Media Review - September 10, 2018
The progress of the non-oil sector, the stability of the manat and the factors supporting it, and the debts of SOCAR are the leading topics of today's media.
The newspaper Azerbaijan writes about the development of the non-oil sector, in particular, the increase in exports of agricultural products. The author lists achievements in this field, tells about modern systems in the agrarian sector and creation of agricultural parks, in which more than 200 million manat has been invested.
The preferential loans to entrepreneurs for agrarian works have amounted to more than 100 million manat. The author also tells about the creation of a modern irrigation system on the territory of 50 thousand hectares
The newspaper Novoye Vremya writes about the recent agreements between Azerbaijani and Russian enterprises. Thus, the Russian Gazprombank and SOCAR, with the mediation of the Russian Export Center, signed an agreement on strategic cooperation for further implementation of projects in the sphere of export support from the Russian Federation.
Gazprombank is considering financing the supply of Russian products for the gas processing and gas chemical complex of SOCAR. The amount of the agreement can reach up to 700 million dollars.
The website Azadliq-info writes that all factors supporting the stability of the manat disappear. The economist Gubad Ibadoglu believes that the country's economic indicators are deteriorating.
In addition, the psychological impact on the manat also increases. This is the case with the Russian ruble, the Turkish lira and the Iranian rial. He believes that in such conditions, maintaining a fixed rate of the manat is a political adventure.
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- Energy
- 10 September 2018 10:43
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- Political Monitoring
- 10 September 2018 11:23
Social
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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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