In the five months of this year 15,495 vehicles were delivered to Azerbaijan, which was 15,081 units less than in the comparable period of 2014.
During the mentioned period purchased from abroad were 13,912 passenger cars and this was 13,532 units less than in the same period last year. Some of these cars were purchased by the state for the expansion of the car park and road police patrols, as well as for the guest service of the first European Games in Baku.
Since the beginning of the year 497 buses have been purchased - three times more than in the first five months of last year. Most of these buses were purchased by the state budget for the maintenance of athletes and visitors.
Recall that in 2012, Azerbaijan delivered 101,255 vehicles (including 89,652 passenger cars), in 2013 – 104,385 (94,879), and in 2014 – 63,368 (57,615).
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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