Mikayil Jabbarov: $40M interest subsidy paid to entrepreneurs

Business
  • 26 December, 2022
  • 07:26
Mikayil Jabbarov: $40M interest subsidy paid to entrepreneurs

Until December 1, 2022, the Entrepreneurship Development Fund had received 6,333 applications within the framework of the interest subsidy on the existing loans, said Economy Minister Mikayil Jabbarov, Report informs.

"Positive decisions have been made on 5,047 of them. The amount of the approved subsidy is 71.4 million manats ($42 million), of which 67.9 million manats ($40 million) have already been paid to entrepreneurs," he tweeted.

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