Volume of loans given to entrepreneurs almost triples in Nakhchivan

15:57 - 17.05.2024

May 17, Fineko/abc.az. The Entrepreneurship Development Fund of the Ministry of Economy has financed 13 projects within the state support for the private sector in the Nakhchivan Autonomous Republic.

ABC.AZ reports that 284,000 manats were spent on financing projects. This is 2.7-fold more against Jan-Apr 2023.

Over Jan-Apr 2024, the volume of loans repaid amounted to 2.3 million mantas (42.8% more versus Jan-Apr 2023).

In 4 months of 2024, repayment of overdue loan finances in the amount of 401,100 manats was secured (2.9-fold more against Jan-Apr 2023).