15:17 - 7.02.2025

---

February 7, Fineko/abc.az. In 2024, entrepreneurs working in the Nakhchivan Autonomous Republic benefited from preferential loans from the Entrepreneurship Development Fund for 45 projects.

ABC.AZ informs, referring to the EDF, that the Fund allocated a total of 4.3 million manats of concessional loans to finance entrepreneurs' projects.

The business entities that have used the loan carry out activity in the NAR territory in various sectors of the economy, such as industry, tourism, agriculture, aquaculture, and catering. As a result of the projects, 148 new jobs are to be created.

Since February 2023, the EDF preferential lending mechanism includes business entities operating in Nakhchivan.