Karakalpakstan Empowers Startups and Entrepreneurs with $200 Million Soft Loan Initiative and Youth Center
AsiaTechDaily
AUGUST 10, 2023
The city unveiled its plans to support local startups and nurture entrepreneurship with a series of new initiatives under the guidance of President Shavkat Mirziyoyev. ” The financing framework for the projects includes offering loans for investment endeavors at a low-interest rate of 5% p.a. in foreign currency and 12% p.a.
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