Minister: “Total amount of the financial assistance allocated within the framework of pandemic and quarantine regime in Azerbaijan, is more than USD 2 bln.”

Minister: “Total amount of the financial assistance allocated within the framework of pandemic and quarantine regime in Azerbaijan, is more than USD 2 bln.”
  • Clock-gray 15:06
  • calendar-gray 15 December 2020

Total amount of financial assistance, allocated by Azerbaijani government within the framework of the COVID-19 pandemic and quarantine regime, applied in the country due to the pandemic, is more than USD 2 billion, said Azerbaijan’s Minister of Economy Mikayil Jabbarov during his speech at official presentation of “Foreign Business in Azerbaijan 2020” report, published by German-Azerbaijani Foreign Trade Chamber within the framework of cooperation with KPMG Azerbaijan, APA-Economics reports.

According to Jabbarov, the financial support package covered 300,000 micro-businesses and 11,500 corporate taxpayers. He added that so far the Azerbaijani government has allocated $ 200 million to private sector businesses affected by the COVID-19 pandemic. provided financial assistance in excess of AZN.

Mirsaid İbrahimzade

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