According to the results of last month, compulsory CTP insurance attracted 106,218 vehicles, said the information on the website of the Bureau of Compulsory Insurance (BCI). Basically, it regards local cars and only 13.47% (14,310 units) are foreign vehicles transiting through the country.
Total premiums on this type of insurance from 1 to 30 April inclusive were at 7.9 million manat (+ 17% compared to April last year).
In the first quarter there were 198,866 CTP contracts (+ 29.6% compared to January-March last year). --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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