More than 57 % of the respondents are users of electronic services provided through the Web-Site Social Protection Fund of Azerbaijan. This is revealed in the course of the next survey conducted on a virtual page of government structure .
As chairman Salim Muslumov yesterday in an interview to "Rossiyskaya Gazeta " (http://www.rg.ru/2013/09/24/muslimov.html), a database of individual registration is mandatory state social insurance includes information about more than 1.27 million pensioners , as well as 2.62 million workers paying social insurance contributions . To increase the performance and to change the ratio of the amount of contributions the total contribution rate of social insurance is 25 %, of which 22 % comes from the employer, and 3% is withheld from the employee's wages. The way out of the " shadow " money circulation and denial of workers' wages in envelopes may contribute to a progressive scale of equity participation of employers and workers - the higher the salary the employee, the higher the share of the payment of contributions. "Perhaps the new tariff structure Social Security will begin to apply since 2014," said Muslimov.
According to him, Azerbaijan introduction of mandatory funded component is fraught with risk , as introduced by the mixed distribution and storage system for calculating pensions . However, the country needs legislation in line with modern standards, taking into account the establishment of private pension funds. - 17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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