Press review 18.11.17

The 18th anniversary of the signing of the document that defines the route of the Baku-Tbilisi-Ceyhan oil pipeline, the prospects for external debts, the high price of foodstuffs are the leading topics of today's press.

The newspaper "Azerbaijan" writes about an agreement signed on 18 years ago to determine the route of the Baku-Tbilisi-Ceyhan oil pipeline.

On November 18, 1999, at the OSCE summit in Istanbul, an agreement was signed on the oil pipeline across Azerbaijan, Georgia and Turkey. The article speaks about the special role of Heydar Aliyev in the implementation of this project.

The newspaper "Echo" published an article titled "Azerbaijan's external debt by 2020 will come close to the country's GDP?" Just two years ago, Azerbaijan's external debt was equal to 8% of GDP, but today, according to official figures, it grew to 18%.

Azerbaijan has a slightly specific format for calculating external debt: it calculates only that part of the debt that was used, but the other part that has already been taken and will be spent in subsequent years is not taken into account.

Over the past two years, the speed of Azerbaijan's external borrowing has increased significantly. If the trend continues, the external debt of the AR by 2020 will approach the country's GDP.

The site "Azadlıqinfo" discusses why people in the country lag behind in physical and mental development. Expert Vahid Maharramov believes that poor amilies cannot afford normal food because their purchasing power is low.

The author gives various data on prices, comparing them with prices in neighboring states. If people cannot eat properly, it is natural that their physical condition and mental development will lag behind, which causes serious problems in society.