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Azerbaijan shares data on subsidies for entrepreneurs affected by COVID-19 pandemic

Economy Materials 27 April 2022 16:52 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 27. The total amount of the approved subsidies in Azerbaijan from June 2020 to April 1, 2022, was 69.4 million manat ($40.8 million), Azerbaijani Minister of Economy Mikayil Jabbarov said on Twitter, Trend reports.

According to Jabbarov, in the reporting period 22 million manat ($12.9 million) were paid to entrepreneurs affected by the COVID-19 pandemic under the state-guaranteed loan and subsidy support program.

Positive decisions were made on 5,010 out of 6,290 appeals, received for subsidies, added the minister.

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