Press Review for 4 April 2018

The integration of Azerbaijan into the world economy, the economic performance of the first three months of this year, and the ongoing crisis in the banking system are the leading topics of today's press.

The newspaper Azerbaijan writes about the integration of Azerbaijan into the world economy, including large international economic projects.

For the development of any country there are 11 mandatory conditions to which Azerbaijan is fully responsible. Further, the author gives some statistics on the development of the country.

The newspaper Yeni Musavat together with the expert Natig Jafarli estimates the economic results of the country for the first three months of the year. The expert notes great stability in the financial sector, which cannot be said about the banking sector or the food industry.

Comparative activity takes place in the construction sector. Despite the increase in the population's salaries by 10%, against the background of the existing high prices this is not felt.

The newspaper Novoye Vremya writes that the banking crisis takes on a chronic form, as discussed at the yesterday's meeting of the Milli Majlis. Deputies note that banks that once accepted deposits from citizens at low interest and gave out loans at high, should have known that it would also boomerang over them. The banking crisis in our country is chronic and the Financial Markets Supervision Authority cannot withstand this. Bankers, in turn, are waiting for help from the state.