JSC Azerbaijan Mortgage Fund has announced a tender for the establishment and application of the Electronic Mortgage system on the portal Electronic Government, said the Fund.
The fee for participation in the tender is 500 manat.
Packages for the tender should be submitted until April 5, and the other documents are required until 27 March.
In addition, the Mortgage Fund has announced a tender for two lots - the purchase of furniture equipment and the purchase of archival cabinets.
The participation fee for each lot is AZN 50. Primary procurement documents should be submitted before 13 March and the packages of offers - before 30 March. ----71D
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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