“It would be reasonable to grant a delay for 3 months to entrepreneurs and citizens who take loans from commercial banks, MP Vugar Bayramov said at today’s meeting of Milli Majlis during the discussion of the draft law on making amendment to the law of the Republic of Azerbaijan “On encumbrance of real estate", APA reports.
V. Bayramov noted that there are examples in the world experience in this regard: “I propose not to charge interest and penalties for late leans for 3 months.”