Media Review for July 6, 2020

The coronavirus pandemic and the fight against its consequences continue to be illuminated as a leading topic by the media today. Along with this, the media write about the socio-economic life of the country.

The newspaper Azerbaijan writes about the support of the authorities to entrepreneurs to exit the pandemic with the least losses.

We are talking about tax breaks, reducing the burden of social insurance, subsidizing credit interest, improving mortgage instruments.

Today, over 130,000 entrepreneurs have received financial support, more than 155 million manat have been transferred to their bank accounts.

The cost of adopted tax and social benefits amounted to 130 million manat. New mechanisms make obtaining business loans easier thanks to the Electronic Credit Platform.

The website Moderator.az publishes the opinion of MP Gudrat Hasanguliyev about the situation with Kura. He considers it necessary to build dams in the territory where the Caspian water flows into the river.

Gateways must be installed on these dams to regulate the water level. Such problems can be solved in the 21st century, the MP believes.

He also touched on reforms, noting that their slowness is a serious concern. You can’t connect all hopes with revenues from the oil and gas sector. In order to attract investments to the country, it is necessary to reduce taxes, carry out reforms in the financial and credit sector so that credit rates do not exceed 3-4%, authoritative foreign banks must be allowed into the country, and a strong judiciary is formed.

The website Oxu.az writes that in the Bilasuvar region there was also a water problem. So, in the South Mugan region the water level decreased, which led to a deficit in several villages of the region.

Residents experience serious difficulties in drinking water and irrigation water. The South Mugan Canal was commissioned in 1960. The source of the canal is the Araz River. The canal passes through three districts: Imishli, Bilasuvar and Jalilabad.