Media Review for March 26, 2020

The fight against the spread of the Corona Virus pandemic and its impact on the economy, and proposals to eliminate the consequences of the pandemic are the topics of today's media.

The newspaper Azerbaijan writes that a special quarantine regime introduced in the country prevents the pandemic from spreading rapidly. Experts believe that in the absence of tough measures, every infected person can infect 2-3 people.

Tough measures reduce infection by 25-30%. A reduction in infection by more than 63% means a pandemic decline.

Currently, for every 10 thousand people there are 33 doctors, 54 nurses and 45 beds.

The website Musavat.com discusses for who credit debts may be frozen with the expert Akram Hasanov. The expert recalls that tourism, hotel business, restaurants, and shopping centers have suffered the most.

It is necessary to clarify the lists and decide on the freezing of loans, as banks themselves have obligations.

The expert believes that the state should provide assistance in this matter so that banks can fulfill their obligations.

The website Bizimyolinfo.az discusses with the economist Gashgay Ismayilli the negative impact of the Corona Virus on the financial situation of people. The state should help those who do not work officially anywhere. However, it is simply impossible to compensate all people who do not work officially, the expert concludes.

The website Oxu.az discusses the fate of loans with the economist and MP Vugar Bayramov. Due to the global crisis and the weakening of trade relations in a number of countries, banks make concessions to citizens. It is proposed to make concessions in the payment of loans for a period of three months, so that people are not fined for non-payment.

 

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