Residents of Gudajuhur village of the Sabirabad district celebrated the construction of a new medical facility. The opening ceremony was attended by representatives of the United States Agency for International Development (USAID), Ministry of Economy, Ministry of Health, local Executive Committee, and municipal government. The project was co-financed by USAID and the Government of Azerbaijan and implemented by the East-West Management Institute (EWMI) under the Socio-Economic Development Activity (SEDA).
With technical support from EWMI, Gudajuhur village residents worked with their local and regional governments to replace an aging medical point with a new facility able to meet the community's healthcare needs. The new facility, which includes one examination room and one hallway for a waiting room, will improve the day-to-day access to healthcare for more than 1,600 people in Gudajuhur village.
In total, EWMI has implemented 81 projects in 71 communities benefiting more than 110,000 people around Azerbaijan with USAID support. Through SEDA, EWMI promotes cooperation between citizens, civil society organizations, and government to advance socio-economic development. -0--
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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