The Municipality in the Badamdar settlement of Baku city became the first in Azerbaijan, which for the first time since the beginning of the formation in 1999, the country's Institute of Local Self-Government held a tender for the procurement of goods (works and services).
According to the State Procurement Agency, the company Delaney was the winner of the tender for the implementation of repair work on the plot in front of the house at 1 lane Oilers Avenue, 2. The cost of works is estimated in the amount of 49,960 manat. The minimum size for the tender is 50,000 manat.
In 2009, Azerbaijan was held reforming municipalities , bringing their number decreased from 2,757 to 1,718 .
In 2012, total revenue budgets of municipalities in Azerbaijan amounted to AZN 35,860,500 . This represents only 0.2 % of the revenues of the state budget for the same period . Half of the revenues to the budgets of local governments went on the content of their executive office . Independent experts say that the state is not interested in the development of the role of local government in the system of government and by all means limit their activity. - 08B-
Economics
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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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The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
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