The Chamber of Accounts of Azerbaijan (CAA) cost the state budget 3 million 249 thousand 962 manat last year, says the official information from CAA.
CAA not only abided in the estimate (3 million 634.16 thousand manat), but also saved 10.57% on several positions. The main volume of funds in the reporting year was directed to pay the salaries of staff members (1 million 558.44 thousand. Manat or 47.9% of total expenditures). The salary is also linked to a number of other items of expenditure - payments of other types of wages were 479,340 manat, travel expenses abroad - 65.37 thousand manat and travel expenses within the country - 88.01 thousand manat.
In addition, contributions to the State Social Protection Fund for 2014 amounted to 457.24 thousand manat, and expenses for the purchase of vehicles were 200 thousand manat. --17D-
Economics
-
Fitch Ratings has upgraded Azerbaijan’s long-term foreign currency issuer default rating (IDR) from “BB+” to “BBB-,” signifying an investment-grade status with a stable outlook. Despite this positive move, the agency highlighted several economic hurdles that could impact the country's progress.
-
The number of overnight stays in hotels and hotel facilities in Azerbaijan surged by 35.8% in the first half of 2024 compared to the same period in 2023, reaching 1.851 million, according to the State Statistics Committee of Azerbaijan.
-
Azerbaijan will unveil a unified electronic portal for real estate early next year, according to Nigar Alimova, Chairman of the Board of the State Cadastre and Real Estate Register at the State Property Service of the Ministry of Economy.
-
AzerGold CJSC’s sorption leaching plant, located at the Chovdar Integrated Regional Processing Site (CHIRUP) in Dashkesan district, has commenced full-scale operations, the Ministry of Economy announced.
Leave a review