The identity data of citizens will now be recorded in the documents of the Ministry of Finance and the State Committee for Property Affairs (SCPA).
According to the presidential decree, issued the day before, the innovation is reflected in the changes in the inter-agency automated information retrieval system "entrance-departure and registration", approved by the decree number 744 of 22 April 2008.
Under the amendments, the Ministry of Finance of Azerbaijan includes information on the identity cards of citizens of Azerbaijan, insured under contracts for compulsory civil liability insurance of vehicle owners, into the document confirming the right of foreigners and stateless persons for temporary or permanent residence in the territory of Azerbaijan.
In addition, the State Committee for Property Affairs of Azerbaijan puts the data on identification cards in the statements of persons in connection with the state registration of rights to real estate and other merchandise rights. - 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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