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Azerbaijani Entrepreneurship Dev't Fund allocates new concessional loan to stimulate local production

Economy Materials 2 December 2022 15:14 (UTC +04:00)
Azerbaijani Entrepreneurship Dev't Fund allocates new concessional loan to stimulate local production
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 2. The Azerbaijan Entrepreneurship Development Fund, one of the main goals of which is to stimulate local production and business, has allocated a concessional loan to Azerbaijan’s ATC Company, Trend reports on December 2 via the tweet of the Minister of Economy Mikayil Jabbarov.

As part of measures to support local production, the fund has allocated 195,000 manat ($114,710) in concessional loans to ATC Company to finance the projects, aimed at the production and processing of industrial goods, the tweet said.

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