Legal Migrant Workers Arrived
The system of individual registration of the State Social Protection Fund (SSPF) reported 26,175 foreign workers (+ 16.21%, or 558 people since the beginning of the year).
According to the information Fund, the majority of migrant workers (88.3%) were male. In total, the system of individual registration registered migrant workers from 114 countries of the world. Traditionally, most of them are citizens of Turkey (13,326 people), Georgia (2 ,873) and Russia (1,546).
According to experts, this is only the tip of the iceberg. According to the Migration Service, 3,000 illegals were expelled from the country by 1 September. --17D-
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- Economics
- 25 September 2015 00:37
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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