Farms in Fergana Region Receive Partial Grape Growing Costs from the Sun
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Uza.uz
uza.uz

Farms in Fergana Region Receive Partial Grape Growing Costs from the Sun

There is no need to be surprised by the headline. Indeed, there are farms in the Fergana region that cover part of their gardening costs using the sun. A modern, possibly previously unused agricultural technology has been implemented in the city of Uzumchilik.

The development of viticulture is one of the key directions demonstrating the agrarian potential of the Fergana region.

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Banks offering misleading loans may face operational restrictions
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sputniknews.uz

Banks offering misleading loans may face operational restrictions

According to the new decision, banks in Uzbekistan that offer credit products deemed misleading may face limitations or bans on certain financial operations for up to six months.

The Ministry of Justice officially registered the Central Bank Administration's decision to amend some regulatory legal acts. This occurred on September 30th.

The document establishes a requirement for the mandatory placement of warnings about financial risks in advertising materials and contracts related to loans. Banks are obliged to inform consumers that failure to meet loan obligations may lead to financial losses.

These warnings must occupy at least 10 percent of the area in print and electronic advertising, as well as a specified portion of time in audio and video advertising. Furthermore, on the first page of the loan agreement, before the main text, a warning must be placed occupying no less than 30 percent of the main surface area.

If a consumer is offered a credit product recognized as misleading, the Central Bank has the right to restrict or prohibit the bank from conducting certain financial operations or expanding its infrastructure for a period of six months. This decision will come into force one month after official publication.

Women's support program for vocational training launched in Andijan
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uza.uz

Women's support program for vocational training launched in Andijan

An event dedicated to the launch of the 'Employment and Women's Development Center' project took place in Andijan, which is aimed at supporting girls and women in need of social protection. The goal of the project is to help these women realize their potential and gain a stable source of income.

Two-day training held for youth leaders in Bakhmal district of Jizzakh region
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Two-day training held for youth leaders in Bakhmal district of Jizzakh region

A two-day training seminar was held in the Bakhmal district of the Jizzakh region, aimed at improving the qualifications of 'Mahalla Yetiligi' members among local community youth leaders.

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