BAKU, Azerbaijan, Azerbaijan’s Entrepreneurship Development Fund provided 105.6 million manat ($62.02 million) of easy-term loans for financing 2,195 investment projects from January through October 2022, Minister of Economy Mikayil Jabbarov tweeted, Trend reports.

“A total of 99.9 percent of the concessional loans by the number of projects and 98.1 percent by the total volume of the loans were allocated to micro, small and medium enterprises,” the minister wrote.

Source: TREND News Agency