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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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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