During the implementation of the State Program on Poverty Reduction and Growth Facility in 2003-2005 it was possible to open 33,000 new jobs under the projects, implemented at the expense of public budget financing of the entrepreneurship. The Ministry of Economic Development told Trend in this period the National Fund for Support to Entrepreneurship (NFSE) received 350bn manats in public budget financing of the entrepreneurship.
Thus, 50bn manats will be allocated in 2003, in 2004 вЂ" 100bn manats.
In 2005 200bn manats has been allotted from the public budget for NFSE in this respect, of which 15bn manats is allocated for the development of the entrepreneurship in Nakhchivan AR. The funds were spent on the implementation of over 2000 projects. The implementation of the projects enabled to open some 16,000 jobs only in 2005.
