Last year 12 million manat was spent on the construction of the Azerbaijan National Pavilion Milan Expo in Baku. However, where and by whom this facility is built, any state structure responsible for this activity does not know.
The report of the Ministry of Economy for 2016 says that it invested 12 million manat in the construction of this facility. Nevertheless, the press service of this department denies this fact.
The Seaside Boulevard Office does not know about the construction work either. In the state building register (https://goo.gl/Bsqbhr) it is noted that the corresponding territory in the Seaside Boulevard national park is allocated for the construction of the National Pavilion. The customer of the construction is the Heydar Aliyev Center.
The Heydar Aliyev Center claims that the said object is being built in Baku Boulevard. But they do not report where exactly.
The four-storey national pavilion Milan Expo 2015 was designed to be dismantled and delivered to Baku at the end of the six-month exhibition. ----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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