Mikayil Jabbarov: Subsidized loans for AZN 48.4 million given for past 8 months of 2021


September 24, Fineko/abc.az. Over Jan-Aug 2021 within the framework of state support for the private sector the subsidized loans for AZN 48.4 million were given to finance 945 investment projects.

Economy Minister Mikayil Jabbarov informs that 59.2% of subsidized loans were given in the field of agriculture, 24.2% in the production of industrial products and processing, 16.6% in other sectors. 97.5% of loans accounted for micro, small and medium-sized business entities.

"The implementation of investment projects with the use of these loans will create more than 1,400 new jobs," he said.