of private sector in structure of credit investments is higher than 82% (7 bn AZN). Telecommunications In the 21st century, a new oil and gas boom helped to improve the situation in Azerbaijan's science and technology sectors, and the government launched a campaign aimed at modernization and innovation. The government estimates that profits from the information technology and communication industry will grow and become comparable with those from oil production. Azerbaijan has a large and steadily growing Internet sector, mostly uninfluenced by the financial crisis of 2007–2008; rapid growth is forecast for at least five more years. The country has also been making progress in developing its telecoms sector. The Ministry of Communications & Information Technologies (MCIT), as well as being an operator through its role in Aztelekom, is both a policy-maker and regulator. Public payphones are available for local calls and require the purchase of a token from the telephone exchange or some shops and kiosks. Tokens allow a call of indefinite duration. As of 2009, there were 1,397,000 main telephone lines and 1,485,000 internet users. There are five GSM providers: Azercell, Bakcell, Azerfon (Nar Mobile), Aztrank, Catel mobile network operators and one CDMA. Tourism Tourism is an important part of the economy of Azerbaijan. The country was a well-known tourist spot in the 1980s. However, the fall of the Soviet Union, and the First Nagorno-Karabakh War during the 1988–1994 period, damaged the tourist industry and the image of Azerbaijan as a tourist destination. It was not until the 2000s that the tourism industry began to recover, and the country has since experienced a high rate of growth in the number of tourist visits and overnight stays. In recent years, Azerbaijan has also become a popular destination for religious, spa, and health care tourism. During winter, the Shahdag Winter Complex offers skiing. The government of Azerbaijan has set the development of Azerbaijan as an elite tourist destination a top priority. It is a national strategy to make tourism a major, if not the single largest, contributor to the Azerbaijani economy. These activities are regulated by the State Tourism Agency and the Ministry of Culture. The Formula One Grand Prix is held in Baku, the capital city and has been held here for years. Currency system The Azerbaijani manat is the currency of Azerbaijani, denominated as the manat, subdivided into 100 qapik. The manat is issued by the Central Bank