The Ministry of Labor will thoroughly consider social problems
The appointment of key "reformist" positions in the Ministry of Labor and Social Protection of Azerbaijan is going on. The Director of Research and Training Centre on Labor and Social Issues is the former head of the department of social protection policies for disabled people, Vugar Hasanov.
According to the Ministry spokesman Elman Babayev, this is due to the need to develop a theoretical framework, which is one of the main activities of the center, which has strong ties with such influential organizations as the United Nations Population Fund, the European Training Foundation, the World Bank and others.
According to the new idea of the ministry, the Center, along with the study of advanced experience in the field of labor and social protection, will develop projects and proposals to reform this sector, taking into account the world experience. - 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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