President issued a decree on this fund


September 21, Fineko/abc.az. President Ilham Aliyev has amended the presidential decree from 1 May 2018 "On additional measures to improve the activities of the Azerbaijan Mortgage & Credit Guarantee Fund".

ABC.AZ reports that in compliance with the new decree signed by the head of state in this regard, the Cabinet Ministers is tasked to determine the amount of finances necessary for providing subsidies in 2022-25, based on the interests accrued by entrepreneurs on loans received by banks in manats, and to ensure their accounting in the draft state budget for the corresponding years, in the period from 1 January to 31 December 2018.

Until now, the entire period covered the period of 2020-23.