Who needs insurance supervision service?
State Insurance Supervision Service exposed on site its service feedback. Judging by its application, you should simply dial the telephone number of the Ministry of Finance ( 012) 404 46 99 and the extensions listed in the table below. It is urged to consult with letters and suggestions to the address: street, Baku Mammedguluzadeh Jalil, 71 , or by email : sigorta@sigorta.maliyye.gov.az.
№ | Subject | Supervision body | Internal phone |
1. | Letters | Finance and economy sector | 232,260 |
2. | Complaints | Complaints, calls and licensing department | 242,252 |
3. | Legislation | Complaints, calls and licensing department | 242, 254 |
4. | Reports | Insurance control department | 328,385 |
5. | Field control | Insurance control department | 358 |
6. | Attestation and licensing | Complaints, calls and licensing department | 242, 254,250 |
In this story there is an interesting nuance. Regardless of which phone or employee Turan appealed, the response sent us to the head of the press service of the Ministry of Finance, Mais Piriyev. Then what is this service for? Just a telephone would be enough. - 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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