Citizens who purchase new housing will receive a cashback on part of the amount they paid
Uzbekistan
Yesterday, under the leadership of President Shavkat Mirziyoyev, a videoconference meeting was held. Various issues were discussed during the meeting. It was announced that, starting this year, 15.5 trillion soums will be allocated from the state budget to finance housing programs.
Banks aim to allocate an additional 10 trillion soums for these purposes. The Mortgage Company will also allocate 2.3 trillion soums for these goals.
Officials were tasked with providing mortgage loans for at least 70,000 households by 2025. Of these, 30,000 will receive subsidies from the budget for the initial down payment, aimed at supporting low-income families.
Additionally, to further reduce the shadow economy, proposals were instructed to be developed to return part of the funds paid by citizens who purchase new housing in the form of cashback.
Officials were tasked with providing mortgage loans for at least 70,000 households by 2025. Of these, 30,000 will receive subsidies from the budget for the initial down payment, aimed at supporting low-income families.
Additionally, to further reduce the shadow economy, proposals were instructed to be developed to return part of the funds paid by citizens who purchase new housing in the form of cashback.
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