The Bureau of Compulsory Insurance (BCI) informs that in June (http://isb.az/iyun-ayinda-dasinmaz-emlakin-icbari-sigortasi-uzre-11-639-muqavile-baglanilmisdir) within the framework of compulsory insurance of real estate 13 specialized companies signed 11,639 contracts (minus 14% to June of last year) in the amount of 4.2 million AZN (minus 17%).
Most of the policies (79.8%) were sold for homes and apartments, 19.8% - for non-residential premises, and 0.4% - for administrative buildings.
The civil liability of owners of real estate did not interest citizens at all - 310 contracts worth 22.68 thousand AZN were signed in June. On the insurance of passengers 28 contracts were signed for 7,190 AZN. --17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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