Uzbekistan receives a loan for agricultural sector development

17.09.2020 17:49

The International Fund for Agricultural Development issued a loan to Uzbekistan in the amount of .2 million and a grant of 0 thousand for the implementation of the project “Diversification and modernization of agriculture”.

The loan agreement was signed on August 4, 2020. The total cost of the project is .78 million. Uzbekistan has invested .28 million, including in the form of tax and customs benefits.
 
The funds will be used to finance agricultural diversification – .8 million, to support youth and women – million, to the State Fund for Supporting Entrepreneurship – .5 million, to modernize irrigation systems – .1 million, to develop the system of knowledge, innovation and agricultural services – .1 million.

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