From the state budget of 2022, the amount of funds allocated to the public legal entity "Entrepreneurship Development Fund of the Republic of Azerbaijan" has been reduced.

According to APA, this is about a number of issues related to the implementation of the Law No. 401-VIQ of the Republic of Azerbaijan dated December 3, 2021 "On the state budget of the Republic of Azerbaijan for 2022" of the President of the Republic of Azerbaijan December 23, 2021 dated 1526" was reflected in the Decree of the President of the Republic of Azerbaijan.

According to the decree, the amount of funds allocated to the public legal entity "Entrepreneurship Development Fund of the Republic of Azerbaijan" from the state budget of 2022 was reduced from 163 million manats to 120 million manats.

At the same time, 43 million manats were allocated to increase the authorized capital of "Azerbaijan Investment Company" Open Joint Stock Company.