The Central Bank of Azerbaijan (CBA) will select a company to audit the annual financial statements in accordance with the International Standards IFRS.
According to the information of the main regulator of financial flows, the winner will be announced on the results of the tender, and its responsibilities will include the conclusion of the 2016-18 period.
Participation in the procedure will cost the applicant 200 manats, and he should have financial solvency and experience of international activities.
Acceptance of the tender offers is carried out before 11 April, while the winner will be announced the next day.
The delivery time within the audit is 60 days from the date of conclusion of the contract. --17D-
Economics
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Azerbaijan's Cabinet of Ministers has approved amendments to the list of strategically important goods in the country's consumer market, as outlined in Decision No. 136 dated April 27, 2023. The update aligns with the implementation of the Law on State Reserves and a corresponding presidential decree, the government announced on Thursday.
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Representatives of Azerbaijani and Latvian business circles convened in Baku for the "Azerbaijan-Latvia Information and Networking Meeting," marking a significant step in bolstering economic cooperation between the two countries. Latvian Ambassador to Azerbaijan, Edgars Skuja, underscored the event’s mission to connect entrepreneurs from both nations, aiming to enhance collaboration across multiple sectors.
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The President of Azerbaijan approved the amendments on November 7, which were made to the “Law of the Republic of Azerbaijan on Credit Bureaus” by the Milli Majlis. The text of the amended law was published on November 28.
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The European Bank for Reconstruction and Development (EBRD) has released its Transition Report 2024-25 for Azerbaijan, urging the country to take bold steps to improve economic governance and foster private sector development. The report outlines key priorities for Azerbaijan’s economic trajectory and highlights challenges stemming from its reliance on volatile energy markets.
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