As of 1st April 2013 in the economy of Azerbaijan there were occupied 1,479.3 thousand employed persons. This is 1.6 million more people than at the beginning of the year. At the same time employment grew at the expense of the public sector.
In the State Statistics Committee they told Turan that the number of employed persons in the public sector reached 901.2 thousand, which is 2.1 million more than at the beginning of the year. In the private sector, the number of employed persons decreased by 0.5 thousand people and made 578.1 thousand people. In this case, government agencies (Ministry of Taxes and the Ministry of Labor and Social Welfare) provide reports on the legalization of concealed private sector jobs.
For example, in April of this year as a result of operational control measures on 400 private enterprises were identified 525 illegal jobs. Employers have been forced to conclude with these workers individual employment contract. - 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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