The main topics of today's newspapers are the effects of the depreciation of oil on the economy, the possibility of a rise in price of bread, the credit problems of the citizens, the introduction of uniform tariffs for a taxi.
"Azerbaijan" newspaper claims the growth of Azerbaijan's non-oil exports. According to the newspaper, it is a consequence of the head of state care about entrepreneurship, allocation of soft loans for business which amounted to 73 million manat this year.
In turn, the "Azadlig" writes that the further fall in oil prices have a negative impact on the balance of payments, increasing its deficit, which amounted to 440 million manats in the first quarter.
Non-oil sector is unable to attract additional revenues to the country. The expert Nemat Aliyev believes that Azerbaijan's economy will soon cease to be of interest to foreign investors.
"New Times" writes about the possibility of a rise in price of bread. Head of the Economic Research Center Gubad Ibadoglu believes that the rise in prices for imported grain will eventually entail, and the rising cost of bread. He also predicts a rise in prices for meat and dairy products, and agricultural products.
"Echo" newspaper published an extensive article on the topic of bad loans.
The volume of overdue loans in the credit investments amounted to 1 billion 514.2 million manat for June 1 this year. According to statistics of the Central Bank of Azerbaijan, in the annual comparison is more than 201 million AZN or 15.3%.
According to banking export Akram Hasanov, banks often uses illegal methods to ensure the return of loans through the so-called collectors. Hasanov together with a group of lawyers established anti-collector agency, to which appealed 3.000 citizens. He pointed out the inadmissibility of the arrest of debtors for loans.
"Bizim Yol" publishes the opinions of experts on the intention of the authorities to introduce common tariffs for a taxi.
Experts do not consider it a real application of common tariffs. Economist Natig Jafarli believes that the application of common tariffs and government regulation could lead to the monopolization of this sphere. In his view, the same services are one of the few areas where there is potential for development of small and medium-sized businesses, and the task of the state is to ensure competitive environment.-0-
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