![Office of UN Resident Coordinator in Azerbaijan Welcomes Presidential Decree](https://turan.az/resized/750/500/resize/media/2016/main/101000171154.jpg)
Office of UN Resident Coordinator in Azerbaijan Welcomes Presidential Decree
The Office of the UN Resident Coordinator in Azerbaijan welcomes the Presidential Decree on establishment of the National Coordination Council on Sustainable Development. It reads as follows:
‘We are encouraged to see that the Government is creating the National Coordination Council on Sustainable Development as a commitment to working towards the effective implementation of the global goals.
The United Nations System in Azerbaijan is ready to support the Council in its aim to achieve the Sustainable Development Goals and looks forward to an inclusive process that includes the civil society and other segments of the Azerbaijani society.
Azerbaijan, along with 193 United Nations Member States, endorsed the 2030 Agenda at the UN Summit in September 2015, committing itself to taking the bold and transformative steps, which are urgently needed to shift the world onto a sustainable and resilient path, and, while embarking on this collective journey, pledging that no one will be left behind.’ -----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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