Uzbekistan to establish two new funds

BUSINESS 11:01 / 30.01.2021 1840

The funds are being created in accordance with a presidential decree.
 
They are formed at the expense of:

• funds received from paid services;
• sponsorship donations of legal entities and individuals;
• other sources not prohibited by law.

The funds are used for the following purposes:

• in the amount of not less than 75% – strengthening the material and technical base of the structural units engaged in research activities;
• in the amount of not more than 25% – financial incentives for servicemen and servicemen of the Armed Forces who carry out research activities that set a special example.

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