The Financial Monitoring Service (FMS) under the CBA needs an experienced partner who provides services in the field of information technology.
For this purpose, a tender will be held. Under the terms, the winning company must improve the system of main accounting, as well as its software support, support the work of websayta, applications software and license renewals, to inspect the internal LAN.
The deadline for submission of bids - 15 July inclusive, the procedure is the announcement of the winner - on July 17. Size of the participation fee is 150 manats with no refund.
Financial Monitoring Service under the CBA established February 23, 2009 as a central body to combat the financing of terrorism and money laundering "dirty money." Its functions include collecting specific financial information, analysis and administration of the relevant authorities. She is the owner of a common information base, regulatory control and controller, as well as the national coordinator of anti-dirty money in the international arena. - 17D-
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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