Press Review 08.07.17

Macroeconomic stability in the country, the level of poverty, an increase in external debt - the leading topics of today's press.

The newspaper "Azerbaijan" writes about macroeconomic stability, the main condition of which is the conditions for business.

According to the report of the Global Competition of the World Economic Forum, Azerbaijan is among the 10 countries of the world with the most stable macroeconomic environment.

The article highlights the importance of implementing numerous reforms to maintain this position.

The newspaper "Echo" writes about the number of poor in the country.

In Azerbaijan, 1.5 million employees. About 900 thousand are state employees. At the same time, the number of able-bodied population is just over 5 million people.

It turns out that about 3.5 million citizens do not officially work. Most of these people are involved in the illegal labor market. Therefore, today it is difficult to say what percentage of the population needs help and lives below the poverty line, but their number is many times greater than the official figure of half a million people.

The newspaper Novoye Vremya writes about the growth of the country's external debt, recalling the recent large loan from SOCAR from international financial institutions.

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