The amount of interest-free loans for young entrepreneurs has been increased

New measures are being implemented in the regions of Uzbekistan to support the initiatives of young people. This was reported by Zamin.uz.

Within this framework, the amount of interest-free loans is being increased and the tax burden for business entities is being reduced. For example, through the "Komak" project, entrepreneurs are provided with interest-free loans of up to 130 million soums.

As a result of this initiative, more than 120 foreign language teaching centers have been established in rural areas over the past six months. According to the new regulation, the social tax rate for educational centers in remote areas has been set at 1 percent.

Additionally, the income tax rate for teachers working at these centers is set at 7.5 percent. These measures are aimed at creating new opportunities for youth and entrepreneurs.

Consequently, a significant contribution is made to the development of education and business activities in rural areas. These steps will serve economic growth and the improvement of the population's well-being in the future.