2019-11-28 | ПФ-5886

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On Additional Measures to Improve Mortgage Lending Mechanisms

The President of the Republic of Uzbekistan introduces a new market-based order for housing provision through mortgage loans, requiring the Ministry of Finance to place funds in commercial banks for 20 years to support lending. The decree mandates that commercial banks provide mortgages using own funds and Ministry allocations, with subsidies from the State Budget compensating part of the down payment or interest for specific low-income individuals. Construction of multi-apartment buildings in rural areas must form macro-arrays of at least 200 units, with developers selected via online auctions and land allocated through lease rights, while urban land is provided via the E-AUKSION platform.

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[ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Specific types of lending / 07.22.06.03 Lending for housing construction. Mortgage; 2. 08.00.00.00 Housing legislation. Utilities / 08.02.00.00 Ensuring citizens with housing. Use of housing stock / 08.02.08.00 Provision of housing from the state housing stock to certain categories of citizens] [ TSK: 1. Socio-cultural issues / Housing legislation. Utility services; 2. Finance / Banks and other credit institutions. Credits] Send suggestions for the document Listen to audio Get link from document element Decree Send suggestions for the document Listen to audio Get link from document element President of the Republic of Uzbekistan Send suggestions for the document Listen to audio Get link from document element On Additional Measures to Improve Mortgage Lending Mechanisms Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element Systematic measures are being taken in the country to improve the living conditions of the population by expanding the scale of construction of affordable residential and multi-apartment buildings, and by introducing new architectural and technical solutions into the industry. Thus, over the past three years, 104,000 families have been provided with housing, which is one and a half times more than the number of houses built over the last ten years. Send suggestions for the document Listen to audio Get link from document element At the same time, the further improvement of the population's housing conditions necessitates the formation and development of a modern market system of mortgage lending for individuals, the widespread involvement and complete transition to housing construction by private contracting organizations, the gradual increase in financing by commercial banks, as well as the strengthening of the targeted nature and transparency of state support for families in need of improving their housing conditions. Send suggestions for the document Listen to audio Get link from document element In order to further expand the scale of mortgage lending, create conditions for the development of private contracting organizations, introduce new mechanisms for supporting persons in need of improving their housing conditions, rationally use land resources, and activate the processes of urbanization of settlements: [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Specific types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get link from document element

  1. Introduce a new order for providing the population with housing through mortgage loans based on market principles (hereinafter - the new order), according to which: See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element in order to ensure the mortgage market with long-term resources, the Ministry of Finance of the Republic of Uzbekistan places monetary funds in commercial banks on market terms for a period of 20 years; (paragraph two of point 1 in the edition Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 - National Database of Legislation, March 11, 2021, No. 06/21/6186/0200) Send suggestions for the document Listen to audio Get link from document element commercial banks provide the population with mortgage loans from their own funds and funds allocated by the Ministry of Finance of the Republic of Uzbekistan; Send suggestions for the document Listen to audio Get link from document element mortgage loans, from the funds allocated to commercial banks by the Ministry of Finance of the Republic of Uzbekistan, are provided at a market rate with the establishment of a maximum loan amount for one borrower and the provision to the borrower of the right to independently choose the location and area of housing; See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element subsidies are paid from the funds of the State Budget of the Republic of Uzbekistan to certain persons, including those with a low level of income and in need of improving their housing conditions (hereinafter - certain persons), to compensate for part of the down payment and (or) interest on a mortgage loan (hereinafter - subsidies). (paragraph five of point 1 in the edition Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 - National Database of Legislation, March 11, 2021, No. 06/21/6186/0200) [ OKOZ:

07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Specific types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get link from document element 2. Implement the new order: See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element in rural areas - in territories adjacent to cities and administrative centers of the Republic of Karakalpakstan and regions; (paragraph two of point 2 in the edition Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 - National Database of Legislation, March 11, 2021, No. 06/21/6186/0200) Send suggestions for the document Listen to audio Get link from document element in the city of Tashkent, as well as in cities of the Republic of Karakalpakstan and regions. [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Specific types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get link from document element 3. Determine that in the implementation of the new order: Send suggestions for the document Listen to audio Get link from document element a) in rural areas: Send suggestions for the document Listen to audio Get link from document element construction of multi-apartment buildings is carried out with their location in the form of macro-arrays, including no less than 200 apartments; See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element entrepreneurs carrying out the construction of multi-apartment buildings are determined by the results of electronic online auctions; (paragraph three of sub-item "a" of point 3 in the edition Decree of the President of the Republic of Uzbekistan dated December 9, 2021 No. UP-33 - National Database of Legislation, December 10, 2021, No. 06/21/33/1147) See previous revision. (paragraph four of sub-item "a" of point 3 excluded Decree of the President of the Republic of Uzbekistan dated December 9, 2021 No. UP-33 - National Database of Legislation, December 10, 2021, No. 06/21/33/1147) See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element land plots for the construction of multi-story residential buildings are implemented to entrepreneurs through an electronic online auction based on lease rights, divided into lots or in whole, in accordance with the Decree of the President of the Republic of Uzbekistan dated June 8, 2021 No. UP-6243; (paragraph four of sub-item "a" of point 3 in the edition Decree of the President of the Republic of Uzbekistan dated December 9, 2021 No. UP-33 - National Database of Legislation, December 10, 2021, No. 06/21/33/1147) See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element construction of a multi-apartment building is carried out by the entrepreneur - the winner of electronic online auctions, using their own funds, commercial bank loans, and other sources not prohibited by legislation; (paragraph five of sub-item "a" of point 3 in the edition Decree of the President of the Republic of Uzbekistan dated December 9, 2021 No. UP-33 - National Database of Legislation, December 10, 2021, No. 06/21/33/1147) Send suggestions for the document Listen to audio Get link from document element construction of water supply and sewerage networks leading to and within the site, as well as automobile roads, is carried out by the hokimiyats of regions from centralized sources, including funds of international financial institutions and local budgets; Send suggestions for the document Listen to audio Get link from document element construction of power supply and gas supply networks leading to and within the site is carried out respectively from the own funds of JSC "Regional Electric Networks" and JSC "Khududgazta'minot", if necessary - from the funds of the republican and local budgets; Send suggestions for the document Listen to audio Get link from document element b) in cities: See previous revision. Send suggestions for the document Listen to audio Get link from document element Send suggestions for the document Listen to audio Get link from document element land plots for the construction of multi-apartment buildings are provided to entrepreneurs on a paid basis through an electronic auction via the electronic trading platform "E-AUKSION"; (paragraph two of sub-item "b" of point 3 in the edition Decree


President of the Republic of Uzbekian Decree of April 19, 2024 No. UP-67 — National Database of Legislation, 27.04.2024, No. 06/24/67/0307) Send suggestions for the document Listen to audio Get a reference from the document element construction of apartment buildings is carried out by an entrepreneurial entity — the winner of the electronic auction, using its own funds, commercial bank loans, and other sources not prohibited by legislation; Send suggestions for the document Listen to audio Get a reference from the document element construction of engineering and transport communications is carried out at the expense of the entrepreneurial entity — the winner of the electronic auction and other sources not prohibited by legislation, if necessary — at the expense of the republican and local budgets. Send suggestions for the document Listen to audio Get a reference from the document element The Ministry of Construction, the Ministry of Economy and Industry jointly with interested ministries and departments within one month submit for approval to the Cabinet of Ministers of the Republic of Uzbekistan the mechanisms, criteria for conducting competitive bidding, and qualification requirements for entrepreneurial entities carrying out the construction of apartment buildings in rural areas within the framework of the new order, including the "price — quantity" criteria. See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 4. Establish that within the framework of the new order, mortgage loans from funds allocated to commercial banks by the Ministry of Finance of the Republic of Uzbekistan are provided for the purchase of apartments sold in the primary housing market (including apartments sold in the primary housing market and built outside the framework of the new order) in an amount not exceeding the annually approved maximum size of a mortgage loan, for a term of 20 years and with an initial payment of not less than 15 percent of the cost of the purchased apartment. (paragraph 1 of point 4 in the edition Decree of the President of the Republic of Uzbekistan of December 9, 2021 No. UP-33 — National Database of Legislation, 10.12.2021, No. 06/21/33/1147) Send suggestions for the document Listen to audio Get a reference from the document element At the same time: See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element the maximum size of a mortgage loan is determined annually by the Ministry of Economic Development and Poverty Reduction in agreement with the Ministry of Finance and the Ministry of Construction based on the estimated cost of housing and is reviewed every six months; (paragraph 3 of point 4 in the edition Decree of the President of the Republic of Uzbekistan of December 9, 2021 No. UP-33 — National Database of Legislation, 10.12.2021, No. 06/21/33/1147) See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element in case of exceeding the cost of the purchased apartment of the maximum size of a mortgage loan, the remaining part of the cost is paid by the borrower from own funds and other sources not prohibited by legislation; (paragraph 4 of point 4 in the edition Decree of the President of the Republic of Uzbekistan of December 9, 2021 No. UP-33 — National Database of Legislation, 10.12.2021, No. 06/21/33/1147) Send suggestions for the document Listen to audio Get a reference from the document element in case of a decrease in the main rate of the Central Bank, the interest rate on mortgage loans of commercial banks and funds allocated by the Ministry of Finance of the Republic of Uzbekistan decreases proportionally, and in case of its increase — remains unchanged. (point 4 in the edition Decree of the President of the Republic of Uzbekistan of March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 5. The Ministry of Finance jointly with the Central Bank of the Republic of Uzbekistan within two months develop a concept for issuing mortgage loans for the purchase of apartments in apartment buildings in accordance with the new order, as well as requirements for potential borrowers. See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 6. Determine that within the framework of the new order: Send suggestions for the document Listen to audio Get a reference from the document element persons who received a notification about the provision of a subsidy, form part of the initial payment for a mortgage loan in an amount of not less than 5 percent of the cost of housing from their own funds; Send suggestions for the document Listen to audio Get a reference from the document element regardless of the location, cost, and area of the purchased apartment, subsidies for compensation of part of the initial payment are paid in a fixed amount — 32 million sum, subsidies for compensation of part of interest payments — during the first five years of the credit period in the part exceeding 10 percentage points; Send suggestions for the document Listen to audio Get a reference from the document element subsidies for compensation of part of the initial payment and interest payments are also paid in cases where the price of the purchased apartment exceeds the maximum size of a mortgage loan. At the same time, in cases where the price of the purchased apartment exceeds the maximum size of a mortgage loan, the remaining part of the cost is paid by the borrower from own funds and other sources not prohibited by legislation by increasing the amount of the initial payment; Send suggestions for the document Listen to audio Get a reference from the document element Establish that since March 1, 2020, applications for subsidies are submitted through Centers for Public Services or the Unified Portal of Interactive Public Services of the Republic of Uzbekistan. (point 6 in the edition Decree of the President of the Republic of Uzbekistan of December 9, 2021 No. UP-33 — National Database of Legislation, 10.12.2021, No. 06/21/33/1147) [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.05.00.00 Republican budget / 07.05.01.00 General provisions; 2. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 7. The Ministry of Finance of the Republic of Uzbekistan: Send suggestions for the document Listen to audio Get a reference from the document element ensure the payment of subsidies within the funds approved in the annual parameters of the State Budget of the Republic of Uzbekistan; Send suggestions for the document Listen to audio Get a reference from the document element within one month submit to the Cabinet of Ministers proposals for improving the procedure for paying subsidies from the State Budget and off-budget funds of ministries and departments for the payment of the initial payment for mortgage loans provided to citizens within the framework of existing state target programs, including servicemen of the Ministry of Defense, National Guard, Ministry of Emergency Situations, State Security Service, State Security Service of the President of the Republic of Uzbekistan, and employees of internal affairs bodies, taking into account the requirement of the second paragraph of point 9 of this Decree; Send suggestions for the document Listen to audio Get a reference from the document element jointly with the Ministry of Economy and Industry, the Ministry of Justice, other ministries and departments within one month submit to the Cabinet of Ministers of the Republic of Uzbekistan a draft government decision on approving the criteria and procedure for selecting persons to whom subsidies are paid. [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 8. Approve: Send suggestions for the document Listen to audio Get a reference from the document element Target indicators for the construction of apartment buildings and payment of subsidies in accordance with the new order in rural areas for 2020 according to Appendix No. 1 ; Send suggestions for the document Listen to audio Get a reference from the document element Target indicators for the construction of apartment buildings and payment of subsidies in accordance with the new order in cities for 2020 according to Appendix No. 2 ; See previous edition. (paragraphs 4–6 of point 8 excluded Decree of the President of the Republic of Uzbekistan of March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 9. Establish that within the framework of the new order: See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element for 2020, for servicemen, including the Ministry of Defense, National Guard, Ministry of Emergency Situations, State Security Service, State Security Service of the President of the Republic of Uzbekistan, and employees of internal affairs bodies, the existing conditions for lending and payment of the initial payment established by previously adopted legislative acts are preserved; (paragraph 2 of point 9 in the edition Decree of the President of the Republic of Uzbekistan of December 7, 2020 No. UP-6126 — National Database of Legislation, 07.12.2020, No. 06/20/6126/1608) See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element the selection of land plots for the construction of apartment buildings and engineering and transport communications is carried out by the Council of Ministers of the Republic of Karakalpakstan, hokimiyats of regions and the city of Tashkent in agreement with the Ministry of Economic Development and Poverty Reduction, the Ministry of Construction, the Center for Hydrometeorological Service under the Cabinet of Ministers, and the Agency for Cadastre under the State Tax Committee; (paragraph 3 of point 9 in the edition Decree of the President of the Republic of Uzbekistan of December 7, 2020 No. UP-6126 — National Database of Legislation, 07.12.2020, No. 06/20/6126/1608) Send suggestions for the document Listen to audio Get a reference from the document element for the construction of apartment buildings, vacant land plots are provided that are not included in the category of irrigated agricultural land and forest fund, have access to external engineering and transport communications, and are located in densely populated areas. Send suggestions for the document Listen to audio Get a reference from the document element The State Committee for Land Resources, Geodesy, Cartography, and State Cadastre jointly with the Urbanization Agency under the Ministry of Economy and Industry of the Republic of Uzbekistan within three months form a database of free and inefficiently used land plots with access to external engineering and transport communications ("Land Bank"). [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 10. Form the Republican Commission for the Implementation of the New Order of Construction and Sale of Housing Based on Market Principles in the composition according to Appendix No. 6 , defining its main tasks: Send suggestions for the document Listen to audio Get a reference from the document element coordination of activities and ensuring interaction of state bodies, local executive authorities, and other organizations participating in the implementation of the new order, including in the construction of apartment buildings, provision of mortgage loans, as well as payment of subsidies; Send suggestions for the document Listen to audio Get a reference from the document element conducting systematic analysis and monitoring of the implementation of the new order with the development of specific measures aimed at solving problematic issues; Send suggestions for the document Listen to audio Get a reference from the document element ensuring a unified practice of application in the field of mortgage lending and subsidizing mechanisms implemented in accordance with the new order; Send suggestions for the document Listen to audio Get a reference from the document element ensuring the implementation of an effective system for selecting persons to whom subsidies are paid; Send suggestions for the document Listen to audio Get a reference from the document element preparation of proposals for making changes and additions to target indicators for the construction of apartment buildings and payment of subsidies in accordance with the new order, including in case of delay or non-implementation of construction in certain regions within the established deadlines; Send suggestions for the document Listen to audio Get a reference from the document element hearing reports from heads of state bodies, local executive authorities, and other organizations on the work done within the framework of implementing the new order. Send suggestions for the document Listen to audio Get a reference from the document element See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element 11. Agree with the proposals of the Council of Ministers of the Republic of Karakalpakstan, hokimiyats of regions, and the city of Tashkent on the implementation of the following programs also in 2020-2021: (paragraph 1 of point 11 in the edition Decree of the President of the Republic of Uzbekistan of March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) Send suggestions for the document Listen to audio Get a reference from the document element Program for the construction of affordable housing in rural areas with the participation of LLC "IK "Qishloq qurilish invest"; Send suggestions for the document Listen to audio Get a reference from the document element Program for the construction of affordable apartment buildings in cities with the participation of LLC "IK "Uzshahar qurilish invest" (hereinafter — state target programs). [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 12. Approve: Send suggestions for the document Listen to audio Get a reference from the document element Main parameters for the construction of affordable apartment buildings in rural areas with the participation of LLC "IK "Qishloq qurilish invest" for 2020 according to Appendix No. 7 ; Send suggestions for the document Listen to audio Get a reference from the document element Main parameters for the construction of affordable apartment buildings in cities with the participation of LLC "IK "Uzshahar qurilish invest" for 2020 according to Appendix No. 8 . [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 13. Establish that: Send suggestions for the document Listen to audio Get a reference from the document element construction of affordable apartment buildings in rural areas with the participation of LLC "IK "Qishloq qurilish invest" is carried out by their placement exclusively in densely populated areas in the form of micro-districts, including no less than 100 apartments; Send suggestions for the document Listen to audio Get a reference from the document element starting with state target programs for 2020, the construction of single-story affordable housing is discontinued, except for housing whose construction has not yet been completed, as well as construction that has not yet started, but for which construction contracts have already been concluded; Send suggestions for the document Listen to audio Get a reference from the document element in the construction of affordable apartment buildings in cities with the participation of LLC "IK "Uzshahar qurilish invest", financing of the construction of affordable apartment buildings is carried out after the formation of a list of potential borrowers from their initial payments, commercial bank mortgage loans, own funds of LLC "IK "Uzshahar qurilish invest", and other sources not prohibited by legislation in the established order. [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 14. The Council of Ministers of the Republic of Karakalpakstan, hokimiyats of regions, and the city of Tashkent jointly with LLC "IK "Qishloq qurilish invest" and LLC "IK "Uzshahar qurilish invest" by January 1, 2020, carry out the selection of vacant land plots for the construction of affordable apartment buildings. [ OKOZ: 1. 07.00.00.00 Legislation on finance and credit. Banking activity / 07.22.00.00 Lending / 07.22.06.00 Separate types of lending / 07.22.06.03 Lending for housing construction. Mortgage] Send suggestions for the document Listen to audio Get a reference from the document element 15. The Ministry of Construction of the Republic of Uzbekistan ensure state architectural and construction supervision over the quality of construction and installation works and design solutions, as well as compliance with urban planning norms and rules in the construction of apartment buildings and engineering and transport communications. Send suggestions for the document Listen to audio Get a reference from the document element 16. The Prosecutor General's Office of the Republic of Uzbekistan establish effective supervision over the timely and targeted allocation, as well as the prevention of irrational and unauthorized use of land plots issued for the construction of apartment buildings. See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element 17. The Committee for the Development of Competition and Protection of Consumer Rights of the Republic of Uzbekistan take measures to prevent anti-competitive actions by participants in electronic auctions and competitive bidding conducted in accordance with this Decree, as well as ensure the protection of the rights of housing purchasers in their relations with entrepreneurial entities carrying out the construction of apartment buildings. (point 17 in the edition Decree of the President of the Republic of Uzbekistan of July 6, 2023 No. UP-108 — National Database of Legislation, 07.07.2023, No. 06/23/108/0460) Send suggestions for the document Listen to audio Get a reference from the document element 18. The Ministry of Finance of the Republic of Uzbekistan: Send suggestions for the document Listen to audio Get a reference from the document element find additional sources of funds for placement in commercial banks of resources for the purpose of issuing mortgage loans at market rates, including funds of the State Budget of the Republic of Uzbekistan and state target funds, loans from international financial institutions and foreign government financial organizations, including those attracted to support the budget, as well as the issuance of international government bonds, and other sources not prohibited by legislation; Send suggestions for the document Listen to audio Get a reference from the document element jointly with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan conduct negotiations with the Asian Development Bank, the Islamic Development Bank, and the Saudi Fund for Development on making appropriate changes to previously signed loan agreements based on the requirements of this Decree. Send suggestions for the document Listen to audio Get a reference from the document element 19. Determine that since January 1, 2020: Send suggestions for the document Listen to audio Get a reference from the document element a) LLC "IK "Qishloq qurilish invest" and LLC "IK "Uzshahar qurilish invest" when acquiring construction materials and equipment supplied in a centralized manner to general contracting organizations for housing construction by selecting the best offers (hereinafter — acquisition of materials and equipment), within the framework of state target programs, place on a special information portal: Send suggestions for the document Listen to audio Get a reference from the document element an announcement containing information provided for in Article 52 of the Law of the Republic of Uzbekistan "On State Procurement", as well as the final deadline for receipt of participants' offers by the procurement commission, which must be no less than fifteen days; Send suggestions for the document Listen to audio Get a reference from the document element the protocol of the procurement commission on the results of selecting the best offers — no later than two working days from the date of its preparation for public discussion; Send suggestions for the document Listen to audio Get a reference from the document element information on contracts concluded as a result of selecting the best offers — no later than three working days from the date of their conclusion; See previous edition. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element b) The Accounts Committee and the Committee for the Development of Competition and Protection of Consumer Rights of the Republic of Uzbekistan on a permanent basis conduct remote analysis of the efficiency and effectiveness of the acquisition of materials and equipment, if necessary with site visits, with the placement of analysis results on the special information portal of state procurement and their official websites, respectively. (subparagraph "b" of point 19 in the edition Decree of the President of the Republic of Uzbekistan of July 6, 2023 No. UP-108 — National Database of Legislation, 07.07.2023, No. 06/23/108/0460) Send suggestions for the document Listen to audio Get a reference from the document element 20. Impose personal responsibility on: Send suggestions for the document Listen to audio Get a reference from the document element

First Deputy Prime Minister of the Republic of Uzbekistan — Minister of Transport of the Republic of Uzbekistan A.Zh. Ramatov — for carrying out general coordination of the construction processes of multi-apartment buildings in accordance with this Decree, and for attracting qualified construction contracting organizations to participate in the electronic auction for the provision of land plots; See previous edition. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element Deputy Prime Minister of the Republic of Uzbekistan — Minister of Economic Development and Reduction of Poverty D.A. Kuchkarov — for ensuring transparent and open selection of persons to whom subsidies are paid, including by actively involving the applicants themselves, the broad public, and civil society institutions in this process; (paragraph three of point 20 in the edition of the Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element Chairman of the Central Bank of the Republic of Uzbekistan M.B. Nurmuratov — for taking measures to ensure the rights and legitimate interests of citizens when obtaining and servicing mortgage loans and for monitoring the activities of participating commercial banks in accordance with the new procedure; See previous edition. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element Minister of Finance of the Republic of Uzbekistan T.A. Ishmetov — for the timely allocation from the State Budget of the Republic of Uzbekistan of the necessary funds and for attracting other financial resources for the implementation of measures provided for by this Decree; (paragraph five of point 20 in the edition of the Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) Send suggestions for the document Listen to audio Get reference from document element Minister of Construction of the Republic of Uzbekistan B.I. Zakirov — for ensuring the high-quality execution of construction and installation works and the timely commissioning of multi-apartment buildings and engineering and transport communications; Send suggestions for the document Listen to audio Get reference from document element Chairman of the Council of Ministers of the Republic of Karakalpakstan, Khokims of regions and the city of Tashkent — for the proper organization of the construction of multi-apartment buildings and engineering and transport communications, including the timely provision of land plots for the construction of these buildings, achievement of target indicators for their construction, ensuring the effective work of territorial tender commissions for the selection of contracting organizations for the construction of residential houses in rural areas, and the transparency and openness of their activities. Send suggestions for the document Listen to audio Get reference from document element 21. Deputy Prime Ministers of the Republic of Uzbekistan A.Zh. Ramatov and D.A. Kuchkarov, based on the requirements of this Decree, within a week's time, approve for 2020 a plan of measures for the organization of the work of executive bodies at the local level and other participating organizations for the effective and uniform implementation of the new procedure, as well as extensive explanatory measures among the population on the issue of acquiring housing, including the conduct of cycles of thematic studio and on-location TV and radio programs. Send suggestions for the document Listen to audio Get reference from document element The plan of measures should provide for the monthly volume of work of each Khokim on the selection of land plots, attraction of contracting organizations for the construction of houses, and ensuring the timely commissioning of houses and engineering and transport communications. [ OKOZ: 1. 21.00.00.00 Complex documents on amendments and additions / 21.02.00.00 Decrees and Resolutions of the President of the Republic of Uzbekistan] Send suggestions for the document Listen to audio Get reference from document element 22. Make changes and additions to some acts of the President of the Republic of Uzbekistan according to Appendix No. 9 . Send suggestions for the document Listen to audio Get reference from document element 23. The Ministry of Finance, jointly with the Ministry of Economy and Industry, the Ministry of Justice, and other interested agencies, within two months, submit to the Cabinet of Ministers of the Republic of Uzbekistan proposals for changes and additions to legislation arising from this Decree. Send suggestions for the document Listen to audio Get reference from document element 24. Control over the implementation of this Decree is entrusted to the Prime Minister of the Republic of Uzbekistan A.N. Aripov, Deputy Prime Ministers of the Republic of Uzbekistan A.Zh. Ramatov and D.A. Kuchkarov, and Advisor to the President of the Republic of Uzbekistan R.A. Guliamov. Send suggestions for the document Listen to audio Get reference from document element President of the Republic of Uzbekistan Sh. MIRZIYOYEV Send suggestions for the document Listen to audio Get reference from document element city of Tashkent, Send suggestions for the document Listen to audio Get reference from document element November 28, 2019, Send suggestions for the document Listen to audio Get reference from document element No. UP-5886 See previous edition. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element APPENDIX No. 1 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get reference from document element TARGET INDICATORS Send suggestions for the document Listen to audio Get reference from document element for the construction of multi-apartment buildings and the payment of subsidies in accordance with the new procedure in rural areas for 2020 * Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element

No.

Name of regions

Total number of apartments in multi-apartment buildings

Estimated cost of expenditures

(billion sum) in particular at the expense of:

Number of persons to whom subsidies are paid for compensation of part of the interest rate from the State Budget funds

initial deposits

(billion sum)

resources allocated to commercial banks for subsequent lending to the population

(billion sum)

TOTAL

4,000

800.0

80.2

719.8

3,680

Andijan region

700

143.5

14.4

129.2

700

Bukhara region

500

102.5

10.3

92.3

500

Namangan region

700

143.5

14.4

129.2

700

Samarkand region

900

184.5

18.5

166.1

900

Surkhandarya region

500

82.0

8.2

73.8

180

Fergana region

700

143.6

14.4

129.2

700 Send suggestions for the document Listen to audio Get reference from document element Note: Send suggestions for the document Listen to audio Get reference from document element

  • In the Target Indicators for the construction of multi-apartment buildings and the payment of subsidies in accordance with the new procedure in rural areas for 2020, the Cabinet of Ministers of the Republic of Uzbekistan may make appropriate changes upon the proposal of the Republican Commission for the implementation of the new order of construction and sale of housing based on market principles." (Appendix No. 1 in the edition of the Decree of the President of the Republic of Uzbekistan dated August 5, 2021 No. UP-6274 — National Database of Legislation, 06.08.2021, No. 06/21/6274/0766) See previous edition. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element APPENDIX No. 2 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get reference from document element TARGET INDICATORS Send suggestions for the document Listen to audio Get reference from document element for the construction of multi-apartment buildings and the payment of subsidies in accordance with the new procedure in cities for 2020

Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element

No.

Name of regions

Total number of apartments in multi-apartment buildings

in particular for:

Estimated cost of expenditures

(billion sum) in particular at the expense of::

Number of persons to whom subsidies are paid for compensation of part of the initial deposit and interest rate on the mortgage loan **

families in need of housing improvement

labor migrants

particularly outstanding young families

women in difficult social situations

servicemen of the Ministry of Defense

servicemen of the National Guard

employees of internal affairs bodies

Initial deposits

(billion sum)

of which:

resources allocated to commercial banks for subsequent lending to the population

(billion sum)

subsidies from the State Budget funds for payment of the initial deposit

funds allocated from the State Budget of the Republic of Uzbekistan to servicemen of the Ministry of Defense, National Guard, and employees of internal affairs bodies for payment of the initial deposit

number of apartments

amount

(billion sum)

number of apartments

amount

(billion sum)

TOTAL

13,750

10,926

1,331

153

320

540

225

255

4,467.0

907.6

11,405

366.7

1,020

70.4

3,559.5

11,405

Republic of Karakalpakstan

270

159

15

11

25

30

15

15

74.5

15.7

212

5.9

60

4.1

58.8

212

Andijan region

540

268

148

6

28

60

15

15

149.0

31.1

619

17.4

90

6.2

118.0

619

Bukhara region

540

368

79

9

24

30

15

15

149.0

30.6

424

11.7

60

4.1

118.4

424

Jizzakh region

216

115

10

7

24

30

15

15

59.6

12.8

170

4.7

60

4.1

46.9

170

Kashkadarya region

320

112

101

19

28

30

15

15

88.3

18.5

251

6.9

60

4.1

69.8

251

Navoi region

216

121

10

15

10

30

15

15

59.6

12.8

170

4.7

60

4.1

46.9

170

Namangan region

540

384

71

5

20

30

15

15

149.0

30.6

629

17.4

60

4.1

118.4

629

Samarkand region

800

324

312

18

26

75

15

30

220.8

45.8

868

24.0

120

8.3

175.0

868

Sirdarya region

216

73

35

11

37

30

15

15

59.6

12.8

170

4.7

60

4.1

46.9

170

Surkhandarya region

655

413

168

8

6

30

15

15

179.9

36.9

652

18.0

60

4.1

182.1

652

Tashkent region

796

511

58

11

36

90

45

45

219.7

46.4

625

17.3

180

12.4

173.3

625

Fergana region

540

243

153

22

32

45

15

30

149.0

31.1

629

17.6

90

6.2

118.0

629

Khorezm region

216

112

9

11

24

30

15

15

59.6

12.8

170

4.7

60

4.1

46.9

170

Tashkent city

7,885

7,723

162

2,849.1

569.7

5,816

211.7

2,240.3

5,816 Send suggestions for the document Listen to audio Get reference from document element Note. Send suggestions for the document Listen to audio Get reference from document element

  • In the Target Indicators for the construction of multi-apartment buildings and the payment of subsidies in accordance with the new procedure in cities for 2020, the Cabinet of Ministers of the Republic of Uzbekistan may make appropriate changes upon the proposal of the Republican Commission for the implementation of the new order of construction and sale of housing based on market principles. * Send suggestions for the document Listen to audio Get reference from document element ** Subsidies exceeding the number of apartments built in Andijan, Namangan, and Fergana regions may be issued for mortgage loans provided for the purchase of apartments implemented in the primary housing market and built outside the framework of the new procedure. (Appendix No. 2 in the edition of the Decree of the President of the Republic of Uzbekistan dated August 5, 2021 No. UP-6274 — National Database of Legislation, 06.08.2021, No. 06/21/6274/0766) See previous edition. (Appendix No. 3 lost force by the Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) See previous edition. (Appendix No. 4 lost force by the Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) See previous edition. (Appendix No. 5 lost force by the Decree of the President of the Republic of Uzbekistan dated March 11, 2021 No. UP-6186 — National Database of Legislation, 11.03.2021, No. 06/21/6186/0200) See previous edition. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element APPENDIX No. 6 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get reference from document element COMPOSITION Send suggestions for the document Listen to audio Get reference from document element of the Republican Commission for the implementation of the new order of construction and sale of housing based on market principles Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element

D.A. Kuchkarov

Deputy Prime Minister of the Republic of Uzbekistan on financial and economic issues and reduction of poverty — Minister of Economic Development and Reduction of Poverty, Chairman of the Republican Commission

O.Z. Nasritdinkhodjaev

First Deputy Minister of Finance of the Republic of Uzbekistan, Deputy Chairman of the Republican Commission

B.I. Zakirov

Minister of Construction of the Republic of Uzbekistan

M.Kh. Saliev

Minister of Housing and Communal Services of the Republic of Uzbekistan

R.T. Mamatov

Minister for Support of Mahalla and Family of the Republic of Uzbekistan

Sh.A. Abidov

Head of the Secretariat of the Cabinet of Ministers of the Republic of Uzbekistan

A.M. Boboev

Deputy Minister of Economic Development and Reduction of Poverty of the Republic of Uzbekistan

Kh.S. Turakhuzhaev

First Deputy Chairman of the State Tax Committee of the Republic of Uzbekistan — Director of the Cadastre Agency under the State Tax Committee

By virtue of office

Chairman of the Council of Ministers of the Republic of Karakalpakstan, Khokims of regions and the city of Tashkent

By virtue of office

Director of the Department of the Ministry of Finance of the Republic of Uzbekistan

By virtue of office

Director of the Department of the Ministry of Economic Development and Reduction of Poverty of the Republic of Uzbekistan, Responsible Secretary of the Republican Commission Send suggestions for the document Listen to audio Get reference from document element Note. Upon the transfer of members of the Republican Commission to other work, persons newly appointed to these positions, or persons assigned to perform the corresponding functions, are included in its composition. (Appendix No. 6 in the edition of the Decree of the President of the Republic of Uzbekistan dated December 7, 2020 No. UP-6126 — National Database of Legislation, 07.12.2020, No. 06/20/6126/1608) Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element APPENDIX No. 7 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get reference from document element Main parameters Send suggestions for the document Listen to audio Get reference from document element for the construction of affordable multi-apartment buildings in rural areas with the participation of LLC "IK "Kishloq qurilish invest" for 2020 * Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element

No.

Name of regions

Total number of apartments in multi-apartment buildings

in particular for:

Estimated cost of expenditures (billion sum) in particular at the expense of:

families in need of housing improvement

labor migrants

Particularly outstanding young families

women in difficult social situations

categories of citizens

of which:

Initial deposits (billion sum)

of which funds allocated from the State Budget to certain categories of citizens for payment of the initial deposit

resources directed to commercial banks for lending, including funds of international financial institutions

of which funds:

Servicemen of the Ministry of Defense

Servicemen of the National Guard

Employees of internal affairs bodies

ADB

EBRD

State Budget

number of apartments

amount (billion sum)

number of apartments

amount (billion sum)

number of apartments

amount (billion sum)

number of apartments

amount (billion sum)

TOTAL

8,000

4,559

1,486

329

636

990

510

225

255

1,640

238.6

990

50.7

1,401.4

4,700

822.9

2,310

426.2

990

152.2

Republic of Karakalpakstan

600

315

140

26

60

60

30

15

15

123.0

14.1

60

3.1

108.9

540

99.6

60

9.2

Andijan region

1,350

1,007

215

13

56

60

30

15

15

276.8

29.5

60

3.1

247.2

1,290

238.0

60

9.2

Bukhara region

450

209

120

17

44

60

30

15

15

92.3

11.1

60

3.1

81.2

390

72.0

60

9.2

Jizzakh region

330

148

60

14

48

60

30

15

15

67.7

8.6

60

3.1

59.0

270

49.8

60

9.2

Kashkadarya region

1,140

843

150

35

52

60

30

15

15

233.7

25.2

60

3.1

208.5

1,080

199.3

60

9.2

Navoi region

300

148

30

30

32

60

30

15

15

61.5

8.0

60

3.1

53.5

240

44.3

60

9.2

Namangan region

660

335

180

11

44

90

60

15

15

135.3

16.3

90

4.6

119.0

270

49.8

300

55.4

90

13.8

Samarkand region

480

238

61

35

56

90

45

15

30

98.4

12.6

90

4.6

85.8

390

72.0

90

13.8

Sirdarya region

270

111

45

22

32

60

30

15

15

55.4

7.4

60

3.1

48.0

210

38.7

60

9.2

Surkhandarya region

450

271

45

23

52

60

30

15

15

92.3

35.0

60

3.1

57.2

390

48

60

9.2

Tashkent region

720

357

90

33

60

180

90

45

45

147.6

20.3

180

9.2

127

540

99.6

180

27.7

Fergana region

690

284

210

46

60

90

45

15

30

141.5

16.9

90

4.6

124.5

600

110.7

90

13.8

Khorezm region

560

295

140

26

40

60

30

15

15

114.8

33.6

60

3.1

81.2

500

72

60

9.2 Send suggestions for the document Listen to audio Get reference from document element Note: Send suggestions for the document Listen to audio Get reference from document element

  • In the Main parameters for the construction of affordable multi-apartment buildings in rural areas with the participation of LLC "IK "Kishloq qurilish invest" for 2020, appropriate changes may be made by the Cabinet of Ministers of the Republic of Uzbekistan based on population demand, allocation of land plots, sources of financing, number of floors, and house projects. Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element APPENDIX No. 8 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get reference from document element Main parameters Send suggestions for the document Listen to audio Get reference from document element for the construction of affordable multi-apartment buildings in cities with the participation of LLC "IK "Uzshahar qurilish invest" for 2020

Send suggestions for the document Listen to audio Get reference from document element Send suggestions for the document Listen to audio Get reference from document element

No.

Name of regions

Total number of apartments in multi-apartment buildings

in particular for:

Estimated cost of expenditures (billion sum) in particular at the expense of:

families in need of housing improvement

labor migrants

Particularly outstanding young families

women in difficult social situations

Servicemen of the Ministry of Defense

Servicemen of the National Guard

Servicemen of the Ministry of Emergency Situations

Employees of internal affairs bodies

Initial deposits (billion sum)

of which:

resources allocated to commercial banks for subsequent lending to the population (billion sum)

number of servicemen

initial deposit from the State Budget for servicemen

TOTAL

4,256

2,239

645

176

316

356

300

56

168

1,257.1

220.3

880

79.2

1,036.9

Republic of Karakalpakstan

244

139

55

15

35

67.3

10.1

57.2

Andijan region

268

176

57

7

28

74.0

11.1

62.9

Bukhara region

216

147

41

8

20

59.6

8.9

50.7

Jizzakh region

236

155

50

7

24

65.1

9.8

55.4

Kashkadarya region

240

151

49

16

24

66.2

9.9

56.3

Navoi region **

210

153

20

15

22

58.0

8.7

49.3

Namangan region

108

29

49

6

24

29.8

4.5

25.3

Samarkand region

240

116

77

17

30

66.2

9.9

56.3

Sirdarya region

210

153

10

12

35

58.0

8.7

49.3

Surkhandarya region **

492


417

57

12

6

135.8

20.4

115.4

Tashkent region **

182

104

32

22

24

50.2

7.5

42.7

Fergana region **

328

219

57

24

28

90.5

13.6

76.9

Khorezm region **

300

178

91

15

16

82.8

12.4

70.4

city of Tashkent **

982

102

356

300

56

168

353.5

84.7

880

79.2

268.8 Send suggestions for the document Listen to audio Get a reference from the document element Note: Send suggestions for the document Listen to audio Get a reference from the document element

  • The Cabinet of Ministers of the Republic of Uzbekistan may make appropriate changes to the Basic Parameters for the Construction of Affordable Multi-Storey Apartment Buildings in Cities with the participation of LLC "IK "Uzshahar Qurilish Invest" for 2020, based on population demand, land allocation, number of floors, and building projects. Send suggestions for the document Listen to audio Get a reference from the document element ** Taking into account apartments whose construction and reconstruction began in 2019 (reconstruction of 54 apartments in the Tashkent region, as well as construction in the Navoi region of 210 apartments, in the Fergana region — 168, in the Khorezm region — 84, in the Surkhandarya region — 414, and in the city of Tashkent — 918). Send suggestions for the document Listen to audio Get a reference from the document element ** By July 1, 2020, in the construction and sale of 330 apartments, the construction of which began in 2019 in the Shargun and Denau districts of the Surkhandarya region, tax benefits and other mandatory payments provided for within the framework of the implementation of targeted state programs for the construction of affordable multi-storey apartment buildings in cities for 2019 are applied as an exception. Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element APPENDIX No. 9 to the Decree of the President of the Republic of Uzbekistan dated November 28, 2019 No. UP-5886 Send suggestions for the document Listen to audio Get a reference from the document element Changes and additions made to certain acts of the President of the Republic of Uzbekistan Send suggestions for the document Listen to audio Get a reference from the document element Send suggestions for the document Listen to audio Get a reference from the document element
  1. In the Decree of the President of the Republic of Uzbekistan dated May 13, 2019 No. UP-5715 "On Additional Measures to Develop and Expand the Mortgage Lending Market": Send suggestions for the document Listen to audio Get a reference from the document element a) in subparagraph "a" of paragraph 7: Send suggestions for the document Listen to audio Get a reference from the document element the first paragraph is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "a) provision within the framework of the implementation of targeted programs for 2020 of mortgage loans on new terms, providing for"; Send suggestions for the document Listen to audio Get a reference from the document element in the third paragraph the word "gradually" is replaced by the word "uniformly"; Send suggestions for the document Listen to audio Get a reference from the document element b) paragraph 9 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "9. Cancel with effect from January 1, 2020 the action of benefits on value-added tax (including upon import), provided within the framework of the implementation of targeted programs for 2020 and subsequent years". Send suggestions for the document Listen to audio Get a reference from the document element
  2. In the sixth paragraph of paragraph 4 of the Decree of the President of the Republic of Uzbekistan dated March 30, 2009 No. PP-1083 "On the Creation of the Joint-Stock Commercial Bank "Qishloq Qurilish Bank" the words "January 1, 2020" and "gradually" are replaced respectively by the words "implementation of state targeted programs for 2020" and "uniformly". Send suggestions for the document Listen to audio Get a reference from the document element
  3. In the third paragraph of paragraph 4 of the Decree of the President of the Republic of Uzbekistan dated January 4, 2013 No. PP-1902 "On the Program for the Construction of Individual Housing by Standard Projects in Rural Areas for 2013" the words "from January 1, 2013" are replaced by the words "by July 1, 2020". Send suggestions for the document Listen to audio Get a reference from the document element
  4. In the Decree of the President of the Republic of Uzbekistan dated October 21, 2016 No. PP-2639 "On the Program for the Construction of Affordable Housing by Updated Standard Projects in Rural Areas for 2017 — 2021": Send suggestions for the document Listen to audio Get a reference from the document element a) paragraphs 2 and 3 are to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "2. It is considered expedient to introduce the following new types of affordable housing in rural areas (hereinafter — residential buildings) in addition to existing standard projects: Send suggestions for the document Listen to audio Get a reference from the document element four-storey affordable multi-storey apartment (2- and 3-room) buildings in settlements included in the "Obod qishloq" program, as well as in areas with high population density and equipped with necessary engineering and transport communications; Send suggestions for the document Listen to audio Get a reference from the document element five-storey affordable multi-storey apartment (2- and 3-room) buildings in cities for servicemen of the Ministry of Defense, the National Guard of the Republic of Uzbekistan, and employees of internal affairs bodies (hereinafter — separate categories of citizens). Send suggestions for the document Listen to audio Get a reference from the document element
  5. It is established that for the construction of standard residential buildings, JSC "Qishloq Qurilish Bank", the National Bank for Foreign Economic Activities of the Republic of Uzbekistan, JSCB "Ipoteka Bank", JSC "Halk Bank", JSC "Asaka", and JSC "Uzsanoatqurilishbank" (hereinafter — participating commercial banks) provide developers with mortgage loans: Send suggestions for the document Listen to audio Get a reference from the document element a) within the framework of the implementation of the Program for the Construction of Affordable Housing by Standard Projects in Rural Areas for 2019 for a term of 20 years (15 years — for the construction of affordable multi-storey apartment buildings for separate categories of citizens) with a grace period of 2 years and an interest rate of 7 percent per annum for the first 5 years and at the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period, with an initial developer contribution of: Send suggestions for the document Listen to audio Get a reference from the document element 10 percent — for four-storey multi-storey apartment (2- and 3-room) residential buildings and one-storey 3-room residential buildings located on land plots of 0.02 hectares; Send suggestions for the document Listen to audio Get a reference from the document element 25 percent — for five-storey affordable multi-storey apartment (2- and 3-room) buildings being constructed for separate categories of citizens; Send suggestions for the document Listen to audio Get a reference from the document element b) within the framework of the implementation of the Program for the Construction of Affordable Housing by Standard Projects in Rural Areas for 2020 for a term of 20 years (15 years — for the construction of affordable multi-storey apartment buildings for separate categories of citizens) with a grace period of 1 year and an annually uniformly increasing interest rate from a fixed 7 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years and at the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period, with an initial developer contribution of: Send suggestions for the document Listen to audio Get a reference from the document element 10 percent — for four-storey multi-storey apartment (2- and 3-room) residential buildings; Send suggestions for the document Listen to audio Get a reference from the document element 25 percent — for five-storey affordable multi-storey apartment (2- and 3-room) buildings being constructed for separate categories of citizens"; Send suggestions for the document Listen to audio Get a reference from the document element b) the second paragraph of paragraph 6 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "open credit lines in national currency upon applications from participating commercial banks with a 2-year grace period, at an interest rate of 4 percent per annum for the first 5 years and at the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period (within the framework of the implementation of the Program for 2020 and subsequent years — with a one-year grace period and an annually uniformly increasing interest rate from a fixed 4 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years and at the refinancing rate of the Central Bank in the subsequent period), taking into account the margin of participating commercial banks at 3 percent per annum, for persons residing in rural areas — for a term of 20 years, for separate categories of citizens — for 15 years, with the targeted use of credit line funds for the construction of affordable housing"; Send suggestions for the document Listen to audio Get a reference from the document element c) paragraph 12 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "12. Exempt within the framework of the Program: Send suggestions for the document Listen to audio Get a reference from the document element a) until January 1, 2020: Send suggestions for the document Listen to audio Get a reference from the document element contracting organizations from payment of all types of taxes — in part of the volume of works on the construction of residential buildings, water supply facilities, and automobile roads of microdistricts on a turnkey basis under contracts concluded with LLC "IK "Qishloq Qurilish Invest"; Send suggestions for the document Listen to audio Get a reference from the document element subcontracting organizations from payment of the unified tax payment — in part of the volume of works performed by them under contracts with general contracting organizations that have concluded contracts with LLC "IK "Qishloq Qurilish Invest" for the construction of residential buildings, water supply facilities, and automobile roads of microdistricts; Send suggestions for the document Listen to audio Get a reference from the document element organizations producing construction materials and equipment, as well as organizations transporting them, from payment of the unified tax payment — in part of the volume of sales and transportation (including import) of construction materials and equipment of LLC "IK "Qishloq Qurilish Invest" and general contracting organizations that have concluded contracts with LLC "IK "Qishloq Qurilish Invest" for the construction of residential buildings on a turnkey basis; Send suggestions for the document Listen to audio Get a reference from the document element LLC "IK "Qishloq Qurilish Invest" — from payment of all types of taxes; Send suggestions for the document Listen to audio Get a reference from the document element JSC "Uzsanoateksport" — from payment of customs duties (except for customs fees) for imported lumber and roofing metal sheets not produced in the republic, according to Appendix No. 7, as well as other construction materials from the list approved by the Cabinet of Ministers of the Republic of Uzbekistan; Send suggestions for the document Listen to audio Get a reference from the document element LLC "Toshkent qishloq qurilish service" and transport organizations — from payment of the unified tax payment — in part of the volume of works on the processing of roofing metal sheets and their delivery to LLC "IK "Qishloq Qurilish Invest"; Send suggestions for the document Listen to audio Get a reference from the document element b) until July 1, 2020, from value-added tax in part of the implementation of the Program for 2017 — 2019: Send suggestions for the document Listen to audio Get a reference from the document element contracting organizations — in part of the volume of works on the construction of residential buildings, water supply facilities, local sewage treatment facilities, and automobile roads of microdistricts on a turnkey basis under contracts concluded with LLC "IK "Qishloq Qurilish Invest"; Send suggestions for the document Listen to audio Get a reference from the document element organizations producing construction materials and equipment, as well as organizations transporting them — in part of the volume of sales and transportation of construction materials and equipment of LLC "IK "Qishloq Qurilish Invest" and general contracting organizations that have concluded contracts with LLC "IK "Qishloq Qurilish Invest" for the construction of residential buildings on a turnkey basis; Send suggestions for the document Listen to audio Get a reference from the document element LLC "IK "Qishloq Qurilish Invest" — in part of the implementation of goods (works and services), including residential buildings (apartments in multi-storey apartment buildings); Send suggestions for the document Listen to audio Get a reference from the document element LLC "Qishloq Qurilish Loyiha" — in part of the volume of design and survey works performed for the construction of residential buildings, engineering and transport communications, and infrastructure facilities under contracts concluded with LLC "IK "Qishloq Qurilish Invest"; Send suggestions for the document Listen to audio Get a reference from the document element LLC "Toshkent qishloq qurilish service" and transport organizations — in part of the volume of works on the processing of roofing metal sheets and their delivery to LLC "IK "Qishloq Qurilish Invest". Send suggestions for the document Listen to audio Get a reference from the document element The State Tax Committee of the Republic of Uzbekistan is to establish strict control over the correct provision of tax and customs benefits provided for by this Decree". Send suggestions for the document Listen to audio Get a reference from the document element
  6. In the Decree of the President of the Republic of Uzbekistan dated November 22, 2016 No. PP-2660 "On Measures to Implement the Program for the Construction and Reconstruction of Affordable Multi-Storey Apartment Buildings in Cities for 2017 — 2020": Send suggestions for the document Listen to audio Get a reference from the document element a) in paragraph 4 : Send suggestions for the document Listen to audio Get a reference from the document element the second paragraph after the word "open" is to be supplemented with the words "within the framework of the implementation of the Program for 2019"; Send suggestions for the document Listen to audio Get a reference from the document element the fourth paragraph after the words "first 5 years" is to be supplemented with the words "(starting with the implementation of the Program for 2020 with a one-year grace period, an annually uniformly increasing interest rate from a fixed 7 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years)"; Send suggestions for the document Listen to audio Get a reference from the document element b) paragraph 17 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "17. Exempt: Send suggestions for the document Listen to audio Get a reference from the document element a) until July 1, 2020, natural persons (borrowers) from payment of property tax on purchased apartments until they repay the mortgage loan provided within the framework of the implementation of the Program by JSCB "Ipoteka Bank", JSC "Uzpromstroybank", and JSC "Asaka Bank"; Send suggestions for the document Listen to audio Get a reference from the document element b) until January 1, 2020, within the framework of the implementation of the Program: Send suggestions for the document Listen to audio Get a reference from the document element general contracting and subcontracting organizations — from payment of all types of taxes in part of the volume of works carried out by them on the construction and reconstruction of multi-storey apartment buildings on a turnkey basis; Send suggestions for the document Listen to audio Get a reference from the document element organizations-manufacturers of construction materials, equipment, construction machinery, and motor vehicles (within the territory of the republic) — from payment of value-added tax and unified tax payment in part of the volumes of construction materials, equipment, construction machinery, and motor vehicles realized by IK "Uzshahar Qurilish Invest" and contracting organizations for the construction and reconstruction of multi-storey apartment buildings on a turnkey basis; Send suggestions for the document Listen to audio Get a reference from the document element IK "Uzshahar Qurilish Invest" and general contracting organizations — from payment of customs duties (except for customs fees) for imported raw materials, products, units, structures, construction materials, construction machinery, and equipment, as well as spare parts to them, motor vehicles, including road construction machinery, from lists approved in the established order; Send suggestions for the document Listen to audio Get a reference from the document element importing organizations — from payment of customs duties (except for customs fees) for imported construction materials, raw materials, products, units, and structures, including lumber and roofing metal sheets, passenger elevators, individual boilers, equipment, and spare parts to them, including components and materials for their production (or assembly), as well as from value-added tax and unified tax payment in part of the supply of imported goods to the address of IK "Uzshahar Qurilish Invest" and general contracting organizations; Send suggestions for the document Listen to audio Get a reference from the document element organizations performing works (services), including non-residents of the Republic of Uzbekistan — from payment of value-added tax and unified tax payment in part related to the implementation of the Program; Send suggestions for the document Listen to audio Get a reference from the document element "IK "Uzshahar Qurilish Invest" — from payment of all types of taxes; Send suggestions for the document Listen to audio Get a reference from the document element c) until July 1, 2020, from value-added tax, the turnover of "IK "Uzshahar Qurilish Invest" in the sale of residential buildings (apartments in multi-storey apartment buildings) built within the framework of the Program for 2017 — 2019"; Send suggestions for the document Listen to audio Get a reference from the document element c) the text of Appendix No. 1 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "BASIC PARAMETERS Program for the Construction of Affordable Multi-Storey Apartment Buildings in Cities for 2017 — 2020 Years* Send suggestions for the document Listen to audio Get a reference from the document element

No.

Region Name

2017

2018

2019

2020

No. of

buildings

No. of

apartments

No. of

buildings

No. of

apartments

No. of

buildings

No. of

apartments

No. of

apartments

TOTAL:

191

7,919

335

13,917

355

14,757

4,250

Republic of Karakalpakstan

7

315

10

450

10

450

244

Andijan Region

7

294

14

588

14

588

268

Bukhara Region

6

252

10

420

10

420

216

Jizzakh Region

5

210

15

645

15

645

268

Kashkadarya Region

7

315

14

630

14

630

256

Navoi Region

5

210

8

336

8

336

210

Namangan Region

8

336

14

588

14

588

216

Samarkand Region

9

405

16

720

16

720

256

Syrdarya Region

5

225

10

450

10

450

210

Surkhandarya Region

5

210

10

420

10

420

414

Tashkent Region

15

624

40

1,680

40

1,680

216

Fergana Region

5

210

14

600

14

600

296

Khorezm Region

5

225

10

450

10

450

300

City of Tashkent

102

4,088

150

5,940

170

6,780

880 Send suggestions for the document Listen to audio Get a reference from the document element

  • The parameters for the construction of multi-storey buildings will be clarified upon approval of the general plans of the corresponding cities". Send suggestions for the document Listen to audio Get a reference from the document element
  1. In the Decree of the President of the Republic of Uzbekistan dated October 23, 2017 No. PP-3350 "On Additional Measures for Effective Implementation of the Program for the Construction and Reconstruction of Affordable Multi-Storey Apartment Buildings in Cities for 2017 — 2020": Send suggestions for the document Listen to audio Get a reference from the document element a) the second paragraph of paragraph 6 after the word "floors" is to be supplemented with the words "within the framework of the implementation of the Program for 2019"; Send suggestions for the document Listen to audio Get a reference from the document element b) in paragraph 7 : Send suggestions for the document Listen to audio Get a reference from the document element the third paragraph after the word "per annum" is to be supplemented with the words "(within the framework of the implementation of the Program for 2020 — with a one-year grace period and an annually uniformly increasing interest rate from a fixed 4 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years and at the refinancing rate of the Central Bank in the subsequent period, taking into account the margin of participating commercial banks at 3 percent per annum)"; Send suggestions for the document Listen to audio Get a reference from the document element the fourth paragraph after the words "Ipoteka Bank" is to be supplemented with the words "within the framework of the implementation of the Program for 2019"; Send suggestions for the document Listen to audio Get a reference from the document element c) the text of Appendix No. 1 is to be worded as follows: Send suggestions for the document Listen to audio Get a reference from the document element "BASIC PARAMETERS Program for the Construction and Reconstruction of Affordable Multi-Storey Apartment Buildings in Cities for 2018 — 2020 Years Send suggestions for the document Listen to audio Get a reference from the document element

No.

Region Name

2018

2019

2020

No. of

buildings*

No. of

apartments**

No. of

buildings*

No. of

apartments**

No. of

apartments**

TOTAL:

335

13,917

355

14,757

4,250

Republic of Karakalpakstan

10

450

10

450

244

Andijan Region

14

588

14

588

268

Bukhara Region

10

420

10

420

216

Jizzakh Region

15

645

15

645

268

Kashkadarya Region

14

630

14

630

256

Navoi Region

8

336

8

336

210

Namangan Region

14

588

14

588

216

Samarkand Region

16

720

16

720

256

Syrdarya Region

10

450

10

450

210

Surkhandarya Region

10

420

10

420

414

Tashkent Region

40

1,680

40

1,680

216

Fergana Region

14

600

14

600

296

Khorezm Region

10

450

10

450

300

City of Tashkent

150

5,940

170

6,780

880 Submit suggestions for the document Listen to audio Get a reference from the document element

  • The number of available multi-apartment buildings will be clarified upon approval of the general plans of the corresponding cities (development arrays). Submit suggestions for the document Listen to audio Get a reference from the document element ** The number of apartments will be clarified following the determination of building height and the adaptation of standard projects to the local area"; Submit suggestions for the document Listen to audio Get a reference from the document element v) In the name of Appendix No. 3, after the word "conditions", add the words ", within the framework of the implementation of the Program for 2019". Submit suggestions for the document Listen to audio Get a reference from the document element
  1. In the Decree of the President of the Republic of Uzbekistan dated July 18, 2018 No. PP-3863 "On additional measures to improve the mechanisms for implementing programs for the construction of affordable housing according to updated standard projects in rural areas and affordable multi-apartment buildings in cities for 2018": Submit suggestions for the document Listen to audio Get a reference from the document element the first paragraph of paragraph 1 is to be worded as follows: Submit suggestions for the document Listen to audio Get a reference from the document element "1. Agree with the proposals of the Ministry of Economy and Industry, the Ministry of Finance, AKB "Qishloq Qurilish Bank", the National Bank for Foreign Economic Activities of the Republic of Uzbekistan, AKIB "Ipoteka Bank", AKB "Xalq Banki", AKB "Asaka", and AKB "Uzsanoatqurilishbank" (hereinafter - participating commercial banks) regarding the provision of mortgage loans with a term of 20 years and a 2-year preferential period, and an interest rate of 7 percent per annum for the first 5 years (within the framework of the implementation of programs for 2020 - with a one-year preferential period and a uniformly increasing interest rate each year from a fixed 7 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years) and at the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period"; Submit suggestions for the document Listen to audio Get a reference from the document element the second paragraph of paragraph 2 is to be worded as follows: Submit suggestions for the document Listen to audio Get a reference from the document element "open credit lines in national currency upon applications from participating commercial banks with a term of 20 years for the construction of affordable housing for families in need of improved living conditions, including a 2-year preferential period, at a rate of 4 percent per annum for the first 5 years (within the framework of the implementation of programs for 2020 - with a one-year preferential period and a uniformly increasing interest rate each year from a fixed 4 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years) and at the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period, minus the margin of participating commercial banks of 3 percent per annum, with the targeted use of credit line funds for the construction of residential houses within the framework of the Program for the construction of affordable housing according to updated standard projects in rural areas". Submit suggestions for the document Listen to audio Get a reference from the document element
  2. In the Decree of the President of the Republic of Uzbekistan dated November 24, 2018 No. PP-4028 "On additional measures to expand the construction of affordable housing in rural areas and for certain categories of citizens": Submit suggestions for the document Listen to audio Get a reference from the document element paragraph 2 is to be worded as follows: Submit suggestions for the document Listen to audio Get a reference from the document element "2. Approve the proposal of the Ministry of Construction, the Ministry of Finance, and the Ministry of Economy and Industry of the Republic of Uzbekistan regarding the construction within the framework of the Program of affordable housing according to the following new standard projects (hereinafter - affordable housing): Submit suggestions for the document Listen to audio Get a reference from the document element four-story affordable multi-apartment (2- and 3-room) buildings in settlements included in the "Obod qishloq" program, as well as in areas with high population density and equipped with necessary engineering and transport communications; Submit suggestions for the document Listen to audio Get a reference from the document element five-story affordable multi-apartment (2- and 3-room) buildings in cities for servicemen of the Ministry of Defense, the National Guard of the Republic of Uzbekistan, and employees of internal affairs bodies (hereinafter - certain categories of citizens)"; Submit suggestions for the document Listen to audio Get a reference from the document element paragraph 4 is to be worded as follows: Submit suggestions for the document Listen to audio Get a reference from the document element "Approve the developed by the Ministry of Economy and Industry, the Ministry of Finance, the Ministry of Construction of the Republic of Uzbekistan jointly with the Cabinet of Ministers of the Republic of Karakalpakstan, regional hokimiyats, LLC "IK "Qishloq Qurilish Invest", participating commercial banks, and other interested ministries and departments: Submit suggestions for the document Listen to audio Get a reference from the document element aggregate indicators for the construction of affordable housing in rural areas and for certain categories of citizens for 2019 according to Appendix No. 1; Submit suggestions for the document Listen to audio Get a reference from the document element main parameters for the construction of affordable housing in rural areas for 2019 according to Appendix No. 2; Submit suggestions for the document Listen to audio Get a reference from the document element main parameters for the construction of affordable multi-apartment buildings for certain categories of citizens for 2019 according to Appendix No. 3; Submit suggestions for the document Listen to audio Get a reference from the document element aggregate indicators for the construction of external engineering networks, structures, and transport communications on arrays of affordable housing for 2019 according to Appendix No. 4"; Submit suggestions for the document Listen to audio Get a reference from the document element the third paragraph of paragraph 10 is to be worded as follows: Submit suggestions for the document Listen to audio Get a reference from the document element "open credit lines in national currency upon applications from participating commercial banks with a 2-year preferential period, at a rate of 4 percent per annum for the first 5 years (within the framework of the implementation of the Program for 2020 and subsequent years - with a one-year preferential period and a uniformly increasing interest rate each year from a fixed 4 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan during the first 5 years) and at the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan in the subsequent period, taking into account the margin of participating commercial banks of 3 percent per annum, with a term of 20 years for persons residing in rural areas and 15 years - for certain categories of citizens, with the targeted use of these funds for the construction of affordable housing". Submit suggestions for the document Listen to audio Get a reference from the document element the first paragraph of paragraph 11, after the words "first 5 years", add the words "(within the framework of the implementation of the Program for 2020 and subsequent years - with a one-year preferential period and a uniformly increasing interest rate each year during the first 5 years of loan use from a fixed 7 percent to the level of the refinancing rate of the Central Bank of the Republic of Uzbekistan)"; Submit suggestions for the document Listen to audio Get a reference from the document element Appendices Nos. 1.1, 2.1, 3.1, and 4.1 are recognized as having lost force. (National Legislative Database, 29.11.2019, No. 06/19/5886/4133; 07.12.2020, No. 06/20/6126/1608; 11.03.2021, No. 06/21/6186/0200, 17.03.2021, No. 06/21/6188/0216, 06.08.2021, No. 06/21/6274/0766, 10.12.2021, No. 06/21/33/1147; 07.07.2023, No. 06/23/108/0460; 27.04.2024, No. 06/24/67/0307 )

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