Media Review December 30, 2019
Strengthening social protection, prices at fairs, the situation in the banking system are the topics of today's media.
The newspaper Azerbaijan writes about the strengthening of social protection of the population, about the results of ongoing reforms. So, in 2019, overall economic growth was more than two percent, growth in the non-oil sector was 3.5%, in the non-oil industry - 14%, and in agriculture more than 7 percent. As a result, benefits increased by 50%, the minimum wage was 2 times, the minimum wage was more than 70 percent.
The website Musavat.com writes about prices at festive New Year fairs, where prices practically do not differ from supermarkets, although at fairs prices should be much lower.
Fairs will last until December 30, where more than 140 farmers put up for sale products in excess of 60 items.
The website Fed.az discusses with the expert Akram Hasanov the situation in the banking system. Despite the measures taken by the state, the situation did not improve and at the end of 2019 several banks remained in a difficult situation.
Positive is the fact that control over the financial market has again passed to the Central Bank. At the same time, the expert believes that there will be no progress if the former leadership remains at the head of the Central Bank. New personnel are needed there, and changes are also needed in banking legislation in order to improve the banking sector.--0 ----
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- Great East
- 29 December 2019 16:35
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- Finance
- 30 December 2019 12:07
Social
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The leading mobile operator participated in a pivotal session focused on sustainability and innovation. The 15th Sustainable Innovation Forum 2024, supported by “Azercell Telecom” LLC, took place on November 13-14 in Baku, bringing together approximately 1,000 senior global leaders in climate action. This prestigious event united representatives from business, finance, government, regional organizations, and NGOs to address pressing sustainability challenges, explore innovative solutions, and forge partnerships to accelerate global climate efforts.
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"The biggest challenge in the education sector is the low number of fully staffed schools," said Minister of Science and Education Emin Amrullayev on November 20 during a joint session of the Parliamentary Committees on Agrarian Policy, Family, Women, and Children Issues, and Science and Education. The session was held to discuss the draft law on the "State Budget for 2025," according to local media reports.
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The innovation and speed leader Bakcell organized a panel discussion on the topic “Sustainability Through Artificial Intelligence.” The event featured speakers including Bakcell’s Marketing Director Elkhan Sadiqzade, PwC Azerbaijan’s Head of Advisory Services Farid Qattal, and the Head of Innovation at the Innovation and Digital Development Agency Evgeniya Bikmurzina. The panel was moderated by Aysel Suleymanova, Bakcell’s Director of Corporate Communications and Public Relations.
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On Saturday, the weather in Baku will be variable, with possible drizzle by the evening. There will be fog in some areas in the morning and evening. A moderate northwest wind will change to the southeast by evening. The temperature at night will range from +9 to +12°C, and during the day it will be between +13 and +18°C. Humidity will be 75–85%.
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