ID :
165369
Wed, 03/02/2011 - 15:53
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Shortlink :
https://www.oananews.org//node/165369
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Businessmen received AZN 700 mln in soft loans, President
Baku, March 2 (AzerTAc). The National Entrepreneurship Assistance Fund allocated about 700 million manats in soft loans in 2004-2010, President of Azerbaijan Ilham Aliyev said at a conference on the results of the second year of implementation of the state program on socio-economic development of regions in 2009-2013.
President Ilham Aliyev underlined the loans had boosted the private sector, describing the repayment of loans as a good trend. He noted repaid loans are diverted to lending again.
The private sector will receive AZN 125 mln from the Fund in 2011.
President Ilham Aliyev underlined the loans had boosted the private sector, describing the repayment of loans as a good trend. He noted repaid loans are diverted to lending again.
The private sector will receive AZN 125 mln from the Fund in 2011.
