Minister reveals amount of concessional loans allocated for financing entrepreneurship projects

Business
  • 19 December, 2022
  • 13:11
Minister reveals amount of concessional loans allocated for financing entrepreneurship projects

Within the 11 months of this year, the Entrepreneurship Development Fund has allocated 119.6 million manats ($70.3 million) in concessional loans for the financing of 2,343 entrepreneurship projects, Minister of Economy Mikayil Jabbarov wrote on Twitter, Report informs.

“More than 2,500 new jobs will be created as a result of the loans provided,” he tweeted.