The Cabinet reimbursed the Ministry for Emergency Situations for the cost of international humanitarian assistance in 2012.
The total amount of assistance from the government for transport costs was estimated in the amount of 817,000 manat.
In August last year in the Iranian province of Eastern Azerbaijan there was a devastating earthquake. The Ministry of Emergency Situations of Azerbaijan sent to the disaster zone a caravan of 25 trucks. The help included 3,000 blankets, 1,000 sleeping kits, 460 tents, 40 tons of flour, 20 tons of rice, 9 tons of tea, 10 tons of sugar, 19 tons of oil, and 10 tons of pasta. In addition, for the victims there were sent juices, potable water Jala and other food products. Total aid was assessed in the amount of 566,745 manat.
Azerbaijan also sent humanitarian aid to flood victims in the Krasnodar region of Russia in July 2012. It included drinking water, juices and other necessary supplies. The car caravan consisted of 22 trucks. The Cabinet valued this aid at the amount of 250,230 manat. -0 -
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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