IMF: Azerbaijan has made most advances on internet service prices

Baku. 31 October. REPORT.AZ/ Recently Azerbaijan, the Gulf Cooperation Council countries and Lebanon have made the most advances, with high penetration ratios for both Internet and mobile phones prices.

Report informs referring Regional Economic Outlook for October released by International Monetary Fund (IMF).

According to IMF's outlook, some countries like Djibouti, Pakistan, Sudan, Tajikistan, Yemen have low penetration rates for both Internet and mobile phones. Lack of interoperability of payment systems in Armenia, Georgia and Kyrgyzstan fragments the markets and in some countries mobile costs are prohibitive. In above-mentioned countries population spends at least 10 percent of household income to afford a basic mobile phone plan.

According to report, only four regional countries - Azerbaijan, Georgia, Kazakhstan, Uzbekistan have cybercriminal and cybersecurity legislation in place.