MPs hiking insurance allowances

Tuesday's meeting of the Milli Mejlis centered on the draft law "On ecological insurance", which lays out rights and responsibilities of enterprises insured against potential danger.

Reporting on the bill, MP Elton Mammadov said the draft is of vital importance to creating an insurance market in the country. MPs passed the bill in the first hearing with minor amendments, which include an increase of insurance amount from AZM55 million to AZM800 million.*