The Central Bank of Azerbaijan has announced a tender for medical insurance of its employees in 2016. The tender will take place on October 8 at 16:00 in the building of the Central Bank at Rashid Behbudov Street, 32.
Insurance companies applying for participation in the tender should submit proposals and bank guarantees till 18:00 on October 7. Other required documents shall be submitted to the Central Bank no later than September 29, sealed, signed and put in a double envelope.
Documents submitted after the deadline for the tender will be rejected. Participation in the tender is 150 manats.
Earlier, voluntary medical insurance of about 600 employees of the Central Bank was arranged by the company Azsigorta. In 2013, the winner of the tender was the company Pasha Sigorta. –0-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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