Azerbaijan reveals amount of subsidies allocated to entrepreneurs affected by pandemic

As of February 1, subsidies for 42.5 million manats ($24.999 million) were paid to entrepreneurs affected by the pandemic as part of the mechanism for subsidizing loans guaranteed by the state, Report informs referring to the official Twitter page of the Azerbaijani Ministry of Economy.

As part of state support for the private sector, since 2020, entrepreneurs affected by the pandemic are provided with guarantees and subsidies through the Entrepreneurship Development Fund under the Ministry of Economy.