Preferential loan of almost $1.5M allocated for Azerbaijani entrepreneur

Business
  • 01 March, 2023
  • 13:05
Preferential loan of almost $1.5M allocated for Azerbaijani entrepreneur

Within the measures to support business in Azerbaijan, entrepreneur Mahammad Aliyev received a preferential loan of 2.495 million manats ($1.466 million) for the implementation of a project to produce roofing in the Aghdash district, Azerbaijani Economy Minister Mikayil Jabbarov tweeted, Report informs.

The loan was allocated by the Entrepreneurship Development Fund under the Ministry of Economy.

In 2022, 69.7% of the loans issued by the fund went to the country’s regions.