Mirziyoyev Approves New Subsidies for Farmers

Tashkent, Uzbekistan (UzDaily.com) — President of Uzbekistan Shavkat Mirziyoyev has signed a decree on additional financial support measures for cotton and grain production, the document provides for new subsidies and compensation mechanisms for farmers and agro-industrial enterprises starting from the 2026 harvest.

According to the decree, administration of the new support measures will be carried out by the Payments Agency in the Agricultural Sector under the Ministry of Agriculture of Uzbekistan, established in November 2025.

For raw cotton producers, compensation of part of interest payments on preferential loans has been introduced. If a loan is repaid on time in accordance with the contract terms, the state will reimburse up to 2.5% of interest expenses.

If the loan is fully repaid by December 31 of the harvest year for which it was issued, the compensation may reach 5%.

Additional incentives are also provided for wheat farmers. Grain producers will be able to recover part of interest payments on loans at a rate of 4%, provided the loan is fully repaid by August 1.

Support also extends to cotton-textile clusters and textile enterprises. They will receive compensation for part of interest payments on commercial loans used to purchase raw cotton. Reimbursement will apply to interest rates above 8% per annum, but not exceeding 16%.

Another measure concerns diesel fuel costs. From April 1 to July 1, agricultural enterprises will be able to receive compensation for part of diesel purchase expenses through the commodity exchange if the price exceeds 13 million soums per ton.

The maximum payment will amount to 2 million soums.

Starting September 1, the Payments Agency in the Agricultural Sector will be authorized to provide two additional subsidies in cotton production. The first measure will compensate farmers for part of the cost of electronic invoices issued for cotton sold, whether grown using their own funds or bank loans.

The second subsidy is intended for cotton-textile clusters and textile enterprises. They will be reimbursed for part of the costs of purchasing raw cotton acquired using their own funds.

The decree is aimed at expanding financial support for agricultural producers, reducing credit burdens, and encouraging deeper domestic processing of raw materials.