Official newspapers do not publish materials related to the economic situation in the country.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.
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The Rome Institute of European Design (IED) has granted a full tuition waiver to Azerin Gasymly, a third-year student and daughter of Azerbaijani political activist Azer Gasymly, who is currently detained on charges of extortion. The institute’s decision follows an appeal from Gasymly’s family, citing financial hardship due to her father's imprisonment, which they claim is politically motivated.
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Over the past 24 hours, the streets of the holy cities of Mecca and Medina have been flooded due to heavy rains. The floods washed away roads and vehicles. Many other towns in Saudi Arabia have also been affected by the flooding. At the same time, a powerful earthquake struck Tibet, with the latest reports indicating that more than 100 people have been killed.
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It has been reported that the number of infant deaths in Azerbaijan is on the rise. While the official statistics for the previous year have yet to be disclosed, the number of infants who died before reaching one year of age reached 2,039 in 2023. This figure is 2.1 times higher compared to 2022. Among every 1,000 live births, 18.1 infants (or 1.8%) died before their first birthday.
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On January 8 in Baku and Absheron there will be rains, in some places intense. Precipitation will stop at noon. Wind is south-eastern. Air temperature at night +4+8, during the day +8+11. Humidity 75-85%.
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