During quarter 1, 2014 State Oil Company of Azerbaijan (SOCAR) paid 523,106,000 AZN to the state budget (385,992,000 AZN during quarter 1, 2013), up 137,114,000 AZN or by 35.5% against the same period last year, reads information posted on SOCAR’s web site.
From January to March 2014 SOCAR has also paid 37,038,000 AZN to the State Social Security Fund (36,989,000 AZN), up 49,000 AZN or 0.1% against the same period last year.—0—
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review