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Media Review - January 22, 2019
The development of the non-oil sector in Azerbaijan, possible hindrances to structural changes, and closed banks are the leading topics of today's media.
The Azerbaijan newspaper writes about the development of the non-oil sector. The author cites the words of President Ilham Aliyev, according to which the launch of the mechanism for investment promotion was a major reform.
This program covered 333 projects. Of these, 107 were implemented in 2018. The cost of projects implemented under the investment promotion program is 2.8 billion manat.
Currently, 67 residents are registered in industrial parks, of which 40 are already operating. Estimated investment in these parks is more than 5 billion manat, and 11 thousand jobs have been created.
The newspaper Yeni Musavat writes that structural changes must be accompanied by anti-corruption and anti-monopoly activities. The newspaper discusses this issue with the MP Ali Masimli. He notes that the cost of public services has reached 3.9 billion manat, which is 13% higher than defense expenditures, 70% higher than expenses for education, 48% higher than expenditures for social security, etc.
The MP believes that it is necessary to eliminate parallelism in the control system. The use of public funds is the most wasteful, said Masimli. In his opinion, for the successful implementation of structural reforms, a single strategy is needed in accordance with the new economic model of the country. Structural reforms will not have an effect if corrupt staff remains in the reformed structures, the MP said.
The website Modern.az writes about the beginning of an investigation against the heads of 13 closed banks, who can be held criminally liable. Currently, the volume of problem loans is approaching 2 billion manat. The Deposit Insurance Fund has already paid compensation to 824 million depositors.
Social
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On July 25, the Azerbaijani Ministry of Defense accused Armenia of "provoking" by deploying heavy weapons in Kalbajar and quadcopters in the Tovuz direction. The ministry also expressed dissatisfaction and concern over Armenia's military cooperation with Western countries.
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During the operation of the Main Drug Control Department of the Ministry of Internal Affairs, 5 members of an organized group engaged in drug trafficking were detained. All of them have previous convictions: Bahlul Ismayilov, Royal Aliyev, Khayal Aliyev, Samir Aghayev, and Ali Mammadli.
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Weather will be changeable in Baku on July 27. It will rain in places on Absheron. Wind is north-western, gusty. Air temperature during the day will be +28+32. Daytime humidity is 70-75%.
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People's Artist Agadadash Agayev has been charged with hooliganism with the use of weapons, Article 221.3 of the Criminal Code of Azerbaijan. A similar charge was brought against the guard of the clinic where the incident occurred.
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