The Central Bank of Azerbaijan (CBA) announced a quotation method to attract new services to design their own web site (www.cbar.az), and for the introduction of new applications for communication devices iPad, iPhone, Android and Black Berry, and new modules. In addition, the involved services are to create elements of the corporate style of the Central Bank in accordance with international standards.
The participation fee is AZN 50 for the first lot and AZN 30 for the second lot. Applications for participation in the survey will be accepted until October 3 this year in the bank at 32 R. Behbudov Street. The bids will be opened at 10 a.m. the next day in the same place.
For more information, refer to R. Hajiyev at the phone number 493-11-22 (extension 501). - 15D -
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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