Association of Insurers of Azerbaijan Plans to Change Principles of Payment of Membership Fees
Finance
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From 2025, the minimum wage in Azerbaijan will be AZN 400, and the minimum pension - 280.
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In January-October 2024, receipts on contributions to compulsory medical insurance in Azerbaijan totalled AZN 829.4 million.This was reported by the State Tax Service under the Ministry of Economy.
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Placement of interest-bearing, unsecured, undocumented, registered bonds of non-banking credit organisation ‘International’ (IOC) with code AZ2017021026 / Az2019021024 / Az2016021027 ISIN ,nominal value of AZN 750,б00 and 24-month circulation term, is held today at ‘Baku Stock Exchange’ (BSE). This is reported by the BSE.
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In January-September 2024 Azerbaijan paid out AZN 998,846 under ‘Green Card’ international insurance system. This was reported by the 'Mandatory Insurance Bureau' (MIB).
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