Entrepreneurship Development Fund allocates 72.1 mln. ₼ in concessional loan to 1,732 entrepreneurs
Baku, September 21, AZERTAC
“Since the beginning of this year, within the framework of the state support for the private sector, the Entrepreneurship Development Fund has allocated 72.1 mln. ₼ in concessional loan to 1,732 entrepreneurs, as well as 53.4 mln. ₼ on 1,725 small and medium-scale projects,” said Azerbaijan’s Minister of Economy Mikayil Jabbarov.
“As a result, 1,690 new jobs have been created. 71.4% of the concessional loans fall on the agrarian sector, 28.6% - manufacturing and processing of various industrial products, whilst 88.2% of the funds fall on regions and 11.8% - the city of Baku,” the minister added.
Other news in this section
