Press Review 10.05.2017

Heydar Aliyev's merits in the development of sports, the reduction in the number of POS terminals, and the deficit of manats are the leading topics of today's press.

The Azerbaijan published an article entitled Islamic Games to Become Triumph of Heydar Aliyev's Sport Policy. The article tells about the merits of the President in the development of national sports. The author makes a short digression into the history of the matter.

The Echo published an article on the transition to non-cash settlement in Azerbaijan.

From January 1 of this year, the law On Non-cash Payments came into force. The main leitmotif of its adoption is the strengthening of accounting in the financial system through the development of non-cash settlements. But the whole idea with the development of non-cash settlements in the country can stop at the first ATM, because the number of POS terminals is reduced in Azerbaijan.

So, in January the number of ATMs in the country was 2,442, which is 7 more than last year. At the same time, the number of POS terminals was reduced by 642.

The maximum number of POS terminals in the country was in 2015 - 80,301, but for the year their number decreased by 9,137 or 11%. The main number of POS terminals was reduced at trade outlets (8,424 devices).

The Novoye Vremya publishes material on the deficit of AZN. The expert Natig Jafarli analyzes the reasons for this, the first of which is the monetary policy of the Central Bank.   –0---

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