Reshuffle has occurred in Pasha Sigorta JSC.
According to the report of the largest insurance company, as the First Deputy Chairman of the Board they appointed Ali Bayramov, and Tural Aliyev became a Deputy Head.
In addition, the Board includes Murad Suleymanov and Aygun Melikova, who will oversee the financial block and the technical issues, respectively.
JSC Pasha Sigorta with a registered capital of 50 million manats was established in July 2006. The Chairman of the Board of Directors is Mirjamal Pashayev and a member of the Board of Directors is Chairman of the BSE Fariz Azizov.The Chairman of the Board is Ulviyya Jabbarova. --17D-
Economics
-
The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
-
The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
-
In its latest Transition Report covering 2024–2025, the European Bank for Reconstruction and Development (EBRD) highly praised Azerbaijan's efforts in digital transformation and cybersecurity. The Bank noted that investments in digital networks have led to significant infrastructure improvements, including a one-third increase in internet speed over the past year.
-
Azerbaijan’s Finance Ministry reported on Thursday that the country’s public debt, including domestic and external obligations, amounted to AZN 26.201 billion ($15.4 billion) as of October 1, 2024, equivalent to 21.6% of GDP.
Leave a review