In the first nine months of this year 82 thousand new jobs were created in Azerbaijan, of which 61.4 thsd are constant ones. In this case, the State Statistics Committee recognizes that 75.8 % of permanent jobs are individuals, that is, persons engaged in certain types of business (mostly retail), without creating a legal entity.
According to the State Statistics Committee, in the second state program of socio - economic development of regions, from January 2009, there were created 443.1 thousand jobs, of which 336.7 thsd ( 76%) are constants. The share of Baku in the structure of jobs is quite high - 27.1%. The share of private sector in creating jobs this year is 96.1 %.
The Statistical Office indicates that only 10 % of the new jobs were created in enterprises and organizations established this year. Another 13.9 % of the jobs opened in already existing plants.
According to the Ministry of Taxes, from the beginning of this year, the number of taxpayers in the country grew by 47.6 thsd, of which approximately 95 % were individuals. - 08D -
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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