Interest rate subsidy for loans taken by entrepreneurs up 22% in Azerbaijan

Azerbaijan's state budget will allocate 15 million manats ($8.82 million) in 2025 for subsidizing interest calculated on loans received by business entities in manats, according to President Ilham Aliyev’s decree approving the bill on state budget for 2025, Report informs.

According to the document, this is 22% more compared to 2024.

Next year's budget revenues are expected to be nearly 38.36 billion manats ($22.56 billion) (5.4% more compared to the approved forecast for 2024), while expenditures will be 41.4 billion manats ($24.35 billion) (4.2% more).