Over $40M subsidy paid to entrepreneurs - economy minister

As of January 1, 2023, 71.9 million manats ($42.2 million) subsidy has been approved on applications submitted to the Entrepreneurship Development Fund, of which 68.5 million manats ($40.3 million) have already been paid to entrepreneurs, Minister of Economy Mikayil Jabbarov said on Twitter, Report informs.

“The loan interest subsidy mechanism, applied within the framework of the support for entrepreneurs, ensures the economic activity and facilitates the implementation of various projects by business entities,” he tweeted.