In second phase as well, salary of hired workers paid to entrepreneurs not reducing number of employees to significant extent

In second phase as well, salary of hired workers paid to entrepreneurs not reducing number of employees to significant extent
  • Clock-gray 12:50
  • calendar-gray 15 August 2020

 "The AZN 250 financial aid has been provided to micro entrepreneurs in the second phase as well”, said deputy head of State Tax Service under the Ministry of Economy Samira Musayeva at the briefing of the Tassk Force under the Cabinet of Ministers, APA reports.

She said during provision of the financial aid, the specially sensitive groups were chosen: “Meanwhile, the payment of salary to hired workers of other entrepreneurs will be implemented. At the same time, the state guarantee will be provided for issuance of AZN 500 million credits. 3 banks are proposed to entrepreneurs. The process of documentation of the credits guaranteed by state amounting to about AZN 19 million already nears completion. The entrepreneurial entities not receiving AZN 250 may appeal for other state support. The salary of hired workers is paid in the second phase as well to the entrepreneurs not reducing number of employees to significant extent. The great majority of those entrepreneurs will be covered in the next phase as well and beginning from the next week, those funds will be transmitted to their bank cards”.

Firuza Vahid

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