President of Azerbaijan Ilham Aliyev signed on May 15 the decree "On additional measures to improve the provision of irrigation water acreage and meet the needs of the population in the drinking water."
According to the order, in 104 villages and 29 urban areas of the country will be designed and drilled artesian wells that contribute to improving the water supply of 310 thousand people. To this end, the Reserve Fund of the President of Azerbaijan to the state budget in 2013 allocated the state of "Irrigation and Water Management" 6 million manat.
The State is currently building two major reservoirs in Shabran and Shemkir areas that will improve the irrigation of 200 hectares, to include in the rotation 50 thousand hectares of land.
In the years 2005-2012 in 407 locations across the country there were drilled 721 boreholes, and in 211 villages there were installed water treatment plants. - 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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