The least used segment of compulsory insurance is insurance of passengers. As of June 1, with the carriers there were signed 57 agreements in total premiums of AZN 42.28 thsd.
According to the Bureau of Compulsory Iinsurance, for all of last year on this type of insurance was concluded 363 contracts (93 thousand 427 manats premiums).
According to the Ministry of Transport (http://mintrans.az/?mod=inside&lang=az&menu=116), only in Baku are about 4 thousand buses of varying capacity. With an average daily plan of 100 manat (excluding regions), it is 12 million manats a month.
Passenger insurance is optional, but the Finance Ministry has not yet got a scheme to raise funds in this segment. Or, there are more important things to overcome, or rather transportation officials and monopolists do not let them do so. - 17D-
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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