The Chamber of Audit of Azerbaijan will fight against corruption in cooperation with the Ministry of Taxes.
As journalists were told yesterday by its chairman Mr. Novruzov, the partnership will be in the framework of the joint activities of the "National Action Plan to combat corruption for 2012-2015."
Alone, it cannot cope with the law violators. The concept is the development of audit services, which is intended to increase powers of the Chamber, is being prepared. Today auditors have measures of administrative influence - February 11, 2011, amendments were made to the Administrative Code, under which the penalties for evasion of statutory audit for officials is from 300 to 600 manats, and for legal entities it varies from 1.5 thousand to 2.5 thousand manats.
The Chamber and the Ministry of Taxes have cooperated since 2004, in the course of action within the mentioned "National Plan". This cooperation is entering a new phase, Novruzov said. - 17D-
Economics
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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.
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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.
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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.
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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.
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