A new methodology for security system will be implemented at the Central Bank of Azerbaijan (CBA).
As CBA stated, the technology must conform to ISO 27001:2013. The system should also provide stability in emergency situations and disaster recovery plans.
For this purpose, a tender was announced, in which companies with experience of such systems in banks and large financial institutions can take part. The applicants must have experience in implementation of at least two similar projects in the past five years.
Under the terms of the tender, the methodology should be ready within 150 calendar days from the date of conclusion of the contract with the winner. Stamp duty for participation in the tender is 150 manat.
Call for tenders on the tender until August 8, tender evaluation - August 11. - 17D-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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