At the meeting of the Accounting Chamber
The Accounting Chamber of AR meeting on January 8 discussed the expenditures of government funds allocated to the Azerbaijan State Oil Academy and the Institute of Genetic Reserves of the National Academy of Sciences.
They approved the results of audit materials of the depot in Baku city ambulance, in the department of housing and communal services of the Baku City Executive Power.
Taking the views and suggestions into account, they approved the work plan for the Chamber of Accounts for 2014.
Accounting Chamber of Azerbaijan, accountable to the country's parliament, has been effective since December 7, 2001 as the authority controlling budget spending in AR.
Senior officials (members of the Board, which consists of the chairman, his deputy and seven auditors) are elected every seven years.
Accounting Chamber of Azerbaijan, as a rule, is limited to general statements 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 information"), the disclosure of budget revenues and expenditures is the responsibility of government agencies, including the Chamber of Accounts. - 17D-
Economics
-
Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
Leave a review