The State Oil Fund of Azerbaijan (SOFAR) has determined the auditor of financial activity in 2013-2015.
As stated in the Fund, the private information was entrusted to the president of the country (according to the Regulations on the activities, he is the manager) by one of the largest specialized companies Price Waterhouse Coopers.
The Foundation informs readers that "the said company is selected based on a survey of proposals conducted by SOFAR. After evaluating the proposals submitted by the major international accounting firms operating in Azerbaijan, it was declared that the most acceptable offer was submitted by Price Waterhouse Coopers, and it was declared the winner."
Recall that in the last 3 years audit of the fund was entrusted to Ernst & Young Holdings (CIS) BV - 17D-
Economics
-
Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
-
Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
-
Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
-
The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
Leave a review