Acting General Director of Azerpoct Appointed
The Ministry of Communications and High Technologies decided on the vacant post of Director General of the state postal operator LLC Azerpoct. Subhan Kazimov born in 1966 has been appointed Acting Director General.
He is a graduate of the Automation and Computer Engineering Faculty of the Azerbaijan Polytechnic Institute named after Chingiz Ildrym (Technical University) with a degree in Computer Engineering.
His career in Azerpoct started in 2002, from his post as head of the technical department. From July 2004 to this day he was Deputy Director General.
Recall the position has been vacant since November 2, 2015, when members of the Main Directorate for Combating Corruption under the Prosecutor General of Azerbaijan detained the former General Director Gambar Beybalayev.--17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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