Press Review 01/08/15

Official newspapers do not publish materials related to the economic situation in the country. At the same time, the newspapers justify the Central Bank’s restrictions on the sale of currency, arguing that in this way, "the supply and demand on the market is determined."

Azadlyg writes that the officials, fearing US sanctions, withdraw their money abroad.

The decision of the Central Bank that the banks themselves will determine exchange rates is regarded by experts as the control of banks for the black currency market.

Some experts believe that the limit on the sale of the dollar means that the third devaluation of AZN is already close.

The economist Gubad Ibadoglu said that this year a hundred thousand jobs will close in Azerbaijan.

Echo referring to the experts believes that the deterioration of the crime situation in the country is directly linked to the financial crisis.

Bizim Yol comments the decision, according to which for the purchase of more than $ 500 you must submit a document. That is, people buying dollars in large quantities will be controlled.

Yeni Musavat also comments the Central Bank’s limit on the sale of US dollars, assuming that this is evidence of the third wave of devaluation.

Experts consider it necessary to shift to the crisis budget, offering the government to abandon big sports projects, or the construction of large office buildings.

Azerbaijani families because of the artificial increase in prices lose 180 million mantas yearly, said MP Ali Masimov, commenting on the chaotic rise in prices.