Number of regional ATM by May 1, 1015 amounted to - service terminals are just so many residents of the country. This is slightly less than the number of ATMs in Baku - the capital is set one thousand 316 units of this equipment, - the Central Bank of Azerbaijan (CBA).
In total, according to the Central Bank, established 2331 ATMs (+3.1% compared with the beginning of this year).
Increase in the number of pos-terminals was marked at trade and services. This balance is disturbed in favor of the capital, where 89.94% of the funds used (33 268 thousand) non-cash payment. In areas there is less demand because pos-terminals (3 812 thousand) are in the popular tourist centers and major cities. It is noteworthy that decline was marked in Baku, and in the areas growth was in the installation of this kind of technology. - 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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