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Azerbaijan approves procedure for subsidizing interest on loans in liberated territories

BAKU, Azerbaijan, President of Azerbaijan Ilham Aliyev signed a decree on strengthening the necessary state support to expand the access of entrepreneurs to financial resources in the territories liberated from occupation and amending the decree of the President of Azerbaijan dated December 18, 2018 No. 410 “On approval of the Procedure for borrowing and providing guarantees on behalf of the Republic of Azerbaijan”, Trend reports.

According to the decree, the “Procedure for providing state guarantees and subsidizing interest on loans provided to business entities operating in the territories liberated from occupation” was approved.

Source: TREND News Agency