(MENAFN- AzerNews)
By Sabina Mammadli
Azerbaijan's Entrepreneurship Development Fund has allocated
AZN35.6 million ($20.9m) in concessional loans to the funding of 82
projects aimed at the development of the medical sector, Economy
Minister Mikayil Jabbarov said, Azernews reports.
'So far, the Entrepreneurship Development Fund has allocated
AZN35.6m in
#concessionalloan to the financing of 82 projects aimed at the
development of the
#medicalfield ,' Jabbarov wrote on his official Twitter
page.
Further, he also informed that a loan of AZN190,000 ($111,7) was
allocated by the fund to the“Avicenna Medical Center” LLC in
Lankaran city in 2021. The loan was provided for the expansion of
activities.
Earlier, the fund has also rendered AZN31.3 million ($18.4
million) of easy-term loans to 546 business entities in Ismayilli
District.
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