The importance of holding an oil and gas exhibition in Azerbaijan, the threat to medium and small businesses, the likelihood of the closure of five more banks, and the reasons for the restructuring of the International Bank of Azerbaijan (IBA) are the leading topics of today's press.
The Azerbaijan writes about the regular oil and gas exhibition and its significance for Azerbaijan. The author goes into the history of the issue of holding this exhibition, noting that the beginning was laid by Heydar Aliyev. Today the exhibition opens at the 24th time and about 400 representatives from 30 countries will take part in it.
The Echo published an article titled Threat to Small and Medium Business in Azerbaijan.
Azerbaijan lacks foreign currency, and the economy cannot develop without cash in foreign currency, because the country is still import dependent. If this trend continues, then a serious threat will hang over small and medium-sized businesses. The market requires cash for circulation, especially the US currency.
The Novoye Vremya published an article on preparations for the closure of five more banks. Now only banks that have foreign capital are afloat and live at the expense of injections from outside and from state banks. All the others have to leave the market.
Five banks with capital problems are under special control, and they must solve this problem until the middle of the year. -0--
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For more than three decades, the Turan News Agency has been a pillar of independent journalism in Azerbaijan, providing objective and reliable reporting amid political and economic instability. Founded in 1990, in the final days of the Soviet Union, we have endured the challenges of transition, war, and reform while remaining committed to journalism that serves the public interest.
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It will be cloudy and rainy in Baku and Absheron on 14 February. Wind will be north-west, gusty. Air temperature at night +2+4, during the day + 5+7. Humidity 75-85%.
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At the "Julfa" customs post of the Nakhchivan customs, during an inspection of a truck from Iran that was transiting to Türkiye, 101.4 kg of methamphetamine was found in the fuel tank and heating system tank.
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This year, 22,000 foreign language teachers and an additional 4,000 teachers who were unable to pass certification last year will be involved in the certification process, the director of the state agency for preschool and general education, Eshgi Bagirov, announced on February 12. According to him, of the 65,000 teachers involved in the certification, 55,000 passed successfully and received salary supplements. At the same time, employment contracts were terminated with 5,000 teachers who did not pass the certification.
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