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Finance 01/05/2013 Banks issue 652.6bn soums of loans to producers
Banks issue 652.6bn soums of loans to producers
Tashkent, Uzbekistan (UzDaily.com) -- Commercial banks of Uzbekistan directed 652.6 billion soums of loans in the first quarter of 2013 to producers to stimulate production of locally produced consumer goods, a publication of the Ministry of Economy and State Statistics Committee of Uzbekistan said.

The state bodies said that the resources were directed to purchase technologic equipment and raise turnover funds. The growth made up 1.3 times year-on-year.

In the result, the volume of production of consumer goods rose by 9.4%, food products – by 6.3% and non-food products – 12.3%.

Uzbekistan significantly increased production of butter, edible oil, mineral water, milk, energy saving lamps, cereal, leather products, notebooks, etc.

Large enterprises, specializing in production of ready goods, increased production of automobiles and trucks, engines, tractors, trailers, cables, wires, compressors, cotton fabrics, and other products with high added value.

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