Mikayil Jabbarov: Last year, over 98% of concessional loans were granted to SMEs

Finance
  • 13 February, 2023
  • 07:33
Mikayil Jabbarov: Last year, over 98% of concessional loans were granted to SMEs

A significant proportion of the concessional loans granted by the Entrepreneurship Development Fund in 2022 accounts for micro, small and medium-sized entrepreneurship entities, Minister of Economy Mikayil Jabbarov said on Twitter, Report informs.

"Last year, these business entities were allocated 99.9% of the total number of loans, and 98.3% of the total amount," he tweeted.