Press Review 10.08.17

The level of regional development, the state of the economy, the delay in accession to the WTO, and the growth in the number of problem loans are the leading topics of today's press.

The Azerbaijan writes that a new stage of development has begun in the regions. 74% of loans fall to the share of regions. The author writes about the development of a new social infrastructure in the regions, which President Ilham Aliyev said during his visit to the Gakh and Zagatala regions.

The Echo published an article titled "There are no real factors of Azerbaijan"s economic growth". The process of stagnation is observed in Azerbaijan's economy. If by the end of 2017 the real growth of the national economy is one percent, as the government of Azerbaijan plans, this will be a great success. We want to believe that we will achieve this. But today there are no real factors of economic growth.

The likelihood that the annual growth of the Azerbaijani economy in the next two years will reach 3.5% is low. Again, everything depends on the government's actions in the development of the non-oil sector. The author wonders if there will be powerful enterprises in the country during this time, thanks to which it will be possible to increase the export potential of Azerbaijan.

The Yeni Musavat raises the issue of the reasons for delaying the process of Azerbaijan"s accession to the WTO. The author recalls that this issue has been going on for 20 years. MP Vahid Ahmadov recalls that there is an order of President Ilham Aliyev on this issue. The very process of accession to the WTO also involves a long way, and it is necessary to sign various protocols. Experts in the article talk about the reasons for delaying Azerbaijan's accession to this international structure.

The Novoye Vremya published an article on overdue loans, the total amount of which as of July 1 was 1 810.7 million manats.

At the end of June, the share of problem loans in the total loan portfolio reached 13%. This ratio at the end of May was 11.8%, at the end of last year - 9%, and at the end of June 2016 - 8.4%.

Leave a review

Social

Follow us on social networks

News Line