For the creation of six agrarian parks the National Entrepreneurship Support Fund allocated 48 million manat. This was announced at a meeting held in the Shamkir region by the Fund management with businessmen.
In this case, NESF only calls two agrarian parks - Shamkir and Yalama (Khachmaz region). Other agrarian parks are not reported. We only know that the draft of the third agrarian park in the Khizi region was prepared.
Prior to that, the Minister of Economy Shahin Mustafayev reported that it is planned to create 26 agrarian parks in 19 areas (Agjabedi, Beylagan, Imishli, Kurdamir, Salyan, Fuzuli, Saatli, Yevlakh, Agdash and other areas).
On these days Azerisiq announced a tender for the construction of power lines for the creation of agrarian parks in the Hajigabul and Shamakhi regions. The companies that have expressed interest to establish these agrarian complexes are not known to the public. ----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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