'CPM-Invest’ investment company's top manager replaced
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- Social
- 29 November 2024 14:10
Finance
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In 2025, about $10 billion will be allocated from the state budget of Azerbaijan for social expenditures, which is up by 2.5 times from the expenses of the joint socially oriented budget of Georgia and Armenia and up by 67% from the expenses of the general budget of Armenia.
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The State Fund for Social Protection (SFSP) under the Ministry of Labor and Social Security allocates free funds only for state securities - bonds of the Ministry of Finance and notes of the Central Bank of Azerbaijan.
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'Atasığorta' company has won the open tender of the Central Bank of Azerbaijan for voluntary insurance of vehicles (CASCO).This is reported on the unified internet portal of public procurement.
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As of the end of October 2024, Azerbaijani banks had a loan portfolio worth AZN 25,515.8 million. This is stated in the banking review published by the Central Bank of Azerbaijan.
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