In November 2013 the insurance companies that are members of the Bureau of Compulsory Insurance concluded 80,795 contracts of insurance of civil liability of vehicle owners to third parties (CTP). This is 9.2% more than in December 1 last year - the website of the Bureau.
Of the total number of contracts 19,200 were signed by transit vehicles registered abroad with valid agreements from 1 month to 1 year.
Total members of the Bureau in March got more than 6.3 million manat for insurance (+4.5 % per year).
From January to December, the Bureau concluded compulsory insurance in the aggregate 856,300 contracts worth 65.4 million manat. In November, the average fee for CTP was 78.6 manats. - 17D-
Economics
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Rashad Huseynov has been appointed as the new director of the Center for Agricultural Research under the Ministry of Agriculture, replacing Firdousi Fikretzade who led the center since 2019. Fikretzade stepped down from his position on June 10 at his own request.
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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