
The development of industry, the activity of the Deposit Insurance Fund, and the increase in duties on state registration of mobile phones are the leading topics of today's press.
The newspaper Azerbaijan writes about the development of the country's industry, which is the priority of economic policy. The example is the creation of industrial parks and areas. A special place is occupied by the Sumgait Chemical Industrial Park and a propylene plant, opened within the framework of the SOCAR Polymer project, which produces 19 kinds of propylene.
The author notes that for 6 months of the current year the non-oil industry increased by 8.8%.
The website Modern.az writes that the Deposit Insurance Fund is on the verge of collapse, as it lacks financial resources. This was facilitated by the closure of banks in 2015-2016.
Abroad, such structures are active in the securities market and in the real estate market. However, there is no such practice in Azerbaijan.
The return of the insured deposits of the closed Bank Standard became possible only with the help of the Central Bank.
The website Bizimyol.info writes about the increase in duties on state registration of mobile phones by 20-150 manat. The chairman of the Association of Free Entrepreneurs Eyub Huseynov believes this decision of the Cabinet contradicts the UN document on the availability of goods and services to consumers. This decision looks like a restriction of consumers' rights, the expert notes. -0----
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Meetings of the Amnesty Issues Commission under the President of Azerbaijan are set to resume, with expectations that a new presidential amnesty decree will be issued. The last such decree was signed on May 25 of the previous year, ahead of Independence Day (May 28). That decree covered 154 individuals, of whom 63 were released from imprisonment, while the sentences of 52 others were reduced by half. The remaining individuals were mostly freed from electronic monitoring or had their sentences commuted in other ways.
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The National Hydrometeorology Service of Azerbaijan has forecast a mostly dry and cold day across the country on February 11, with occasional cloud cover in Baku and the Absheron Peninsula.
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Afiyaddin Mamedov, chairman of the trade union NGO “Workers’ Table Confederation,” has launched an indefinite hunger strike in prison to protest what he describes as worsening social conditions and the arrests of citizens in Azerbaijan, his family said on Friday.
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A fire erupted in a multi-story residential building in Khirdalan, Absheron district, prompting an immediate response from Azerbaijan’s Ministry of Emergency Situations (FHN), authorities said on Saturday.
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