During the raid conducted by the inspectors of the State Property Committee (SPC) in the Sabail district of Baku on April 21, they revealed facts of illegal building without any documents on 23 hectares of land owned by the state.
As the SCP press service said, monitoring over the execution of land legislation was also held in the Khazar district of the capital (the Zira and Turkan settlements) and several villages of the Absheron region (Novkhani and Mehdiabad). They found evidence of attempts to use agricultural land for other purposes.
These facts were recorded and caused financial sanctions in administrative proceedings.
Since the beginning of this year SCP has found 480 violations of land legislation. The total amount of fines imposed is not reported.
According to the changes in the Code of Administrative Violations, the financial penalties for breaking land legislation can be 8,000 – 10,000 manats, up to imprisonment. ----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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