Press Review for June 15, 2017

The anniversary of Heydar Aliyev"s coming to power, non-use of banking cells by the population, officials and their theft in large amounts, and the fate of the manat after the Formula-1 are the leading topics of today's press.

The Azerbaijan writes about the Salvation Day celebrated on June 15. It was on this day in 1993 that Heydar Aliyev came to power, having made a revolution in the fate of the people.

The Echo published a report on the lack of interest of the population to the banking cells in Azerbaijan, although before the crisis this service was in great demand.

However, today the confidence in financial institutions has come to nothing, while the population"s income has fallen.

The Novoye Vremya writes about how corrupt officials are cutting down the state budget. So, the cost of state projects is constantly growing, but most of the funds are being plundered, as it was in the case of officials of the Ministry of Communications.

The Yeni Musavat discusses the issue of the probability of another devaluation of the manat after the end of Formula -1. Despite the stability of the manat recently, the concern about the national currency"s future does not go away.

Experts admit that the manat may fall sharply, despite assurances from the authorities that it will not become cheaper until the end of this year.