The National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive investment projects in priority areas in Shemakha.
As stated in the ministry here will be accepted projects to create a modern livestock complex, enterprise for cutting meat, and small and medium-growing farms.
From today, the subjects have the right to apply to the fund by authorized credit institutions, the report said.
NFES was established in 1992 and began actively lending in 2002. Issuance of loans to entrepreneurs is arranged by 38 authorized banks and non-banking credit organizations. In 2012, to finance 2,400 investment projects, the Foundation allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats.
Since the beginning of the year, to finance 2,871 finance investment projects 216.8 million manat has been allocated. - 15D
Economics
-
The Cabinet of Ministers of Azerbaijan approved a series of amendments on September 25, to the laws regulating the circulation of medicinal products, as part of the implementation of the "Law on Amendments to the Law on Medicinal Products of the Republic of Azerbaijan" adopted on July 14, 2023. These amendments aim to align national legislation with international standards and strengthen the regulation of pharmaceutical product circulation in the country.
-
The Ministry of Digital Development and Transport of Azerbaijan has approved a new regulation titled "Flight Operations Preparation Rule," aimed at enhancing the safety and efficiency of civil aviation activities. Decision number 3-27/3-7-16/2024 was adopted by the ministry’s collegium on September 12, 2024, in accordance with the law "On Aviation" dated December 22, 2023.
-
The Ministry of Digital Development and Transport of the Republic of Azerbaijan approved a comprehensive set of airworthiness regulations aimed at ensuring the safety and reliability of the country’s civil aviation sector.
-
The Cabinet of Ministers of the Republic of Azerbaijan has approved the draft state budget and consolidated budget of the country for 2025, along with budget indicators for the subsequent three years. The decision, which aligns with the decree of President Ilham Aliyev on the implementation of the law "On the Budget System" dated October 31, 2002, aims to establish a framework for the country's fiscal policy and long-term economic planning.
Leave a review