On September 23 the Cabinet of Ministers established transport companies at the heads of the Executive Power of Sumgait and Ganja.
The entities (LLC Sumgait Negliyyat and LLC Gence Negliyyat) will have 20 employees.
The State Committee for Property Affairs of Azerbaijan is tasked to approve the statutes of the companies.
Offices of Passenger Transportation in Road Transport under the Heads of Executive Power of Sumgait and Ganja were created in these cities earlier. In Baku, there is a transportation agency under the Cabinet of Ministers. And LLC Baku Bus at the Executive Power of Baku was set up in 2014. ----08D
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review