Baku. Nijat Mustafayev - APA-ECONOMICS. Azerbaijan National Fund for Entrepreneurship Support (NFES) already received 74% of funds planned for distribution in 2009, said Shirzad Abdullayev, Executive Director of NFES.
According to him, in AZN 74 million was planned for allocation from the government funds and AZN 37 million was transferred to the Fund’s account at the first stage.
“Out of the remaining AZN 37 million, we have already received the next batch of AZN 17 million. After we finish lending it, we will get the last AZN 20 million,†he added.
He also said that AZN 74 million will be allocated to the NFES from the government funds in 2010, the same amount as in 2009.
Azerbaijan will maintain soft loan lending at the current level in 2010
02 September 2009 16:32 (UTC +04:00)
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