Certification of insurers by the Ministry of Finance (started today, 8 November) has allowed six candidates for leadership positions.
The State Insurance Supervision Service has arranged changes - they do not indicate the names of the insurance companies or the position claimed by future leaders. Here is the list of the names. Thus, the claim to leadership positions comes from Shafaq Hatamova, Ahad Rasulov, Museib Aliyev, Fuad Guliyev, Javid Murvatov and Farhad Aslanov.
Successfully completing the certification shall be the candidate with the correct answer to 70 or more of the 100 questions asked. To be fully acquainted with the terms of the exams one should go to the link http://sigorta.maliyye.gov.az/?/az/news/view/403/.
The cost of participation in the certification for individuals is 200 manats, and for legal entities it is 1,000 AZN.
Certification of insurance has been held since 2009 in accordance with the requirements of the insurance laws. -17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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