Government agencies have to be accountable to civil society
Today at ISR Plasa the presentation of results of monitoring the implementation of recommendations of the governmental structures of civil society.
The event was organized by the Public Association "Transparency Azerbaijan" with the financial support of the American Institute for International Development (USAID). Accountable to the public representatives of the Ministry of Labor and Social Welfare, the State Property Committee , the Office of Registration and Notary Department of Justice , as well as of Bakielektrikshebeke.
According to the executive director of the organization "Transparency Azerbaijan" Rena Safaraliyeva project "Partnership for Transparency Azerbaijan" lasts four years provides support government initiatives in the framework of commitments to international organizations. The main goal - to increase the institutional capacity of civil society , increasing transparency to reduce corruption component .
Unfortunately, not all government agencies are open to non-governmental organizations. As a result of the centralization of the executive functions of the ministries "hotlines" and financing innovation projects lose their effectiveness, the monopolization of public services leads to higher and higher tariffs.
Preliminary document was adopted recommending the improvement of the legislative framework, the focus on institutional shortcomings, the expansion and efficiency of electronic services, as well as ensuring transparency and accountability of government agencies. - 17D-
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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