Investing in the regions, reducing the number of banks, and the number of young people in the country are among the leading topics of today's press.
The newspaper Azerbaijan writes that the regions have become attractive for investors. The author on the example of Agstafa gives an assessment of investing in the regions. So, as a result of socio-economic reforms in Akstafa, the crop production increased 2.9 times, industry - 2.2 times, agricultural production - 2 times, the construction and installation works - 8.6 times, and the average salary in the region - 1.4 times. Last year, 34.8 million manat was invested in the region, out of which AZN 25 million was foreign investment.
The newspaper Echo writes about the insolvency of most banks in the country to issue loans, as the withdrawal of deposits continues. The number of deposits is decreasing, and distrust of the banking system remains.
Another problem is that Azerbaijan lacks full-fledged control over the targeted use of credit funds.
The website Azadliqinfo.az writes that in the next 5 years, the reduction of youth in the age of 15 to 29 years is expected. The number of this age group will decrease by 320 thousand people. In February this year the number of economically active population decreased by 1,500 people. For one month, this loss is great. Further, the author gives figures on the dynamics of the population by age groups. -0 ---
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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