President Ilham Aliyev after visiting the Zagatala region on November 4, where he took part in the commissioning of a number of social facilities, in the afternoon visited the Sheki district nearby.
There was also a commissioning ceremony at a number of facilities. In the area there was reconstructed a 28 km stretch of the road Sheki-Gakh. The introduction of the road in operation reduces the distance between the two regional centers by 42 km route and connects 22 localities.
The village Gohmuk has been rebuilt a high school building area of 5,277 square meters for 840 students. In the city of Sheki has been opened a new building of the Center for Justice on 19.8 thousand sq. m, as well as the building of a kindergarten for 160 places, built up on the initiative of Heydar Aliyev Foundation.
The head of state also reviewed the progress of the treatment complex Markhal, whose construction began in 2012 on an area of 32 hectares.
The Sheki region is located 290 km north-west from Baku and is included in the Sheki-Zagatala economic region. The population is 170 thousand. The main direction of economic development of the region is agriculture and tourism. -0-
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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