Press Review 01/27/16

Official papers describe in detail yesterday's meeting on the economic situation under the chairmanship of President Ilham Aliyev and present it as a deep analysis and strategy to address the problems.

In turn, the newspaper Azadlig criticizes the head of CBA Elman Rustamov for his statement on the impossibility of easing USD loans. He robbed the last hope of people who have taken loans in dollars, but return money in manats.

The radio station Deutsche Welle accuses the new head of the Council of Europe Pedro Agramunt of corruption in the period of working as the rapporteur on Azerbaijan.

The Financial Times says that Azerbaijan is experiencing economic problems because of its myopia and blind faith in the invincibility of the oil factor.

Echo writes about the problems created by a snowfall in Baku. The situation is repeated from year to year, indicating no readiness of municipal services for the winter.

Bizim Yol says that 2016 will be a year of deep economic reforms. As evidence of this, the newspaper brings yesterday's speech by Ilham Aliyev.

The economist Rovshan Agayev says that 80% of GDP, 97% of the state budget and 98% of exports go to the Apsheron peninsula. This is the best indicator of one-sidedness and lack of attention to the regions of the country.

Yeni Musavat is ironic about the head of state calling officials to move from expensive foreign cars to vehicles made in Nakhchivan.

The paper also focuses on the statement of the head of CBA Elman Rustamov on the impossibility of benefits to those who took dollar loans.

With the decline of the financial rating foreign organizations will not provide loans to Azerbaijan, experts say.