Intelligent Transport Control Center (ITCC) is going to introduce a system of debit cards payments for public transport in Baku in May. The system has been successfully is tested in May 2012, said the technical director of the Ibrahim Aliyev at a press conference on the plans for this year.
It is planned to use common payment cards, which can pay paid for travel, as in bus transport and metro. For the convenience of citizens and foreigners will be used payment cards "Master Card". The cards will be tucked into the banks, data terminals (there are 560 such terminals) and kiosks. Although it is unlikely, but according to the general director Elnur Abdullayev, payment cards will be distributed to the public free of charge.
According ITCC2000 buses run in Baku on 115 routes.--08C--
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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