The State Social Protection Fund (SSPF) concluded with JSC Capital Bank a service contract on the payment of pensions through ATMs on a three-year term.
According to the State Procurement Agency, the organization of pension payments will cost the SSPF 3,010,500 manat. The last time the tender for the supply of these services was held in 2012. Then the tender was held in various towns and districts, and the amount of the contract was 3,830,800 manat. This year, JSC Capital Bank valued its services by 21.5% lower.
JSC Capital Bank serves seniors in 17 cities and districts (Neftchala, Saatli, Salyan, Tovuz, Yevlakh, Lankaran, Khachmaz, Absheron, Agdjabedi, Astara, Bilasuvar, Beylagan, Jalilabad, Guba, Imishli, Goranboy and Masalli). The bank has 482 ATMs. --08D—
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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