Priorities of business in the Khachmaz region have been determined. As stated in the message of the National Fund for Entrepreneurship Support (NFES), they recognize as appropriate crediting of projects of gardening, "green shops", as well as enterprises for the production of bread, cheese and meat cutting.
Local business people who prefer these areas can count on expert advice and a loan in the amount of up to the full cost of the project.
NFES was established in 1992. Its credit agents are 50 banks and non-bank credit organizations. In the past, the Fund granted loans amounting to 295 million manats. --17D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review