Media Review February 12, 2019

The state policy of social protection, the impact of the increase in the minimum wage on the growth of market prices, and the problems of entrepreneurship are the topics of today's media.

The Azerbaijan newspaper discusses with the Vice-Speaker Bahar Muradova the social and economic development of the country. According to her, the biggest task of the state is to take care of all sectors of society.

She cites data on wage increases, poverty rates, reduction of unemployment, provision for Martyr families and others. Normal social conditions help young people grow in the spirit of patriotism.

The newspaper Yeni Musavat wonders whether the increase in the minimum wage will affect the price increase. Experts do not exclude this possibility, because prices in Azerbaijan have always increased with pensions and wages. With an increase in the minimum wage, the manat mass will also increase, and its entry into the market will be a factor in pushing inflation and price rises.

The website Oxu.az cites the opinion of the MP R. Guliyev, who believes that banks should reduce interest. He also claims that much is expected from changes made to the Tax Code.

Loans are a big problem. People cannot pay them, and according to available data, currently unpaid loans amount to 1 billion 700 million manat. According to the MP, banks should reduce interest so that people can repay loans, that is, 25-30% should be reduced to 10-15%. -0-----

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