The Ministry of Labor and Social Protection of Azerbaijan recommended that private enterprises should start work from 7.30-8.00 am, and banks - from 10.00 am.
The initiative is dictated by the need to comply with paragraph 24 of the first protocol of the Commission for Road Safety "On additional measures to improve the traffic in Baku."
"Failure to abide by the recommendations will be considered as violation of labor laws," the Ministry said. There are grounds for the imposition of fines on responsible persons. In the e-mail address info@mlspp.gov.az one can ask questions to the responsible employees of the ministry. --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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