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Azeri budget funds for mortgage loans rise

3 September 2011 09:59 (UTC+04:00)
Azeri budget funds for mortgage loans rise

BAKU – Funds allocated from Azerbaijan’s state budget to disburse concessional mortgage loans to citizens have increased, according to the Azerbaijan Mortgage Fund.

14.2 million manats (about $17.9 million) were allocated for mortgage loans in January-August, though a total of 14m manats ($17.7m) had been designated for the whole year, the fund said.

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