Projects financed by foreign countries and international organizations to be coordinated for business support


July 3, Fineko/abc.az. Azerbaijani President Ilham Aliyev has signed a decree "On the coordination of programs (projects) financed by foreign states and international organizations to support entrepreneurship".

The decree entrusts the coordination of such programs (projects) on the Agency for the Development of Small & Medium-Sized Businesses (KOBIA).

Under the decree, the Agency is tasked to include in the register the information about small and medium businesses that have received such support.

In addition, the Agency will undertake to study the impact of such programs and projects on the development of small and medium businesses and prepare proposals in this direction.