Press Review 14/10/2016

Solution of the problems of refugees and internally displaced persons, distrust of banks, groundless hopes for the rise in oil prices, and large-scale projects as the sources of corruption are the themes of today's media.

The Azerbaijan newspaper writes about the problems of refugees and internally displaced persons, saying they are a priority of the state policy.

The author argues that after Heydar Aliyev came to power, the social position of people of this category has much improved. The state program was adopted and new settlements with developed infrastructure were built.

More than 6.2 billion manat was spent on the solution of the problems of these people, of which 2.8 billion manat was allocated from the state budget, 2 billion manat - from the State Oil Fund, and 1.4 billion manat – from international financial institutions and humanitarian organizations.

The website Azadliq.info discusses the situation with the population's deposits in banks. The expert Nemat Aliyev claims the loss of public confidence in banks, saying the banks have problems in finding customers now.

Deposits are withdrawn from banks more and more.

Echo has published an article entitled: “The Cost of “Black Gold” Still Maintained Artificially.”

The XXIII World Energy Congress in Istanbul did not discuss the situation with oil prices and measures to reduce oil production. The main topic was cooperation.

Discussions will continue at a meeting in Vienna at the end of October.

Bizim Yol writes that major projects are a source of corruption. Seven billion manat of investment was spent without a tender in 2015. That same year, the investment costs of the state budget amounted to 6 billion 930 million manat or 32.8% of the total budget.

The article brings more detailed figures of expenditure and violations of tender conditions.

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