Checks by the Chamber of Accounts
The coming check by the Accounts Chamber of Azerbaijan (ACA) will regard the expenditure of targeted funds allocated by the government to JSC Azerkosmos.
According to the report of the main fiscal supervisor, the auditors will also review the direction of attracting credits and extrabudgetary funds, the return of loans, as well as the intended use of state property. Checking the space agency established in 2010 was initiated by the ACA for the first time.
In addition, designated is a check of the Agstafa region executive power and the enterprises, offices and organizations owned by the Executive Power of Sheki for targeted use of budget funds allocated for housing. Moreover, scheduled is an inspection of public health services that are subordinate to the Department of Health of Sumgayit for forecasting and the use of funds allocated to them from the state budget .-- 17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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