In February, it is scheduled to complete the process of selection of the auditor of financial statements of JSC Tamiz Sheher (Clean City) of the past year.
According to the report of State Procurement Agency, in the aggregate, according to the plan, it is expected to conduct a large number of different procurement actions and the company will receive 2 million 889.8 thousand manat from the state budget for that.
The JSC was established August 6, 2008 by the relevant presidential decree. The Ministry of Taxes registered Tamiz Sheher with registered capital of 9 million 149.672 thousand manat in March 2009.
All the shares of the company are owned by the Ministry of Economy and Industry. --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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