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Financial crisis in Azerbaijan: One Azeri is immolated, indebted by the devaluation of the manat

January 9, 2016 By administrator

arton120718-480x297Direct effect of the financial crisis in Azerbaijan. A Neftchala a man of 63, Ali Navrouzov January 7 attempted to commit suicide in front of the school where he worked setting fire to his clothes impregnated with oil. The man committed this act of desperation as a result of the devaluation of the Azerbaijani manat currency, it could no longer pay its debts. The manat has been devalued by almost a third of its value by the Central Bank of Azerbaijan who could no longer support its currency. A. Navrouzov protested because he could not repay the loan is from a bank. With severe burns he was the unfortunate man was hospitalized.

Krikor Amirzayan

Filed Under: Articles Tagged With: Azeri, immolated

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