Economy Minister: subsidized loans for AZN 112 million given to 811 entrepreneurs

13:02 - 24.12.2020


December 24, Fineko/abc.az. The National Export Strategy has been prepared and will be presented in the near future, ABC.AZ reports citing Economy Minister Mikayil Jabbarov at today’s meeting of Milli Majlis.

He noted that a new plan for the National Export Strategy has been made and will be presented soon.

"Thanks to the measures the government has taken to diminish the impact of the pandemic on people and support entrepreneurs in the affected industries, the economic downturn has been mitigated. Funds received by the State Budget on the nonoil sector make up 75% of the total revenue. 811 entrepreneurs were given subsidized loans in the amount of AZN 112 million, which created conditions for creating new jobs,” the minister emphasized.