BAKU/05.12.13/Turan : The Accounting Chamber AR (ACA) December 3 meeting discussed the audit program expenditure of government funds allocated to the Executive Power in the Khizi District and the State Committee for Work with Diaspora .
In addition, the legality of expenditure considered representative of the State Land Fund in Agstafa and Astara regions . Materials wsill be sent to parliament for action.
Audit plans approved municipal services IW Absheron district , in the Republican Psychiatric Hospital № 1 , in the center of Hygiene and Epidemiology of the Ministry of Health Republic of Azerbaijan, as well as in Sheki branch of agricultural services in Sheki regional logistics base of " Agroleasing" Department of Agriculture .
Accounting Chamber of Azerbaijan , the country's parliament accountable , effective December 7, 2001 as the authority controlling budget spending AP.
Senior officials (members of the Board , which consists of the chairman , his deputy and seven auditors) are elected every seven years.
Accounting Chamber of Azerbaijan , as a rule, limited to general statements about the board meeting , without giving specific figures and data. According to Article 6.0.3 of the Law of the Republic of Azerbaijan " On receiving information " (" Basic Principles of information " ) , the disclosure of budget revenues and expenditures is the responsibility of government agencies , including the Chamber of Accounts . - 17D-
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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