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Certification for Insurers
December 18 is the deadline for registration for those who wish to participate in the first professional certification examination for insurers. The exam will be held on December 20.
According to the report of the Association of professional accounting and risk (ARPA), the information contained on its website under the link: http://arpa.org.az/pss-sertifikasiyasi. Earlier, the head of the Association of Insurers of Azerbaijan (AIA) Orkhan Bayramov reported conducting special trainings conducted in their training center, in which 31 people participated.
Volunteer training sessions were conducted for two groups of standards CII (Charted Insurance Institute) and in three modules: principles, practices and legal aspects. The cost of participation in training is 280 manat and in the exam - 40 manat. ---17D-
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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