The newspaper "Azerbaijan" writes about the meeting of President Ilham Aliyev with the Minister of Economy Mikail Jabbarov. The head of state again called for the need for citizens to comply with the restrictions.
In the case of widespread coronavirus, tragic dynamics will become inevitable. According to him, it is necessary to maximize local production. The head of state instructed Jabbarov to analyze all the incoming data from government agencies and provide him with information about the real situation for an accurate forecast and further policy.
The site “Müsavat.com” writes on the topic of conditions for the repayment of loans by the population. Unemployment is rising worldwide due to the pandemic. At best, the global economy will reach its previous level in the third quarter of 2023. Azerbaijan’s anti-crisis program is 2.5 billion manat. To reduce the impact of global shocks, the government support program will cover 4 sectors and 20 areas.
According to experts, 9 programs are being developed that will cover 44 thousand entrepreneurs and 304 thousand employees. 290 thousand micro entrepreneurs will receive state support.
A state program on tax incentives for entrepreneurs and support for mortgage loans are also being developed.
At present, 7 billion manats of the total loan portfolio in the amount of 15.5 billion manats is the household, 6.1 billion. manat is the private sector. The state will allocate 1 billion manat to support the existing loan portfolio.
The Bizimyol.info website discusses the magnitude of the flare-up crisis due to the coronavirus. Experts point to 5 main differences between the previous crisis of 2015 and the current one, which is much deeper and heavier.
Social
-
On Sunday, variable cloudiness is expected on January 5 in Baku and the Absheron Peninsula. Brief precipitation may occur in some areas during the day, with light fog in the evening and morning hours. The south-western wind will change to a periodically intensifying north-western wind. The air temperature at night will range from 3°C to 6°C, and during the day, it will be between 7°C and 9°C, according to the National Hydrometeorological Service of Azerbaijan's Ministry of Ecology.
-
The latest round of utility price increases in Azerbaijan, effective January 2, has sparked sharp criticism from opposition parties and civil society, highlighting systemic issues in the management of state monopolies. The Tariff Council’s decision to raise prices for electricity, natural gas, water, heating, and even pharmaceuticals has provoked public discontent, with opposition leaders accusing the government of exacerbating the country’s socio-economic challenges.
-
President Ilham Aliyev has declared 2025 as the "Year of Constitution and Sovereignty." This decision, outlined in a decree signed by the head of state, is attributed to two significant anniversaries: the 30th year since the adoption of the country’s Constitution and the fifth anniversary of victory in the Patriotic War (Second Karabakh War).
-
An Embraer 190/195 aircraft operated by Azerbaijan Airlines (AZAL) on the Baku-Kazan route experienced radio interference and GPRS disruptions while flying over Astrakhan on January 1, according to a source in aviation cited by Turan. The aircraft's avionics resumed normal functioning only after leaving Astrakhan’s airspace.
Leave a review