Support for small and medium-sized businesses, the attitude to high credit interest, and higher prices in the automotive market are the topics of today's media.
The newspaper "Azerbaijan" writes about the activities of the Agency for Small and Medium Business, created in December 2017. The article notes that improving the business environment has turned the private sector into a leading force in the economy. The agency plays the role of a bridge between government agencies and SMEs (small and medium-sized businesses). In addition, the "SME Friend" mechanism is being created in the country, it is planned to create a network of 60 such structures in 10 economic regions. Over the 6 months of this year, 5 such structures began to operate in the Absheron region, in Sumgait, Sheki, Gabala and Fizuli.
The site "Bizimyol.info" writes about high credit interest in banks. Deputy Vahid Ahmedov is outraged that banks accept deposits at 12%, and loans are issued at 25%. Representative of the Association of Banks Sahib Dashdamirov, in turn, objects, noting that all banks have different interest rates. According to him, currently free funds are being formed that will be used to develop small and medium-sized businesses. As for interest rate policy, it is formed according to the market.
The site "Axar.az" writes about the situation in the car market. The author claims that car prices have risen. The highest prices for German cars. Over the past 3 months, the price of cars has increased by 1000-1200 manat. Buyers prefer to buy cars that consume little gas and have inexpensive parts. Sellers believe that car prices are unlikely to fall by fall.
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On Tuesday, the General Prosecutor's Office announced the initiation of new criminal cases against agricultural product exporters who allegedly concealed their earnings abroad. Specifically, the Sumgayit City Prosecutor's Office has opened a criminal case under Articles 208.2.1 and 208.2.2 (failure to return foreign currency to the country in large amounts by prior agreement of a group of individuals) and Article 308.2 (abuse of office causing serious consequences) against officials of the company "SOİL BOONS" LLC – Jahangir Aliyev, Elyar Gadzhiev, Mehman Mirzamedev, Saleh Gabilov, and Aly Aliyev.
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Rains will continue in Baku and Absheron on 27 November, forecasters said. In places, precipitation will be intense with thunderstorms. Moderate north-west wind.
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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