Press Review 06/12/2016

The visit of the head of state to the frontline zone, the reaction to the decision of the Tariff Council on increase in the price of the utilities, the lack of economic reforms, and the passivity of the real estate market are the leading topics of today's press.

The newspaper Azerbaijan writes that the population residing in the frontal zone constantly feels strong support of the President. The other day, President Ilham Aliyev visited the Agdam and Terter regions. This visit supported the morale and inspired confidence in the population. The head of state has allocated 3 million AZN to compensate for the population’s losses in both areas.

The website Azadliq.info continues to write about the high prices prevailing in the country, as well as about the increase in the prices of gas and light. The author regards this as a slap to the population, because gas is raised by 100%, and light - by 57%. The government, instead of admitting its wrong policy, just raises prices. However, the government will allocate 617 million manat for the sports games in 2017.

Echo has published an article about the upcoming challenges in 2017. Despite some steps of the authorities, the manat will continue to fall, as foreign exchange reserves shrink. It was clear that sooner or later oil will no longer bring fabulous money. In the best years, the government did not take the opportunity and did not invest in education, health, agriculture, or small and medium businesses. It did not create well-functioning institutions in different sectors.

The website Musavat.com writes the price increase in the housing market is not expected. An expert in real estate Rashad Hasanov believes the trend of decline in prices will continue, and the purchase and sale will be passive.