Minister: State has provided support to entrepreneurs for AZN 1 bn


June 4, Fineko/ The III International Scientific Conference of Masters & Doctoral Students in the Field of Economics & Management was held in Baku.

ABC.AZ reports that at the opening ceremony Economy Minister Mikayil Jabbarov raised a number of issues.

The minister noted that during the coronavirus pandemic (COVID-19), the State provided entrepreneurs with support in the amount of AZN 1 bn:

"It is no coincidence that a number of funds created over the past 2 years are dominated by transfers from the private sector. It is also a clear indicator of the development of social responsibility of the business. I will also say that entrepreneurs who carry out informal activities in the country are beginning to move to formal activities."