The cost estimate of the Accounting Chamber of Azerbaijan for 2016 as a whole was 3 million 781.889 thousand manat.
Wages of the Chamber’s staff amounted to 1 million 975. 671 thousand manat and the wages of freelancers were 43 thousand 470 manat.
Other payments for services made 582,435 manat.
Payments to the Social Protection Fund amounted to 572,347 manat.
In 2016, the Accounting Chamber spent on business trips 184,500 manat, of which travel within the country was spent AZN 117,000, and trips abroad were spent 67,500 manat.
The supply of gas, electricity and water cost the Chamber 24,900 manat.
In general, the Accounting Chamber realized its estimated costs at 87.9%. ----71D
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review