The company Central Audit has become a consultant to the State Committee for Property Affairs (SPC) to prepare proposals on Financial Rehabilitation in the opened the privatization of state enterprises. It is reported by the State Procurement Agency (SPA).
The tender results were made public on the website of SPA. SPC repeatedly conducted similar contests , but never informed the public about those businesses that need financial recovery . In its annual and quarterly reports, committee does not provide information about businesses that have improved their condition prior to the privatization.
Information about Central Audit is also poor. What is known is that it did not pay the membership fee of the Audit Chamber of Azerbaijan for 2012 .
The state budget annually allocates several million manat to control losses associated with the activities of state-owned enterprises and their financial recovery. Just this year, for this purpose 10 million manta was provided. How SPC manages these means is unknown. - 08B-
Economics
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As Azerbaijan gears up to host the 29th UN Climate Change Conference of the Parties (COP29), the State Migration Service (SMS), in partnership with the COP29 Organizing Committee and COP29 Azerbaijan operating company, has implemented measures to simplify migration registration, enhance information dissemination, and expedite issue resolution for incoming delegates. Ulvi Aliyev, a representative from the SMS, highlighted these efforts during a briefing at Heydar Aliyev International Airport as part of a media tour organized to showcase Azerbaijan's preparations for the event.
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Baku - The Government of Azerbaijan, in collaboration with relevant agencies, continues to explore carbon pricing scenarios as part of its commitment to sustainable development and climate action. This was announced by Samira Musayeva, Deputy Chairman of the State Tax Service, during the 5th Dialogue on Sustainable Development Goals in Baku, themed "Voices of the Future: Coordination of Climate Action and Global Goals."
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Azerbaijan's Information and Communication Technologies Agency (ICTA), the country's regulatory body for telecommunications and postal services, conducted a regular training session under the “Competition Safeguards” project, supported by the European Bank for Reconstruction and Development (EBRD), the agency reported on Tuesday.
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The United Nations has supported Azerbaijan's COP29 presidency in its efforts to prepare for the largest climate conference of the year, UN Resident Coordinator in Azerbaijan Vladanka Andreyeva said on Tuesday at ADA University. The statement was part of a Sustainable Development Goals dialogue titled “Echoes of the Future: Climate Action and Coordination of Efforts Toward Global Goals,” co-organized by Azerbaijan’s Ministry of Economy and the UN office in the country.
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