Azerbaijan in the annual ranking (http://transparency.az/korrupsiya-qavrama-indeksi-2014) Transparency International «Corruption Perceptions Index" ranked 126 out of 175 participants, scored 29 points. Last year, it was on 127 place among 177 participants, which means two steps back.
The study is carried out in the 20 th time and reflects the degree of corruption in the public sector on a scale from 0 (the highest level of perceived corruption) to 100 (lowest). So that the rate of Azerbaijan - far below average. Its neighbors with the same number of points became Togo, Gambia and Honduras.
The first three places in the ranking occupied Denmark (92 points), New Zealand (91) and Finland (89). In the last place is opaque North Korea and Somalia (both 8 points).
Among the countries of the former Soviet Union, Georgia scored the highest score (52), the smallest - Turkmenistan (17 points). Our neighbors from Armenia got 37 points (better than us), Russia - 27 points (worse). Moldova received 35, Belarus - 31, Kazakhstan - 29, Ukraine - 26, Tajikistan - 23, Uzbekistan - 18.
According to the founder of the Center for Economic Research Gubad Ibadoglu, the lack of progress the country's position in the "Corruption Perceptions Index" reflects the negative trends with corruption component. "Recently conducted surveys show that almost 85% of the local population believes that it is corruption - impediment to development. This is most clearly in sight during a flood in 2010, when the government allocated and on paper has mastered over half a billion manats (about $ 1 billion.), After which the active layers of the residents of Sabirabad, Salyan, Neftchala and Saatli using the Staff of civil society "Kura" initiated a series of lawsuits against the Ministry of Emergency Situations and local executive authorities, "- he said.
Over 80% of respondents are in favor of local surveys ratification of Article 20 of the UN Convention on the fight against corruption "illegal enrichment", which provides for the introduction of criminal penalties, if the official could not explain the origin of the money spent on the purchase of their property. --17D-
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- Photo sessions
- 3 December 2014 12:04
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- 3 December 2014 12:38
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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