Mikayil Jabbarov: Interest subsidies nearly $39 million allocated to entrepreneurs

As of September 1, 2022, under the interest subsidization mechanism for existing loans, decisions were made on granting interest subsidies of 69.4 million manats (over $40.8 million) to 5,023 applications with a loan balance of 850.3 million manats (nearly $500 million), Minister of Economy Mikayil Jabbarov said on Twitter.

So far, interest subsidies of 65.9 million manats (nearly $39 million) were allocated to entrepreneurs for 5,005 loans, the minister tweeted.