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Azerbaijan eyes expanding range of finance access tools for entrepreneurs

Economy Materials 25 July 2022 12:01 (UTC +04:00)
Azerbaijan eyes expanding range of finance access tools for entrepreneurs
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, July 25. The range of tools to support entrepreneurs' access to financial resources in Azerbaijan is planned to be expanded in 2022-2026, Trend reports via "Strategy for socio-economic development of Azerbaijan for 2022-2026".

"For this purpose, relevant rules will be prepared, and the necessary work will be carried out to implement the proposals," the strategy said.

In June 2022 in Azerbaijan, the total volume of soft loans issued to businesses through the Entrepreneurship Development Fund amounted to 2.7 billion manat ($1.6 billion).

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