MP on Commercial Banks - Bloodsuckers

On Tuesday, at a meeting of the Milli Majlis MP Faraj Guliyev proposed to create a fund from the sale of oil and use it to support the Azerbaijani citizens who were forced to return from Russia due to the economic crisis.

The MP said that during the period of high oil prices, the country's budget surplus was 1.3 billion AZN and these funds in 2015 can be used for the grant of loans to those returning from Russia.

   Migration Service should register the returnees and to give them a loan. "These people can carry out successful projects in agriculture and other sectors of the economy, and they do not join the ranks of the unemployed," he added.

However, the Speaker of the Parliament Oktay Asadov considered improper to register citizens returning from Russia and did not support this idea.

MP Bakhtiyar Aliyev said that a significant portion of the citizens of Azerbaijan will not be able to take part in the municipal elections, as refugees from the occupied territories.

"But this fact does not bother the United States and Europe. Americans are sponsoring the illegal regime of Nagorno-Karabakh, thus, the United States supports the separatists. Coming to Nagorno-Karabakh through Armenia, the OSCE Minsk Group provide moral support to the separatists, although they say that we need confidence-building measures between the two communities of Karabakh," he said.

He suggested that the Milli Majlis appeal to the co-chairs of the OSCE Minsk to travel to Nagorno-Karabakh and other occupied areas through Agdam, accompanied by deputies of Azerbaijan. "It will be a good opportunity to establish confidence-building measures between the inhabitants of Karabakh," Aliyev said.

In the afternoon, MPs raised questions about the activities of banks. MPs and the head of the parliament called insurers and bankers "bloodsuckers" of the people.

Charges appeared after the speech of the head of the commission on economic policy Ziyad Samedzade. The MP presented the amendments to the law on compulsory insurance, according to which the state is obliged to insure the life of soldiers. For each day uninsured an insurer shall be fined in the amount of 0.1% of the amount of insurance. Samedzade’s offer was accepted.

Deputy Fazail Agamaly resented the fact that when purchasing a car the police force to insure the car. The same mandatory insurance applies in other areas, causing discontent among the population and business. The MP called on parliament to review the practice of compulsory insurance and named insurers and commercial banks "bloodsuckers on the necks of the people."

MP Bakhtiyar Hajiyev raised the issue of transparency and accountability of insurance companies.

"It is necessary to clean up the area so that these structures had an effective mechanism," he said.

The Speaker of the Parliament Oktay Asadov ruled in favor of Agamali and called the head of the commission on economic policy Ziyad Samedzade to tackle the problem of loans.

In turn, Samedzade noticed that compulsory insurance is used in many countries. In Azerbaijan, the insurance market of over 400 million AZN has been formed since 2006.

“I agree with Agamaly. Indeed there are delays in the payment of insurance. We intend to form an opinion and submit it to the parliament," he said. -02D-