Financing of entrepreneurs' projects in NAR increased 2.5-fold

11:24 - 9.04.2024

April 9, Fineko/ The Entrepreneurship Development Fund under the Ministry of Economy financed 8 agricultural projects in the Nakhchivan Autonomous Republic (NAR) for Jan-Mar 2024.

ABC.AZ reports with reference to the NAR Economy Ministry that the goal is to support development of entrepreneurship in the NAR.

A total of 189,000 manats were allocated to finance the projects, which is 2.5-fold more versus Jan-Mar 2023.

Over the past 3 months, the volume of loans repaid reached 1.7 million mantas (52% more against Jan-Mar 2023).