BAKU, Azerbaijan, September 21. The Azerbaijan
Entrepreneurship Improvement Fund beneath the Ministry of Economic system has
issued 72.1 million manat ($42.4 million) of east-term loans to
entrepreneurs for the reason that starting of 2022, Development reviews citing the
nation’s Economic system Minister Mikayil Jabbarov’s Twitter publish.
In line with him, the funds shall be allotted for the
implementation of 1,732 initiatives.
“These funds are anticipated to contribute to the creation of 1,690
new jobs. A complete of 71.4 % of the preferential loans fall on
the agricultural sector, while 28.6 % – on manufacturing and
processing of varied industrial merchandise and different areas. Thereat,
88.2 % of the funds fall on the nation’s areas, whereas
11.8 % – on Baku,” the minister tweeted.