Entrepreneurs receive subsidies for AZN29.9M on guaranteed loans - Minister 

Development Fund under the Ministry of Economy of Azerbaijan gave guarantees for 291.8 million manats on applications of entrepreneurs affected by the pandemic

From June 2020 to July 1, 2022, the Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan, within the framework of the state-guaranteed loan and subsidiary support, gave guarantees for 291.8 million manats on 2,630 applications of entrepreneurs affected by the pandemic with a loan demand of 499.8 million manats, Economy Minister Mikayil Jabbarov said, Qazet.az reports.

"Subsidies in the amount of 29.9 million manats were allocated to entrepreneurs on guaranteed loans," he said.