Tashkent, Uzbekistan (UzDaily.com) -- A government resolution “On support of the tourism industry entities and the development of tourism infrastructure in the economic situation caused by the coronavirus pandemic” was adopted.

In accordance with the resolution, a part of the following interest expenses on loans to the tourism industry entities that exceed the basic rate of the Central Bank, but not more than 10 percentage points will be reimbursed:

- interest expenses for the period from 1 June 2020 to 1 January 2022 on previously issued loans for the construction of accommodation facilities;

- interest expenses on loans issued to bring them in line with new sanitary and hygienic standards;

- interest expenses for the period from 1 June to 31 December 2020 on loans issued to replenish working capital in the amount of up to 1 billion soums.

Also, interest expenses for the period from 1 March to 1 June 2020 on previously issued loans for the construction of accommodation facilities are reimbursed in full.

These compensations are allocated regardless of the number and volume of loans of the tourism industry entities, as well as the number of compensations that were previously issued and (or) issued.

The Resolution approved the Regulation on the temporary procedure for the provision of subsidies to cover part of the costs of tour operators, travel agents and accommodation facilities.

In accordance with the regulation, subsidies are allocated:

- tour operators - to reimburse part of the costs of air and rail tickets;

- for tour operators and travel agencies - for each foreign tourist brought to Uzbekistan and served;

- accommodation facilities - for accommodation services (hotel services).