The Ministry of Communications and High Technologies of Azerbaijan has reached an agreement with the Azerbaijani office of the United Nations Development Programme (UNDP) on the implementation of the new stage of the "Modernization of the Republic of Azerbaijan in ICT infrastructure and services" project.
In the framework of the project it is planned to cooperate with the Department of Economic and Social Affairs, United Nations Economic Commission for Europe, the State Network of the United Nations Administration, the United Nations Commission for Asia and the Pacific, as well as the local authorities of Azerbaijan, civil society, and business entities.
The project is also planned to carry out works to increase the national skills in the field of "e-participation", education in the field of open government information, the development of e-government infrastructure, and others. ----71D
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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