![Gubad Ibadoglu: The relocation of Ministers and the Sum of their Efforts will not Change](https://turan.az/resized/750/500/resize/media/2013/main/102300054637.jpg)
Gubad Ibadoglu: The relocation of Ministers and the Sum of their Efforts will not Change
By the order of the President, the Ministry of Economic Development has become the Ministry of Industry and Economics. The functions of the Ministry headed by Natig Aliyev were limited to the regulation of the energy sector.
According to the expert Vugar Bayramov, this is due to the restructuring aimed at growth of the non-oil sector. "Diversification of the economy, according to the country's leadership, will lead to the fact that the share of oil production will be reduced, as the real sector in the years 2018-20 will be increased to 72-75 %. Forthcoming Regulation on the activities of the Ministry of Industry and economy is a clear testimony," he said.
Doctor of Economic Sciences Gubad Ibadoglu does not expect major changes. He believes that "usurpation" by the MED of functions of the previously existing trade bodies and the fight against monopolies has only led to cosmetic changes.
"If you see the list of appointed ministers, you will see the fruits of clans fighting for control of different areas. The Minister of Energy already was an officer with nominal functions and now without industry regulator he remains as if without portfolio. I did not see elements of modernization in the head of state order - the reversal of the Ministers will not change the sum of their efforts," concluded the scientist. - 17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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