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Economy 03/01/2025 US$1 billion allocated for the "Mahalla Loyihasi" program

US$1 billion allocated for the "Mahalla Loyihasi" program

Tashkent, Uzbekistan (UzDaily.com) — President of Uzbekistan Shavkat Mirziyoyev was briefed on measures aimed at ensuring employment and increasing the income of the population in the mahallas, with the involvement of banks.

The report on the progress of the implementation of these measures, which focus on creating jobs and raising incomes in the mahallas with active participation from banking institutions, was presented to President Shavkat Mirziyoyev.

The relevant instructions were given by the President on 16 December 2024, during a videoconference meeting. According to the plan for 2025, 5.2 million jobs are expected to be created, with more than 3 million of them to be supported by banks.

To implement this task, the khokims of 208 districts and cities, along with bank leaders, signed cooperation agreements that clearly outlined the rights and responsibilities of each party.

As part of the "Mahalla Loyihasi" program, which aims to increase employment, US$1 billion in credit funds will be allocated to support the population. Bank branches in districts have been given monthly targets for project development, loan issuance, and job creation.

By 1 February 2025, special departments for working with mahallas will be established at the district bank branches, where the so-called "mahalla bankers" will begin their work. Additionally, agents will be selected in each mahalla to assist the population and closely collaborate with the banks.

Together with the local authorities, banks will present ready-made business projects to residents and organize training on how to implement them.

To monitor the progress of the tasks, the integration of the information systems "online-mahalla.uz," "bank-kredit.uz," and "soliq.uz" will be carried out. The activities of responsible leaders will be analyzed daily, and if inefficient work is detected, appropriate measures will be taken.

The President emphasized that 2025 must be a decisive year in terms of reducing poverty and ensuring employment, and instructed that coordinated efforts between local authorities and economic structures be intensified.

#Shavkat Mirziyoyev  
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