The State Joint Stock Company Azerkosmos will take the financial report to the Cabinet, regardless of the request of the government.
Order № 192 of the Cabinet commits this structure by April 30, not only to publish the said document, together with the auditor's report in the local media, but also to necessarily send it to the government.
As reported by the government, the Constitution (Article 5.5), the organization found a bug that allowed the management of Azerkosmos to wait for the governmental request or provide a report without written directive.
Meanwhile, of expanding and plans by the end of February next year the launch of the first space satellite, followed by commercial operation for 15-20 years. This fact has attracted the attention of not only the structure of the American and French partners and the Chinese Academy of Space Technology and Entrepreneurs, whose representatives visited the eve of Baku. Local researchers Space offered help in training for a small fee by world standards. Chinese scientists and entrepreneurs were also acquainted with the technical capabilities and services of the said communication satellite Azerspace-1. - 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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