The insurance company AXA MBASK has held a social project Good Driver on road safety in Lankaran and Shirvan.
The project, which is implemented in the cities and regions of the country, is designed to stimulate road users to behave responsibly on the roads and to encourage honest and responsible drivers.
Within the project, representatives of AXA MBASK with the support of local authorities and departments of the State Traffic Police on the streets and avenues with heavy traffic gave drivers in Lankaran and Shirvan informative memo about the basic rules of behavior on the road.
Drivers were also informed that non-compliance with basic rules of the road, not using seat belts and child seats in the car are the main causes of road accidents and road traffic injuries. -0-
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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