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Azerbaijan’s revenues from ICT sector increase by over 10 per cent

Azerbaijan Materials 12 October 2013 14:50 (UTC +04:00)
Revenues from the ICT sector and postal services amounted to 1196.8 million manat in January-September 2013, which is by 10.5 per cent more than in the same period of 2012.
Azerbaijan’s revenues from ICT sector increase by over 10 per cent

Azerbaijan, Baku, October 12/Trend, H.Valiyev/

Revenues from the ICT sector and postal services amounted to 1196.8 million manat in January-September 2013, which is by 10.5 per cent more than in the same period of 2012, according to a report of the Ministry of Communications and Information Technologies of Azerbaijan, published on Saturday on the results of the first nine months.

"The specific weight of Information and Communication Technologies sector in Azerbaijan's GDP amounted to 1.8 per cent," the report said.

The real growth rate for the last period on the country's telecommunications sector was 6.7 per cent, IT sector grew by 1.6 times, and the postal sector by eight per cent.

During the board meeting the Azerbaijani Minister of Communications and Information Technologies Ali Abbasov told about the projects reflected in the action plan in the field of information and communication technologies for 2013, which was declared the year of ICT in Azerbaijan.

Official exchange rate on October 12 is 0.7843 AZN/USD.

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