The economic success of the first 9 months of this year, the lack of a solution to problem loans, and lawlessness in hiring are the topics of today's media.
The newspaper Azerbaijan writes about the successful implementation of the new strategic concept of President Ilham Aliyev, which has ensured a high dynamic of economic development.
The author cites the example of 28 projects already implemented, including the Southern Gas Corridor, TANAP, the international trade port in Alat, the launch of the third satellite Azerspace 2, and the fulfillment of these promises and commitments.
The newspaper Yeni Musavat continues to write about problem loans. Expert Akram Hasanov notes that the consideration of the issue of problem loans in the Constitutional Court was first held in 2015 at the initiative of banks. The current consideration of this issue at the Constitutional Court (August 2018), the expert notes, took place as a result of the interest of circles who took large loans from banks.
Banks in large numbers send the names of their debtors to law enforcement agencies.
Most problem loans are issued as a consumer loan, not a business loan. Even the largest loans are not registered as a business. The expert claims that 60% of problem loans are issued without collateral, illegally, for people close to the banking community at the most meager interest.
The website Bizimyol.info discusses with experts the issue of hiring without an employment contract and talks about double-entry accounting of employers. The experts came to the conclusion that an employer who approaches the recruitment of employees from the point of view of the law loses the competition to a shade entrepreneur.
Some measures of the Ministry of Labor and Social Security are not in favor of an honest entrepreneur. It is also possible that compulsory insurance may be imposed on honest entrepreneurs, experts fear.
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The closure of Azerbaijan's land borders was discussed during the parliamentary session on November 25. While the government’s decision cites the coronavirus pandemic as the main reason—despite the World Health Organization declaring its end last year—Zahid Oruj, Chair of the Human Rights Committee in the Milli Majlis, pointed to other factors. He stated, "Opening the borders could result in an influx of hundreds of thousands of non-Azerbaijani refugees due to the Russia-Ukraine war. Additionally, in Iran, many are prepared to cross into Azerbaijan to safeguard their lives and assets amid military strikes. Such waves of refugees could lead to humanitarian, social, and cultural clashes that may threaten political stability."
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On Tuesday, the General Prosecutor's Office announced the initiation of new criminal cases against agricultural product exporters who allegedly concealed their earnings abroad. Specifically, the Sumgayit City Prosecutor's Office has opened a criminal case under Articles 208.2.1 and 208.2.2 (failure to return foreign currency to the country in large amounts by prior agreement of a group of individuals) and Article 308.2 (abuse of office causing serious consequences) against officials of the company "SOİL BOONS" LLC – Jahangir Aliyev, Elyar Gadzhiev, Mehman Mirzamedev, Saleh Gabilov, and Aly Aliyev.
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Rains will continue in Baku and Absheron on 27 November, forecasters said. In places, precipitation will be intense with thunderstorms. Moderate north-west wind.
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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