In the production of goods and services in the high-tech 2020 will be invested over $ 7 billion
The head of the Ministry of Communications and Information Technologies Ali Abbasov met with ambassadors of the European Union (EU), accredited in Azerbaijan, and said that the country's leadership is to gradually reduce the dependence of the economy on the oil sector, with 20% (according to him, about $ 20 billion) of GDP to the specified period will be on the "shoulders" of the ICT sector.
The government plans to achieve growth in the use of broadband Internet by 2016 to 85% in view of the minimal speed of traffic at 10 megabits per second. For the development of the ICT sector will create an enabling environment, improving the competitiveness of the environment, mitigating the customs, fiscal, monetary and monetary policy - explained the Minister the intentions of EU representatives in the hope of understanding, because this space is a strategic partner of Azerbaijan in many spheres.
By 2020, the local government will do that except for residents of mountainous villages in some areas 80% of the population will be in e-services, about the same number of holders of electronic signatures will be able to fully enjoy the services of the "electronic government. - 17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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