In 45 districts of Azerbaijan, the Cadastre and Registry of Addresses Service under the State Committee for Property Affairs has identified 13,527 nameless streets.
According to the Committee’s report, this number concerns 1,259 rural localities of the country. "In the next two months, the relevant bodies of executive power will be told to name these streets," the Committee emphasized.
The information system of address registry already includes 603,126 inputs and 335,037 internal addresses of real estate located in 6,705 streets and avenues in 6 cities of republican importance and in 50 districts. New addresses have been assigned to 758 streets and avenues in Baku, 846 streets and avenues in Ganja, and 195 in Sumgait. --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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