The Accounting Chamber of Azerbaijan (ACA) at the meeting of October 30 this year approved a bill on the state budget and the budget of Azerbaijan State Social Insurance Fund for 2013. In a message to Parliament recommended approval of documents as the basis of law.
In addition, the meeting discussed and approved the results of the audit of public funds for the construction of the road between the villages Poylu-Hata-Yenigyun-Asagi Goychay in the Agstafa district, overhaul in Kindergarten No.6 in Barda, and other objects. In addition, the approved audit of public funds spent by the ministries of culture and tourism, health, education, the Ministry of Finance.
Accounting Chamber of Azerbaijan, is generally limited to general statements about the board meeting, without giving specific numbers and data. According to Article 6.0.3 of the Law of Azerbaijan "On receipt of information" ("The basic principles of information"), the disclosure of information on budget revenues and expenditures is the responsibility of government agencies, including the Chamber. - 17D-
Economics
-
Azerbaijani President Ilham Aliyev issued a decree on Thursday introducing amendments to several previous presidential orders concerning state administration and reconstruction services in the country’s liberated territories. These changes aim to enhance operational efficiency and clarify responsibilities for the management and restoration of these regions.
-
The Ministry of Energy of Azerbaijan has begun preparations for the upcoming 11th meeting of the Southern Gas Corridor (SGC) Advisory Council and the third ministerial meeting of the Green Energy Council in Baku.
-
The Cabinet of Ministers of Azerbaijan has approved a detailed list of services to be provided by the country’s Export and Investment Promotion Agency (AZPROMO), aiming to enhance support for exporters and investors in 2025. The decision was formalized under Resolution No. 11, issued on January 22, 2025.
-
Taleh Kazimov, Chairman of the Central Bank of Azerbaijan (CBA), met with Anna Bordon, head of the International Monetary Fund (IMF) mission for Azerbaijan, the Middle East, and Central Asia, on January 23 to discuss the country’s key economic priorities. The meeting emphasized a shared commitment to addressing macroeconomic challenges, implementing sound monetary policy reforms, and ensuring financial sector stability in the medium term.
Leave a review