Successes in the agrarian sector, ways to address the issue of problem loans, and the organization of financial control are the leading topics of today's press.
The newspaper Azerbaijan writes about high indicators in the agricultural sector in Goranboy region as a result of implemented large-scale projects - a substation in the village of Delimamedli, Regional Agropark, and the main irrigation canal Shemkir-Samukh-Goranboy. This year, 9.8 tons of silkworm cocoon was produced in the region, an area of 5,000 hectares was planted with cotton, as well as 8,000 hectares of tobacco and 18,774 hectares of wheat. Collecting wheat from one hectare was more than 30 quintals.
The Novoye Vremya newspaper writes that it is time for the Cabinet to intervene in the issue of credit indebtedness. The total amount of overdue loans in Azerbaijan has reached AZN 1 745.7 million. This is 2% more than on June 1 this year. Data on the situation in the national banking sector of the country are reflected in the regular statistics of the Central Bank of the country.
As indicated in the document, compared to the beginning of the year, problem loans increased by 7.3%, and over the past year they decreased by 3.6%. At the end of June, the share of problem loans in the total loan portfolio was 14.4%. This ratio at the end of May was 14.3%. The volume of overdue loans is an indicator of the activity of the banking sector. The loan portfolio of banks is narrowing, but the share of problem loans in it is growing. However, the return of the loans borrowed by the population largely depends on the social well-being of citizens.
The website Oxu.az discusses what should be done to ensure transparency of the budget with MP Vahid Ahmedov. He believes the time has come to pass the law "On state financial control". This law is necessary to ensure budget transparency. Each gapik must be on the account, the MP believes, and financial control is the most effective mechanism, he said. -0----
Social
-
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.
-
An operation at Istanbul Airport has revealed an incident that could strain diplomatic relations. Kahraman Shamil oglu Mammadov, alleged to be an Azerbaijani military attaché, was caught with 70 kilograms of gold. According to Turkish media, Despite Mammadov's claims that he is a diplomat, it is believed that the incident is related to gold smuggling.
-
On a brisk November evening, the residents of Baku gathered along the waterfront of the Caspian Sea, stunned by what appeared to be the washed-up body of a colossal whale. At 16 meters long, the creature’s seemingly lifeless form and pungent odor left many convinced they were witnessing an ecological tragedy. By that night, however, the mysterious visitor had departed, loaded onto a cargo platform and whisked away to the airport.
-
Starting from November 25, dedicated traffic lanes allocated for COP29 conference participants will lose their exclusive status and will be open to all vehicles, according to the Land Transport Agency (AYNA).
Leave a review