Press Review 21.08.17

Azerbaijan as a reliable international partner, the likelihood of the non-oil sector to become the locomotive of the economy, the revision of pensions, and the causes of the growth of recent deaths are the leading topics of today's press.

The Azerbaijan writes about the reliable international partnership of Azerbaijan in the light of the large-scale projects being implemented. The author highlights several projects and talks about the format of the Azerbaijan-Georgia-Turkey cooperation.

The Novoye Vremya published an article on the role of the non-oil sector.

There is a reduction in investment and lending to the economy. Under such a situation, it is difficult to hope that the economy will show significant growth.

Capital investments in the economy declined by almost 30% in seven months last year. Currently, domestic investments make up only about 3.5 billion manats, and less than one billion AZN has been invested at the expense of the state budget.

Only four years ago, state investments per year amounted to seven billion manats, but now the state is not capable of this, and the private sector is not able to do this, either.

The website Azadliq.info writes about social injustice and stresses the growth of deaths. According to official statistics, since 2010 the number of deaths has increased by 1.1 times.

According to the State Statistics Committee, 11,070 people died in January-February, mostly people aged 50-54.

In 2016, 56,648 people died in Azerbaijan, of whom 29,924 were men and 26,724 were women. The author also concerns cases of suicide, the number of which has increased 5-6 times in the last 10-15 years.

The Echo published an article titled "There Is a Big Difference in Pensions in Azerbaijan". Pensions of former civil servants in Azerbaijan are quite high. For example, ex-MPs receive about 80% of their salary - this is about 2,000 manats. At the same time, former employees of the education and healthcare systems receive no more than 200 manats.

The average pension in Azerbaijan as of July 1, 2017 is 202.2 manats (118.89 dollars), which is 6.6% more than in the reporting period last year. In January-June, 1 billion 627.2 million manats was allocated to pay pensions in Azerbaijan.

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