In the Financial Monitoring Service ( FMS ) under the Central Bank of Azerbaijan in December 2012 they received 41,100 information items on suspicious and current transactions, which is 22 % more than the previous month.
According to the service, during the past year they received 352,596 calls. Compared to January-December 2012 the figure rose by 92.73 thousand units , or 35.7 percent.
Financial Monitoring Service operates since 2009 and is the body which carries out government policy in the field of combating money laundering and terrorist financing. - 15B -
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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