22 projects implemented in Karabakh and Eastern Zangazur covered by mechanism of guarantees, subsidies

Entrepreneurs operating in the liberated territories of Azerbaijan have submitted 22 projects under the guarantee and subsidy mechanism, Deputy Chairman of the Board of the Entrepreneurship Development Fund (SIF) Eldar Hamidov said at the First National Financial Accessibility Forum, Report informs.

"The total amount of loans approved for these projects is 32.3 million manats ($19 million). Projects financed under this Fund mechanism cover the areas of services, tourism, agriculture and have been implemented in Shusha, Khankandi, Aghdam, Jabrayil and Khojaly," he noted.

Hamidov emphasized that the main goal of the Fund is to support entrepreneurs who want to expand their business and contribute to the development of Azerbaijan's economy.