A separate financial fund for small businesses under creation

29.09.2022,15:27


September 29, Fineko/abc.az. If to look at experience of recent years, then more preference is given to the adoption of laws of some kind of framework nature, ABC.AZ reports with reference to Deputy Economy Minister Niyazi Safarov.

He said that history has shown that no matter how perfect the law is, the role of institutions in its implementation is very great:

"At the Ministry of Economy, we’ve prepared a package related to innovations, which was submitted to the Cabinet Ministers some time ago. This package is being updated. A separate financial fund is also being created for small entrepreneurs. At present, it is very important to ensure targeting in order to achieve results in regulation.”