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Azerbaijan's Minister of Economy: "Entrepreneurship Development Fund guaranteed AZN 292 mln to entrepreneurs affected by pandemic"

Mikayil Jabbarov

© APA | Mikayil Jabbarov

27 July 2022 12:17 (UTC +04:00)

"Within the framework of the state-guaranteed credit and subsidy support, from June 2020 to July 1 of this year, the Entrepreneurship Development Fund guaranteed 291.8 mln. ₼ to 2,630 applications by entrepreneurs affected by the pandemic with a loan demand of 499.8 mln. ₼," the Minister of Economy Mikayil Jabbarov wrote on his Twitter page, APA-Economics reports.

In total, 29.9 mln. ₼ of subsidies were paid to entrepreneurs for guaranteed loans.

Rahim Tariverdiyev

Mikayil Jabbarov

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