At the meeting of the Accounting Chamber of Azerbaijan on May 15, it decided to check out the intended use of state capital investments allocated Hajigabul region Executive Power
As stated in the official report of the chief fiscal body of the country, the Chamber will also conduct audits targeted use of public funds allocated to the Office of Education and the Office of Culture and Tourism of the city of Sumgait.
Recall that ACA last year arranged 75 targeted audits in the country, in all cases to find the composition of financial crimes. The outcome of the raids was sent to the Prosecutor General and to the Parliament.-
Accounting Chamber of Azerbaijan, as a rule, is limited to generalities about the board meeting, without giving specific figures and data. According to Article 6.0.3 of the Law of the Republic of Azerbaijan "On receiving information" ("Basic Principles of obtaining information"), the disclosure of budget revenues and expenditures is the responsibility of government agencies, including the Chamber of Accounts.-17D-
Economics
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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Azerbaijan’s parliament has approved a law establishing minimum living standards for 2025, with specific allocations for various demographic groups. The legislation, signed by President Ilham Aliyev on December 16, will come into force on January 1, 2025. The presidential decree was published on December 27.
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The President of Azerbaijan issued a decree on December 27, 2024, to implement the "2025 State Budget Law" aimed at streamlining the allocation and execution of government expenditures. The legislation, codified under law number 93-VIIQ, outlines detailed budget appropriations across various sectors, reflecting strategic priorities in defense, education, healthcare, and infrastructure.
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