Evaluation of changes to the Constitution made by the September 26 referendum, reduced demand for dollars, the problems in attracting investment, and the budget discussion for 2017 are the leading topics of today's press.
The Azerbaijan newspaper claims that the referendum was free, fair and transparent, and it is confirmed by the positive opinion of international observers. The author believes the amendments are aimed at strengthening citizens' rights and freedoms.
The website Azadliq.info writes about the output at the foreign currency auction, noting that supply exceeds demand. So, the September 29 auction offered 150 million dollars, of which 22 banks purchased only 48.9 million.
Novoye Vremya publishes an article about a bad atmosphere for business.
Azerbaijani entrepreneurs living abroad should see the credibility of the country in terms of business security. If they trusted it, their money would for a long time work for our economy, not other countries. Many times it happened that an investor from abroad opened a business in Azerbaijan, and later regretted it. Because of shortcomings of the legislation and the judicial system and because of the mentality of local entrepreneurs, many of them are on the verge of bankruptcy.
Instead of market in Azerbaijan there is bazaar. The courts are dependent on executive bodies, and the monopolists and oligarchs are mostly the same people who, one way or another, represent the power.
Bizim Yol writes that the budget for 2017 is the smallest in the last 5 years. The expert Nazim Baydemirli believes the population will have to save much.
The revenue fell by 5.2%. It is necessary to look for other sources to improve the situation.
The expert Gubad Ibadoglu said that only 31% of the budget is formed from the Oil Fund transfers. The rest of the budget should be formed by manufacturers and entrepreneurs. -0 ---
Social
-
On Sunday, December 22, changeable cloudy weather is expected in Baku and the Absheron Peninsula. Drizzle is possible during the night and morning in some areas of the peninsula. Moderate southwest winds will prevail. The air temperature will be 5-8°C at night and 9-11°C during the day, according to the National Hydrometeorological Service of the Ministry of Ecology.
-
Baku, often called the "Caucasian Dubai," is increasingly known for systematic violations of residents' housing rights. During urban renovations and the construction of elegant new buildings, thousands of families in Azerbaijan’s capital have been unlawfully deprived of their homes. Many, recognizing the futility of resistance, settle for inadequate monetary compensation for their irreplaceable property. A minority, placing faith in the Housing Code, demand fair compensation from construction companies but often lose everything—both their homes and any form of recompense.
-
Azerbaijani team prepares to compete in three prestigious international Olympiads The preparation of young programmers representing Azerbaijan in international Olympiads continues successfully. In collaboration with Azercell, the Ministry of Science and Education, and the Institute of Education, the latest “Informatics Camp” was held at the Baku Higher Oil School.
-
Last night, three earthquakes occurred along the Armenia-Azerbaijan border with magnitudes of 4.8, 3.0, and 3.8, according to the Republican Center for Seismological Service of the National Academy of Sciences of Azerbaijan. The Ministry of Emergency Situations reported no information about any destruction or casualties as a result of the earthquakes.
Leave a review