Azerbaijan Deposit Insurance Fund (ADIF) on 27-28 August holds the fifth annual conference and seminar of the Eurasian Regional Committee for the International Association of Deposit Insurers (IADI) in Baku.
According to the ADIF report, the event will be held at the Jumeirah Bilgah Beach, Bilgah Ballroom in Hall 1.
The Fund has operated from August 2007. Its members include 42 of the 43 banks operating in the country. The total volume of its insurance reserves now stands at 48 million manat. The maximum amount of insurance compensation per deposit is 30,000 manat. Since June 1, 2010, the Fund has not insured deposits, the interest rates of which exceeded 12%. -15D -
Economics
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Russia could partially reroute its natural gas supplies to European countries through Turkey and Bulgaria, bypassing Ukraine, using the "Balkan Stream" and the Trans-Balkan Pipeline, according to Alexei Belogoryev, Director of Research at the Institute of Energy and Finance.
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Representatives of Azerbaijan's Land Transport Agency (AYNA) and the State Customs Committee visited the Julfa and Poldasht border checkpoints to address challenges in cargo transport and enhance border efficiency with Iran.
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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