Wednesday05 February 2025
centralasiabusiness.com

Uzbekistan will allocate 15.5 trillion soums for funding housing programs.

This year, Uzbekistan's budget allocates 15.5 trillion soums for housing programs. This was announced during a video conference meeting with President Shavkat Mirziyoyev.
В Узбекистане на жилищные программы выделят 15,5 трлн сумов.

Banks plan to allocate an additional 10 trillion sums for these purposes. The "Mortgage Company" will also allocate 2.3 trillion sums for these objectives.

Responsible officials have been tasked with providing mortgage loans for at least 70,000 apartments by 2025, with subsidies from the budget for the down payment on 30,000 apartments to assist low-income families.

To further reduce the shadow economy in the housing construction sector, proposals have been requested to return a portion of the funds paid by citizens for new housing in the form of cashback.