Investments in Azerbaijan, the problems of financing small and medium-sized businesses, the hindrances to the distribution of the comedy The Death of Stalin, and the reduction in lending are the leading topics of today's press.
The newspaper Azerbaijan writes that the investments go mainly to the non-oil sector. The author claims that for foreign investments in Azerbaijan perfect conditions have been created, including the legal framework. Last year, foreign institutions and organizations invested AZN 8,607.4 million in Azerbaijan. Of this amount, 7,086.4 million manat belongs to investors in the UK, Turkey, Malaysia, Switzerland, Russia, Iran, Japan, the United States and the Czech Republic.
At the Cabinet meeting on the results of 2017 it was announced that 14.6 billion dollars had been invested in the country's economy.
The newspaper Yeni Musavat discusses what kind of businessmen are given preferential loans. The author claims that in developed countries, the share of small and medium-sized businesses in GDP is 50%, and employment is over 60%.
In the EU countries, 99% of enterprises are small and medium-sized businesses. According to the expert R. Hasanov, loans for entrepreneurs are not available in Azerbaijan and this weakens the economy of Azerbaijan. According to this indicator Azerbaijan ranks 112 among 190 countries in the World Bank"s Doing Business report.
The website Azadliqinfo.az writes that the Azerbaijani authorities are obstructing the showing of the British comedy The Death of Stalin in Azerbaijan, as in Russia. However, there is no such prohibition either in Belarus, or in Kazakhstan, or in Armenia.
In the Ministry of Culture and Tourism of Azerbaijan, the ban is attributed to disrespect for the fallen heroes, meaning ridicule of Marshal Zhukov and participants of the Great Patriotic War.
Despite the fact that the country declares its independence, the authorities act on the advice of the Kremlin.
The newspaper Echo publishes a report on the problems of private sector development. Azerbaijan took a course to develop the non-oil sector of the national economy, and agriculture was chosen as a priority. That is why a large number of state programs were adopted over the past year. This is important for ensuring the domestic consumer market, as well as for developing export potential.
The state should create conditions that would be beneficial for the private sector to work in agriculture. -0----
Social
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On May 2, Chairman of the Central Election Commission Mazakhir Panakhov announced a decision that stirred up political discussions in Azerbaijan that parliamentary elections scheduled for November could be postponed to an early date. The rationale? This coincides with COP29, the UN Climate Change Conference to be held in Azerbaijan in November this year.
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The destruction of green spaces in Baku have ignited public concern as construction activities have been spotted in several parks around the city, with social media images capturing the progress. Notably, in the Narimanov district, near the "Dostlug" cinema in the Park of Martyrs, residents report that trees have been cut down and areas fenced off for the construction of high-rise buildings.
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On Tuesday, rain is expected in Baku and Absheron, sometimes intense with thunderstorms; and the northwest wind. The air temperature will drop to +13+15 degrees during the day. Precipitation will also occur in the regions of the country, in some places intense; and easterly wind. The air temperature in the lowlands during the day will be +15+20, in the mountains +7+12.
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On May 6, cloudy weather is expected in Baku and Absheron. Rain and thunderstorm is expected in the evening and at night. The wind is northwest. The air temperature at night is +10+14, during the day +15+19 degrees.
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