The first half of the year is nearing the end, but so far the public has no idea about the nature of the majority of projects funded by the NGO Support Council under the President of the country. The impressive list of 217 organizations (http://www.cssn.gov.az/xeberler/20140210062751306.html) that received grants on various topics is not an indicator of solidity of the work done. About 2 million manats has been spent from the budget, but the result is not clear.
The Ministry of Finance needs financial statements, but it does not care about quality. According to Article 247-1 of the Code of Administrative Offences (violation of laws, regulations and reporting and accounting information), violation of accounting rules established by law is punishable by a fine on officials in the amount of 300 to 400 manats, while for legal entities it is 1500 to 2000 manats.
However, the public (taxpayers) needs a specific result. According to international practice and procedure, non-governmental organizations are accountable not only to donors or the government, but also to beneficiaries, target groups and stakeholders including citizens - it is for them that the projects are operated.
Recently the Council of State Support to NGOs stated that some organizations will no longer be allowed to participate in competitions because of weak accountability. This caused discontent with non-governmental organizations "permanent resident" of the Council.
Now a new list has been published (http://www.cssn.gov.az/xeberler/20140526110652955.html), so you can find the number of matches and the level of implementation. -17D-
Economics
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On September 20, 2024, Volts Energy Ltd., an engineering company based in Abu Dhabi, and Azerbaijan’s Turan Energy LLC announced the creation of a new joint entity, TuranVoltsEnergy. This venture will focus on EPC (Engineering, Procurement, and Construction) projects in renewable energy and energy storage systems within Azerbaijan.
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The number of passengers traveling by air from Azerbaijan has seen a significant increase in 2024, rising by 26.7% from January to September compared to the same period last year. According to the State Agency for Tourism, a total of 2,548,897 people used air transport services to travel to 40 countries during this period.
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Azerbaijan’s prolonged border closures, approaching five years, have taken a profound toll on the labor market, particularly in border regions, where cross-border trade and services were once critical economic drivers. Official data highlights the stark disparity between the growing labor force and the lack of new job creation in these areas, underscoring the social and economic challenges faced by residents.
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Azerbaijan’s food imports have surged to unprecedented levels, with a significant rise recorded in the first nine months of 2024, according to data from the State Customs Committee. Food imports for January-September reached USD 1.755 billion, marking an 11.4% increase over the same period last year. This represents a USD 179.7 million increase compared to 2023, setting a record for food imports in the country’s history. Over the past decade, food imports have more than doubled, rising by 2.4 times, with a notable 52.5% growth in the last five years alone.
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