22 projects in liberated lands are covered by mechanism of guarantees and subsidies

12:35 - 12.03.2025


March 12, Fineko/abc.az. The number of projects for which entrepreneurs operating in the occupation-liberated territories of Azerbaijan have applied under the mechanism of guarantees and subsidies has reached 22.

ABC.AZ reports, quoting Eldar Hamidov, deputy chairman of board of the Entrepreneurship Development Fund, as stating this at the First National Forum on Financial Accessibility.

"The total amount of loans approved for these projects is 32.3 million manats. The projects financed under this Fund's mechanism cover the fields of services, tourism, agriculture and have been implemented in Shusha, Khankendi, Aghdam, Jabrayil and Khojaly. Fund’s goal is to support entrepreneurs who want to expand their business. We invite all businessmen to use the mechanism of state guarantees and subsidies to develop their business and contribute to our economy," he emphasized.