Press Review - July 2, 2018

Reforms in the agricultural sector, two views on the restructuring of mortgage loans, and the situation on the Hovsan beach are the leading topics of today's press.

The newspaper Azerbaijan writes about the strategic reforms in the agrarian sector. Over the past 14 years, 231 billion dollars has been invested in the country's economy.

Four out of 45 planned agro parks have already been commissioned. The area of ​​the created agro parks will occupy 191 thousand hectares, with 1.4 billion manat invested.

The newspaper Novoye Vremya writes about the restructuring of the mortgage loans system. Azerbaijan will finally begin to review the terms of mortgage debts, but, as expected, mortgage restructuring will not cover all borrowers, but only a part of insolvent citizens.

Provision is made for an extension of the loan term, as well as a reduction in the interest rate.

Borrowers will also be provided with postponement of payments.

The website Khazar Khabar Az writes about the situation on the beach of the Hovsan settlement. Despite prohibitive signs, people still bathe. The ban is associated with severe water pollution. Fish die in such water and are thrown ashore, and there is a bad smell in the air. -0------

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