State support to entrepreneurs, the likelihood of closing 4 more banks, the level of trust in the country's banks, as well as questions regarding the allowance of 190 manats for the unemployed are topics of today's media.
The newspaper Azerbaijan writes about the next plan of the President to support entrepreneurs. Despite preventive measures, losses from the pandemic continue, amounting to 120-150 million manats daily.
During the quarantine period, 300 thousand entrepreneurs and 290 thousand micro entrepreneurs have received financial assistance and benefits. The total cost of the package of tax benefits has amounted to about 114 million manats, and the timing of tax payments has been extended until January 2021.
The site Müsavat.com discusses with experts the situation with 4 banks of the country - AtaBank, AGBank, NBCBank and AmrahBank.
A total of 812.5 million manat is located in these banks. The Central Bank has appointed temporary administrators to the banks.
As for the issue of money to investors, the process may begin in the fall. However, the problem is that revoking licenses will further undermine public confidence in banks, and a government decision to postpone lending could collapse the banking sector.
The Azadliqinfo website also discusses with experts the situation in the banking system and the reason for distrust of banks. The reason is that banks are not free and tied to political power, and therefore they become victims of political struggle.
For 28 years, a healthy, competitive banking market has not been formed in the country, and banking management does not meet modern standards.
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For more than three decades, the Turan News Agency has been a pillar of independent journalism in Azerbaijan, providing objective and reliable reporting amid political and economic instability. Founded in 1990, in the final days of the Soviet Union, we have endured the challenges of transition, war, and reform while remaining committed to journalism that serves the public interest.
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It will be cloudy and rainy in Baku and Absheron on 14 February. Wind will be north-west, gusty. Air temperature at night +2+4, during the day + 5+7. Humidity 75-85%.
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At the "Julfa" customs post of the Nakhchivan customs, during an inspection of a truck from Iran that was transiting to Türkiye, 101.4 kg of methamphetamine was found in the fuel tank and heating system tank.
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This year, 22,000 foreign language teachers and an additional 4,000 teachers who were unable to pass certification last year will be involved in the certification process, the director of the state agency for preschool and general education, Eshgi Bagirov, announced on February 12. According to him, of the 65,000 teachers involved in the certification, 55,000 passed successfully and received salary supplements. At the same time, employment contracts were terminated with 5,000 teachers who did not pass the certification.
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