Resolution No 363 of the Cabinet of Ministers on 17 November approved the new structure of the National Academy of Sciences of Azerbaijan. The structure of the ANAS was included four organizations.
The structure includes the ANAS Presidium, the Nakhchivan and Ganja branches of the ANAS, 46 publicly funded research enterprises, six scientific enterprises in Ganja and seven scientific enterprises in Nakhchivan, as well as five self-supporting enterprises.
The new structure of the Academy does not include the World Policy Institute, but includes the Oil and Gas Institute. The number of employees of the ANAS, financed from the state budget, is limited to 11,200 people. ---- 08D
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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