The State Committee for Property Affairs (SCPA) made checking raids in the villages Ramana and Mashtaga of the Sabunchu district of Baku and revealed attempts of misuse of 25 hectares of land for agricultural purposes.
The raids were organized with the participation of representatives of local executive authorities and municipalities, as well as employees of the department district police, whose duty is to monitor the implementation of the land and building legislation.
According to SCPA, construction of individual housing, etc. was carried out on agricultural lands in Ramana. In the village Mashtaga an attempt of fencing and construction of facilities on the lands rented to citizens for crop production was prevented.
Since 2016 the legislation has been amended to provide stiffer penalties for its violation, up to criminal. However SCPA reports only minor administrative penalties, although in many cases it is a question of hectares of land. -----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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