IMPROVING THE SYSTEM OF FINANCIAL SUPPORT OF AGRICULTURE BY THE STATE
Keywords:
Methods of securing funds, the long-term viability of agriculture, creative approaches to funding, the overall economic situation, institutions that provide financial services, the progress and growth of agriculture.Abstract
Developing and implementing steps to provide financial support to the agriculture industry is crucial. Specifically, it is suitable to allocate funds from the subsidy programme towards supporting animal husbandry, horticulture, vegetable cultivation, greenhouse operations, poultry farming, and related sectors. Regarding credit allocation, the state provides long-term preferential loans and leases to the agricultural sector through commercial banks. Additionally, commercial banks receive reimbursement from state funds for a specific period of time to partially cover the loans they assign.
References
Decree of the President of the Republic of Uzbekistan dated October 23, 2019 No. PF-5853 "On approval of the strategy of agricultural development of the Republic of Uzbekistan for 2020-2030". https://lex. uz/docs/4567334
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