Media Review - February 26

Evaluation of the meeting on economic and social issues held with the participation of the President on February 25, hopes for resolving the issue of problem loans, and price increases are the leading topics of today's media.

The newspaper Azerbaijan writes about the meeting held with the participation of the President on economic and social issues on February 25. At the meeting, the President said that in 2019 a high rate of economic growth would be ensured.

GDP growth was also noted at 3%, as well as 14% of industrial production increase in the non-oil sector.

The website Moderator.az writes that solving the issue of problem loans will increase confidence in the social policy of the state. The author quotes the President on the issue of problem loans, which can be called important, since, in all likelihood, concrete steps will be taken to resolve this issue.

Apparently, in the near future a decree or order will be issued. To date, the amount of problem loans is 1 billion 650 million manat.

The website Strateq.az writes about the rapid rise in prices, and experts urge the authorities to take urgent measures. According to the expert Vugar Bayramov, the monitoring conducted confirms the fact that prices for food products and a number of non-food products have risen. The expert believes that one of the reasons for the rise in price is the changes made to the Tax Code, the elimination of the simplified tax, and the application of a higher excise tax on a number of products. -0 ------