Today.Az » Business » Businessmen received AZN 700 mln in soft loans
02 March 2011 [15:18] - Today.Az
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.
/AzerTAc/
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