Media Review October 10, 2018

The goals set by President Ilham Aliyev at yesterday"s meeting of the Cabinet of Ministers, difficulties in exporting hazelnuts, and the possibility of turning Azerbaijan into Singapore are the topics of today's media.

Azertaj posted on its website the closing speech of President Ilham Aliyev at yesterday"s Cabinet meeting on the results of socio-economic development for the first 9 months of this year.

A discussion of the budget took place. According to the head of state, it will be socially oriented. One of the main objectives of the government should be the elimination of the shadow economy; here it is necessary to conduct serious measures.

The President said that entrepreneurs should not hide behind the backs of state officials - these times are gone, he stressed.

As the priority direction, the head of state called the creation of an accounting system. It is necessary to ensure transparency of the customs and tax systems, to carry out structural reforms, to strengthen the fight against corruption, he said.

According to him, 300 thousand internally displaced persons will be provided with housing. At the beginning of next year, the State Program on the socioeconomic development of regions will be adopted, the head of state noted.

The website Marja.az writes about the situation with the export of hazelnuts. This year, the quality and quantity of hazelnut harvest is very good. So only in Gakh alone the harvest will be approximately 5,300 tons.

Basically, hazelnuts are exported to Italy, Russia, Germany and Holland. A negative factor is the low purchase prices for hazelnuts.

The website Moderator.az talks about whether Azerbaijan can become Singapore. Former Finance Minister Saleh Mammadov shares his thoughts on this matter. He tells exactly how Singapore achieved well-being.

So, all 100 leading banks of the world have been attracted to Singapore, not one of them in Azerbaijan.

In Azerbaijan, bank assets are 57 times less than in Singapore and do not even reach $ 17 billion. And the stock markets do not go to any comparison. World capital should move to Azerbaijan and this should be the goal, he said.