Press Review 12/22/15

Official newspapers publish decrees and orders of President Ilham Aliyev on the allocation of 10 million manats for the families of martyrs and war invalids.

The same newspapers report that there is no need to make a tragedy due to the devaluation of the manat and rising prices in the country.

Azadlig writes that the youth movement D-18 calls official Baku to resign over the hard economic situation in the country.

Experts suggest reducing the gasoline prices to overcome the economic crisis in the country.

This year, the manat has twice undergone devaluation, becoming the most landslide currency in the world in 2015.

The prosecutor's office has created a commission to audit the investigator of the Zardob district Rufat Eldaroglu, who criticized the government.

The newspaper believes that the establishment of the Baku Transport Agency under the Cabinet is the virtual elimination of the Ministry of Transport.

Express writes that in the near future the dollar will cost 3-5 manats.

Bizim Yol writes about the devaluation of the manat and the practical suspension of trade. Due to the depreciation of the manat, housing and real estate will become cheaper, experts say. They also believe that poor families will face serious social problems.

The newspaper writes that in the last 3 months the country imported just 4,500 cars, which indicates a decline in the automotive market.

Yeni Musavat focuses on the devaluation of the manat and previous statements by the head of the Central Bank Elman Rustamov that no devaluation would occur.

Taking into account the February devaluation, the manat fell by 98% over the year.

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