Media Review October 31, 2018

The development of the agrarian regions, the reasons for the decline in credit rates, and the protest of MPs against changes in laws are the leading topics of today's media.

The Azerbaijan newspaper writes about the development of the agrarian sector in the country against the background of the recent visits of President Ilham Aliyev to the Gakh and Sheki districts.

The article notes that by the end of this year, it is expected to open 13 agricultural parks, where more than 13 million manat has been invested. In total, it is planned to open 45 agro parks.

The article also speaks about the development of sericulture. Thus, a pedigree sericulture station was commissioned in the Gakh region, for which 4.5 million manat was allocated from the President"s reserve fund.

The website Bizimyol.info writes about the decision of the Central Bank to reduce the discount rate from 10 to 9.75%. According to the expert Akram Hasanov, this decision of the Central Bank is imitative in nature, since it is not able to reduce credit interest. The Central Bank wants to say about the absence of problems with inflation, showing a desire to increase lending.

According to the expert, the interest rates will not be reduced, since at the beginning of this year the discount rate was reduced from 15 to 10%, however, interest on loans was not reduced.

The website Oxu.az gives a commentary of MP Agyl Abbas on the change in the laws "On the internal rules of conduct of the Milli Majlis" and "On the rules of ethical behavior of the deputy".

According to the innovations, an MP may be deprived of his mandate if he misses parliamentary meetings three times.

An MP is obliged to report to the disciplinary commission if he is presented with a gift worth more than 50 manat.

Agyl Abbas considers these changes absurd, and MP Musa Guliyev calls these changes disrespect to MPs.