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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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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