fund (EDCF) plans to allocate loans totaling $155 million to the Uzbek government to implement projects to support economic and social development in 2011-2012, the country's the Finance Ministry told Prime Agency on Wednesday.

The ministry's official said the allocation of the loans will be discussed during the Korean President Lee Myung-Bak's state visit to Uzbekistan on Aug. 23-24.

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