individual identification of all land, including ownership of private traders, will be made in the Khachmaz district. Prepared on the basis of this work, the electronic map will be included in the overall system, the Ministry of Agriculture of Azerbaijan said.
This is only part of the mass introduction of e-Agriculture across the country, and the said area is a starting point of the project prepared jointly with the Italian specialists.
According to experts in rural economy, this system is widely used in developed countries and is part of the institutional structural reforms, as it facilitates the formation of the issuance of subsidies to farmers and increases the transparency. In addition, it creates the conditions for a rapid and adequate access to subsidies to bypass bureaucratic obstacles.
If the new system using satellite imagery is used, based on the experience of advanced countries, and not for show, it will allow significant improvement of the productivity and performance, experts said. --17D-
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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