OREANDA-NEWS. January 13, 2014. On the basis of expected indicators of a rate of inflation for 2014 and for the purpose of stimulation of high rates of the economic growth the Board of the Central bank of the Republic of Uzbekistan took the decision on decrease of the rate of refinancing from 12% to 10% per annum.

Decrease of the rate of refinancing will create a basis to mark down the interest rates for banking credits that promotes further increase of investment activity in real sector of the economy.

In particular, decrease of interest rates will be observed on the credits allocated for implementation of programs on modernization, technical and technological renewal of enterprises, development of small business and micro crediting with the corresponding growth of credit investments.

Source: www.cbu.uz