![NFES identified priority areas of lending in Barda](https://turan.az/resized/./turan-750-500-resize.webp)
NFES identified priority areas of lending in Barda
National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive from the owners of investment projects in priority areas in Barda .
As stated in the ministry here will be accepted projects to develop grain production , including farms producing corn, cotton , horticulture , livestock breeding, beef and dairy production, processing enterprises of fruit and vegetables , as well as companies manufacturing windows and tiles.
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 its active lending began in 2002. Issuance of loans to entrepreneurs is arranged by 38 authorized banks and non-banking credit organizations. In 2012, the Fund for the financing of investment projects in 2,400 areas allocated 218 million manat. NFES loans in 2013 were projected at 250 million manat.
Since the beginning of this year to finance 4,229 investment projects, there has already been allocated 268.2 million manat. - 15D -
Economics
-
Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
-
Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
-
Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
-
Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
Leave a review