The French Development Agency allocated a loan of 150 million euros to support reforms in Uzbekistan, the Ministry of Finance of the country reports.

On December 12, the signing ceremony of the loan agreement between Uzbekistan and the French Development Agency in the amount of 150 million euros was held in the framework of the project “Programs supporting reforms of economic and financial management ”, developed with the assistance of the Asian Development Bank, held at the Ministry of Finance of Uzbekistan, the message reads.

The loan is granted with a maturity of 20 years, it includes a 6-year grace period. The implementation of the program will provide additional sources of funding for state programs to create new jobs and develop the social infrastructure of the regions.

“The Qazaq Times”