Irrigation Systems to Be Leased on Preferential Basis
Kits and equipment for irrigation systems are included in the list of goods provided by state-run JSC Agroleasing on lease on a preferential basis. This decision was made by the Cabinet on August 4.
According to the decision, 40% preferential payment is used for the set of equipment for irrigation systems if a natural or legal person has paid 20% of the purchase or lease.
JSC Agroleasing leases out various technological kits (fodder, dairies, poultry farms, greenhouses, cold storage, etc.) for a long term to farmers and legal entities. Since 2005, more than 150 units of technical equipment have been purchased and provided. - 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