In the first half of this Azerbaijan purchased 590 units of foreign buses, which cost from $ 147.9 million (without customs duties and taxes.) Basically buses were purchased German production. According to the State Statistics Committee, 268 buses total customs value of $ 70.9 million were ordered in Germany. One bus cost an average of $ 264.800. The most expensive are buses in Switzerland - $ 480,212 per unit. From this country have been purchased only five buses. This year France was produced for export to Azerbaijan 192 buses brand İVECO cost $ 317,426 per unit. From the Czech Republic to Azerbaijan were delivered 30 buses, which cost an average of $ 265,466.
In the first half of this year buses were purchased in Russia (11 units, the total cost - $441,000), Turkey ($ 46, $ 2. 925.000), and Korea (32, $ 2.154 thousand.)
The government officially reported that it purchased from the state budget does not less than İVECO 304 buses to serve athletes and accompanying persons in the framework of the first European Games in Baku, which took place on 12-28 th June 2015. 08B
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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