On 11 October the Cabinet of Ministers adopted a decree on rationalization the network of enterprises of primary vocational education in Baku and Ganja.On the basis of united 32 professional schools were established 13 vocational training centers with the status of the Lyceum. New vocational schools will focus on the specialties required in the fields of railway, construction, industry, shipbuilding industry, culture, tourism, ICT, catering, etc. It should be noted that prior to this in Azerbaijan, there were 113 schools of initial vocational training. In April 2016 in order to enhance the effectiveness of training in primary special vocational training was established the State Agency for Vocational Education of the Ministry of Education. --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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