Press Review - 26 February 2018

Electoral legislation and moods in Azerbaijan, inflation prospects, and increase in pensions are the leading topics of today's press.

Khalg Gazeti reports that for the conduct of elections in Azerbaijan there is a perfect legislation and rich experience. The author of the article, MP Javanshir Pashazadeh, speaks about the independence of the country and its integration into European democratic institutions. A powerful legal framework for holding transparent, free and democratic elections was created during the reign of Heydar Aliyev, the article says.

The Novoye Vremya newspaper published an article on banking policy and issuing loans.

On Monday, the Central Bank decided to reduce the discount rate from 15 to 13%. The upper limit of the interest corridor was reduced from 18% to 16%, and the lower limit - from 10 to 8%.

The website Azadliqinfo.az writes about the increase in pensions for different categories of pensioners. The author calls the increase in pensions by 5-10 manat a mockery of pensioners. Thus, a bonus of "people's love" is drawn to power.

The article expresses irony about the increase of scholarships from 35 to 38 manat. Students receiving 50 manat as scholarships will receive 55 manat from now on. In comparison with the 2-million fee for Lady Gaga, this figure is too meager, the author writes.

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