Priority areas of lending business in the Dashkesan region have been defined. According to the National Fund for Entrepreneurship Support (NFES), in this region it is advisable to create livestock, beekeeping and potato-growing farms, enterprises processing and packaging fruits, enterprises for the production of plastic windows and doors, decorative stone, socks and sweets.
Special projects will be discounted - the authorized credit organizations of the Fund will definitely take them and give the authors of the draft advice. The Fund may allocate even a loan of up to 100% of the project cost.
NFES was established in 1992. Its credit agents are more than 50 banks and micro-finance organization. Last year, the volume of lending to local businesses through NFES was at 295 million manat. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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