Subsidized loans given in Azerbaijan for more than 800 women's entrepreneurship projects

12:46 - 7.05.2024


May 7, Fineko/abc.az. Concessional loans worth more than 50 million manats have been given in Azerbaijan for more than 800 investment projects related to the development of women's entrepreneurship.

ABC.AZ reports that Deputy Economy Minister Sahib Mammadov said about this when delivering speech at the 4th SDG dialogue on the topic "Consultations with stakeholders on the 4th voluntary national review of Azerbaijan and progress on the five Sustainable Development Goals (SDGs)".

He stressed that this is an indicator that Azerbaijan attaches great importance to this project.

"I’d like to note that the Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan provided more than 50 million manats of subsidized loans to more than 800 investment projects related to the development of women's entrepreneurship during the first quarters of 2020-2024 and created the opportunity to open more than 1,000 new jobs," he added.

The 4th SDG Dialogue is taking place in Baku on the topic "Consultations with stakeholders on the 4th voluntary national review of Azerbaijan and progress on the five Sustainable Development Goals (SDGs)".