Measures to improve financial state of unprofitable enterprises adopted
02/06/2014 14:06
Cabinet of Ministers of Uzbekistan
02/06/2014 14:06
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan issued a resolution “On measures on implementation of the programmes – “road maps” for financial rehabilitation of unprofitable, insolvent and low-profitable enterprises of regional importance” on 28 May 2014.
The document was adopted to ensure full implementation of measures on financial rehabilitation of unprofitable, insolvent and low-profitable enterprises of regional importance, improve level of their load and effective use of their capacities, preserve existing and create new jobs.
According to the document, financial-economic states of 41 enterprises in 9 regions of Uzbekistan were studied and in the result three of them will be closed. Other 38 enterprises developed “road map” for financial rehabilitation for 2014. About17 of these enterprises are located in Tashkent city and 11 – in Andijan region.
The complex of measures envisages implementation of the measures on effective use of assets of unprofitable enterprises, optimization of their unused premises and mobilize unused reserves, modernization of production capacities, etc.
In line with the “road maps”, about 59.18 billion soums will be directed to increase turnover funds of these enterprises, of which 51.78 billion soums will be own resources of the enterprises and 7.4 billion soums – loans of the banks.
According to the “road maps”, these enterprises will produce goods and render services for 295.888 billion soums in 2014 and receive income before tax at the size of 10.42 billion soums this year.
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