Hadi Rajabli: No other country has ever solved problematic loans as Azerbaijan did

Baku. 28 February. REPORT.AZ/ "President Ilham Aliyev's decree 'On Additional Measures to Solve Problematic Loans of individuals in the Republic of Azerbaijan' is of great importance. No other country has ever taken such a step, making concessions to people in such a form," Hadi Rajabli, Chairman of the Parliamentary Committee on Labor and Social Policy told Report.

The chairman of the committee noted this step is done for the sake of citizens: "Of course, banks will also benefit from this measure. I would especially like to note that the move is aimed at protecting citizens' interests. By this step, President Ilham Aliyev once again demonstrated his closeness to the people. This decree also supports the banking system, and the number of people who entrust their funds to banks will rise. The country's financial system is being improved. President Ilham Aliyev noted in his speeches that 2019 would be the year of reforms. The president keeps this promise. "