Spending on law enforcement agencies will increase
Baku/21.10.13/Turan : The draft state budget for 2014 provided for 1,240,297,642 manat for keeping judiciary, law enforcement agencies and prosecutors. It is by 125 501 322 manat more than the budget for 2013.
Of these funds , 59,392,983 manat will go to the courts , 928,580,510 manat - the police and internal troops ( in a document they called the police) 49,398,499 manat - to prosecutors , 202,925,650 manat - for other categories.
In the state budget for 2013 for the law enforcement agencies 1,114,796,320 manat were allocated. -03D-
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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