About AZN 511 million, or about $300 million, has been granted to Azerbaijani entrepreneurs under the guarantees of the Mortgage and Credit Guarantee Fund on favourable terms so far. According to the MCGF, about AZN 80 million of these loans were granted in January-October 2024. It is stipulated to create 6,600 new jobs through loans provided to entrepreneurs through guarantees and interest subsidies.

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