President of Uzbekistan Shavkat Mirziyoyev has signed a decree to ensure the country’s food security. Now representatives of the agrarian sector can receive preferential loans at an annual interest rate of 12 percent to cover the costs of cultivating oilseed crops.
Starting from January 1, 2026, 50 percent of the electricity costs for irrigation for farmers cultivating feed and oilseed crops will be reimbursed from the state budget. In addition, from November 1, 2025 to December 31, 2030, the Entrepreneurship Development Company will reimburse part of entrepreneurs’ expenses related to loans.
This support will also apply to loans in national currency at 4–10 percent above the base rate and to loans in foreign currency with an interest rate above 8 percent.
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