The State Property Committee of Azerbaijan has mobilized a new electronic service that allows citizens to execute documents on property in their name.
This will simplify the procedure of registration of citizens with documents, said the director of the IT-center of management and reference of SPC Yashar Niftiyev at a briefing organized by the Information Technology Centre (ITC), the Ministry of Communications and High Technologies of Azerbaijan.
According to the official, in order to transfer the contract for the sale of real estate signed in a notary's office in their name, there is no longer need to visit the service of the State Real Estate Register. From now on, the citizens will send the relevant application to the state register in electronic form.
The sales contract will be reissued in the name of the citizen in the notary's office, and payment of the fees will be made in electronic form. The citizen will need only to revisit the notary's office to get his document. --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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