Media Review August 7, 2019

The success of the economics of Azerbaijan, the mismatch between the reality and the statements by state officials about lower prices, and the possibility of economic amnesty are topics of today's media.

The newspaper Azerbaijan reports on the success of the economy whose growth was 2.4%, 3.2% in the non-oil sector, 13% in agriculture, and 15.7% in non-oil industry.

The author also recalls the orders of the head of state regarding the social situation of the population. We are talking about raising the minimum wage, pension, and salary to employees of the educational system.

The website Yenisabah.az writes about the ongoing rise in price. Government agencies disseminate false information about the fall in prices by 6.5% for the first half of the year. Experts call this a lie, and the State Statistics Committee"s information is absurd. Experts say that the general consumer market has risen in price by more than 11%.

Given that the nominal income of the population in January-June increased by 6.6%, the purchasing power of the population decreased by at least 4.4%.

The Yeni Musavat newspaper writes about the likelihood of financial amnesty. This issue was repeatedly raised by deputies in the Milli Majlis. The expert believes that the financial amnesty will positively affect the economy and lead to the legalization of property, and the state should also legalize illegal buildings. The financial amnesty will create confidence that property of citizens will not be taken from them. ----0-----