The total loan portfolio to be applied as a pilot project until December 31, 2030, to business entities operating in other territories of the Republic of Azerbaijan, excluding the liberated territories, Baku city and Absheron district, has been set at AZN 500,000,000.0 (five hundred million manats), with the upper limit of the amount to be covered by state guarantees under this portfolio set at AZN 250,000,000.0 (two hundred and fifty million manats), APA reports.
The Cabinet of Ministers has issued an order in this regard.
The Ministry of Economy and the Ministry of Finance must resolve matters arising from this order.
The order enters into force on the day of its signing.
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