Azerbaijan's Entrepreneurship Fund posts over 38% surge in concessional loans

Business
  • 14 March, 2025
  • 11:27
Azerbaijan's Entrepreneurship Fund posts over 38% surge in concessional loans

In January-February of 2025, the Entrepreneurship Development Fund of Azerbaijan under the Ministry of Economy provided 32.1 million manats (just under $18.9 million) in concessional loans, Report informs, citing the fund.

Compared to the corresponding period in 2024, this figure rose by 38.4 percent.

In two months, 547 projects were financed by the fund, which are expected to create 509 new jobs.

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