The information spread by some pro-government sites about lowering prices for flights by the state airline AZAL, have not been confirmed. The attempts to get comments in AZAL were futile. The air company did not make any statements, to confirm or deny information about the price drop for its flights. According to unofficial data, the leadership of AZAL is considering the possibility of reducing prices, but not any decision has been made. On 13 July President Ilham Aliyev criticized the pricing policy by AZAL, and urged the company to lower tariffs for transportation of passengers.
The opposition press and users of social networks more than a year have criticized authorities for monopoly and arbitrariness of AZAL, which sells tickets by 50-80% more expensive than other airlines.
In addition, AZAL has closed access to Azerbaijan for a low-budget companies. Many Azerbaijanis have to go to Tbilisi and from there fly abroad, thus trip abroad costing by two or three times cheaper. -06D-
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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