Press Review 02/03/16

Azerbaijan publishes the statement by the presidential aide Ali Hasanov at a public meeting in Guba. It was built on positive notes.

"The country entered the post-oil path. Oil revenues will be used to develop non-oil sector and the development of human capital. "

He also assured that despite the economic crisis around the world, Azerbaijan will continue the planned social programs, including education abroad, said Ali Hasanov.

Azadlig writes about the fantastic reduction in imports, which will further deepen the existing crisis. The country is on the verge of shortages and high prices.

The newspaper citing the deputy chairman of the State Customs Committee Mirgasim Vakhabov writes that imports in January decreased by 65-70%. According to him, this year's imports will not exceed 5 billion dollars and the State Committee will not be able to meet its obligations to collect fees.

Experts point to several reasons for the high prices, including the closure of many commercial facilities because of the devaluation and the transfer of business abroad.

Yeni Musavat writes that the former head of the International Bank Jahangir Hajiyev under arrest wants to meet with the head of the Central Bank Elman Rustamov and the Minister of Finance Samir Sharifov. If the meeting takes place, the newspaper says the number of arrests will increase due to the new financial crimes.

Bizim Yol argues that the Azerbaijani youths do not live a good life. This conclusion is based on the survey conducted by the newspaper. The main problems of the youth are the lack of housing, work, hope for the future. There are also problems such as freedom, education and social security.

Echo is wondering how to prevent the brain drain from the country. The author S. Aliyev warns that highly qualified specialists in view of the current economic situation can leave the country, causing a brain drain, as it happened in the 1990s.

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