Starting from next year, the “Digital Startups” program will be expanded, and a new system will be introduced to support startups from the idea stage through to export.

As part of this process, interest-free loans of up to 5 billion soums for a period of five years will be provided from the Youth Fund to establish private startup centers.

In addition, a Fintech Office and an Innovation Hub will be established at the Central Bank, with specialists from Singapore being involved. As a result, opportunities will be created to bring 15–20 fintech startups to international markets annually and to attract a total of up to 1 billion US dollars in investment for them.

Overall, the need to develop the market for new financial instruments such as venture funds, startups, and fintech, as well as to legally guarantee the rights of all participants in this sector, was emphasized.

The President called on Parliament, together with the Government, to develop the Law “On Alternative Investment Funds”.