2,268 Contracts Concluded under Green Card in H1, 2016
The Bureau of Compulsory Insurance (BCI) informs that in January-June (http://isb.az/iyun-ayinda-827-yasil-kart-muqavilesi-baglanilmisdir) 13 of its members concluded 2,268 contracts under the Green Card, while receiving 287,680 AZN in premiums.
Recall Azerbaijan from January 1 this year (for 10 years) is a member of the Southeast group of the said international system, which includes the countries of Europe, Iran, Tunisia and Russia. The Green Card member states recognize contracts of civil liability insurance of vehicle owners (CTP) in their national territories. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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