“Since the beginning of this year, the Entrepreneurship Development Fund has allocated 90.2 mln. ₼ in concessional loans to 1,963 entrepreneurs, as well as AZN 62.8 mln on 1,953 small and medium-scale projects,” Azerbaijan’s Minister of Economy Mikayil Jabbarov, wrote on his Twitter page, APA reports.

“As a result, nearly 2,100 new jobs have been created. 68.8% of the concessional loans have been provided for the agrarian sector, 31.2% – manufacturing and processing of industrial products, whilst 83.3% of the loans for regions and 16.7% – settlements of Baku,” he noted.

Source: Azeri-Press News Agency