The third meeting of the Special Unit of the International Organization of Supreme Audit Institutions (INTOSAI) on the audit of public procurement will be held in Baku in 2016.
According to the report of the Accounting Chamber of Azerbaijan, it was announced in the second meeting in Moscow. Recall INTOSAI was established at the initiative of the Russian Audit Chamber and the Main Control Directorate of the US. Its activities are aimed at developing universal approaches and procedures for the audit of public procurement and are based on the potential of the SAIs that have best practices in this field.
The Special Unit aims to analyze the international experience and methodological basis of the organization and conduct of audit in the area of ??procurement, to develop standards of public procurement on the basis of the results of the international auditing, to work out handbooks on the audit of public procurement in specific sectors and areas, and to create an integrated training base. --17D-
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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