Budget Thieves Not Found in Nakhichevan Autonomous Republic
The Court of Auditors (CA) of the Azerbaijan Republic issued a report on the activities of its Office in the Nakhchivan Autonomous Republic, according to which the theft of public funds is not revealed in this autonomy.
The report notes that the audit of the activities was carried out in 11 organizations from several hundred state-run organizations active in the autonomy. The inspections covered the Ministry of Agriculture, the Ministry of Culture and Tourism, the Ministry of Labor and Social Protection of Population, the Ministry of Ecology and Natural Resources, the Department of the National Academy of Sciences, etc.
According to the CA, during inspections in three organizations overpayments of wages totaling AZN 679 to 4 people were identified, as well as traveling fees totaling 208 AZN for 5 employees in 2 entities.
In 2015, the state budget expenses of Nakhchivan AR amounted to 297.7 million manat. In addition, the autonomy receives government investment of several hundred million manat from the state budget of Azerbaijan. The CA Office in NAR does not report on inspections in the construction and investment activity of the government in 2015.
Capital expenditures of the state budget are spent primarily through holding companies belonging or related to the family or environment of the head of the Supreme Mejlis of the Nakhchivan Autonomous Republic Vasif Talibov. ----08D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review