Press Review for April 2, 2018

The anniversary of the liberation of the Jojug Marjanly village, dependence on imports, and a look at the existing exchange rate policy are the topics of today's press.

The newspaper Azerbaijan writes about the anniversary of the liberation of the Jojug Marjanly village of the Jabrayil district, which became possible after the fighting in April 2016.

The village is no longer controlled by Armenians, and President Ilham Aliyev signed 4 orders for its settlement. The Order of Labor was awarded to a resident of the village Oktay Haziyev, who did not leave the village all these years.

The newspaper Echo published an article on the need to reduce prices for imports. Reduction of the price of imports does not work, and given the reduced purchasing power of the population, imports have fallen by 30%.

The rise in prices for goods presented on the domestic market hits the pockets and the budget of the population. Curbing inflation is not yet possible. The rise in import prices has gone out of control, and to reduce them there is only one way - the abolition of customs duties.

The Yeni Musavat newspaper - an expert Vugar Bayramov claims that the Central Bank should revise the exchange rate policy. The main trading partners of Azerbaijan are Russia and Turkey, the national currencies of which have lost their value relative to the US dollar. Does this fact create a danger for Azerbaijan?

The expert believes that in order to insure the manat from new devaluation, it is necessary to create conditions for the manat rate to keep within certain limits. He believes the Central Bank should revise the exchange rate policy.