Ministry of Transport released a report on the licensing system for the road transport in 2012.
Last year, passenger and cargo carriers received 299,271 distinguishing signs. These signs are valid for one month, and are a kind of a form of taxation for motor carriers. From the issue of the signs the state budget received 7.3 million manat.
For the freight and passenger carriages, in 2012 the physical and juridical persons were issued 565 special permits (licenses). These licenses were valid for 2219 vehicles. Last year 1203 new cars-taxi were put into operation in Baku, including brand TX4 - 1000. Income from licensing of motor transport were 86,1 thousand manat.
Transport Ministry also carries out pre-trip checkup of vehicles. It cost carriers 851 manat.
In 2012, were exchanged permits for international transport with 30 countries, according to the press service of the Ministry of Transport. Total of 46,850 permits were issued. Government revenue from the licensing system was 466.500 manat. 08D
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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