The process of predicting the state budget for 2016, and the Accounting Chamber of Azerbaijan also joined it. According to the Chairman Vugar Gulmammadov, the structure led by him has its own vision of optimizing the basic law for the completion of "people's piggy bank." "All recommendations provide for effective and economical use of public funds. We offer optimization of public debt management and reduction of transfer to the state budget from the State Oil Fund," he said. According to the law, the draft law on state budget for 2016 is to be submitted to the Cabinet of Ministers to 15 September. The Ministry of Finance after the parliamentary elections in November will send a document for discussion by deputies. --17D-
Economics
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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Kuwait’s Crown Prince Sheikh Sabah Khaled Al Hamad Al Sabah affirmed the country’s commitment to environmental sustainability during a high-level meeting at the COP29 summit in Baku on Wednesday, emphasizing Kuwait’s adherence to international climate agreements, including the Kyoto Protocol and the Paris Agreement.
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