Media Review September 30, 2019

Azerbaijan that has taken the 20th place among reformer countries, discussions of the consumer basket, and investment opportunities in the country's economy are topics of today's media.

The newspaper Azerbaijan writes that Azerbaijan took the 20th place among the reformer countries; such is the opinion of "Doing Business 2020." According to this report, the situation with registration of property, obtaining loans, protecting the rights of minority investors, and ensuring the execution of contracts has been improved in Azerbaijan.

Thus, Azerbaijan rose from the 57th step to the 25th.

The Yeni Musavat newspaper is discussing a minimum consumer basket with the economist Gubad Ibadoglu. He recalls that the cost of living in the country is 180 manat, for the able-bodied population - 191 manat, for pensioners - 149 manat, and for children - 160 manat. However, from September 1, the minimum wage was increased to 250 manats, which is higher than the cost of living.

The minimum consumer basket should be reviewed every 3 years, but the last time this happened in 2014. The rest of the article details the composition of the minimum consumer basket. The expert considers it necessary to update the composition of the minimum consumer basket.

The site Hürriyet.org writes about investments in the economy of Azerbaijan. Deputy Economy Minister Sahib Mammadov notes that over the past years, 260 billion dollars has been invested in the country's economy. Expert Neymat Aliyev notes that for this money a normal economy has not been created in the country. People live, struggling from paycheck to paycheck, young people can"t get housing and arrange a normal life and leave the country. Not the last role, the expert believes, is played by the shadow economy.