The priority areas of Aghdam lending business.
According to experts of the National Fund for Entrepreneurship Support (NFES), it is most advantageous to invest public investment in small enterprises for the production of bread, in small and medium-sized businesses of vegetables. Interesting from the point of view of return and livestock farms to small cattle and modern warehouses.
The other day NFBP reported issuing 62 business entities in the Agdam region of preferential loans worth 685.9 million manat. Overall, since the start of the refugees involved in the business, is still on the line 971 is issued preferential loans worth a total of 20.3 million manat.
According to official figures, the fund has financed since the beginning of the year 1397 investment projects totaling $ 145.3 million manats.
NFES was established in 1992 and active lending fund began in 2002. Issuance of loans to entrepreneurs 38th authorized banks and non-banking credit organizations. In 2012 the fund to finance investment projects in 2400 allocated 218 million manat. NFES loans in 2013 is forecast at 250 million manats. - 17D-
Economics
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But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
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Environmental, Social, and Corporate Governance (ESG) principles have emerged as a transformative force in modern business practices, reshaping priorities across industries. This was a key theme highlighted by Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business Development Agency (KOBIA), at the conference "Labor Relations, Occupational Safety, and Human Resources as Key ESG Approaches," held on Monday in Baku.
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A detailed review of legislative norms and e-government services across various business environment domains has been prepared and published by the working group of the Business Environment and International Ratings Commission, focusing on electricity network connections.
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The draft law "On Amendments to the Tax Code," adopted in its third reading, provides for tax exemptions on the sale of locally manufactured buses in Azerbaijan and the supply of spare parts for these vehicles. This was reported by the Tax Service under the Ministry of Economy, explaining that the government's initiative aims to support business development in the country by reducing the tax burden. The exemption will come into effect on January 1, 2025, and will remain valid for eight years.
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