![Exports of Goods from Azerbaijan Fell to Lowest Level](https://turan.az/resized/750/500/resize/media/2015/main/092900131128.jpg)
Exports of Goods from Azerbaijan Fell to Lowest Level
In August the lowest volume of export of goods from Azerbaijan was marked - $ 741 million.
So far (as of 12:00 a.m. on September 28), the State Customs Committee has not published the customs statistics for the first eight months of 2015, although according to the normative act, these statistics must be disclosed no later than the first half of the month after the reporting period. Information about the volume of exports of goods was reported by the economist Rovshan Agayev on his Facebook page.
The highest volume of exports this year was recorded in January – up to $ 1 billion 278 million.
In January-August, the volume of export of goods from Azerbaijan was $ 8 billion 184 million, while in the same period of 2014 foreign exchange earnings from exports accounted for twice - $ 15 billion 351 million. ----08D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review