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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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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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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