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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Azerbaijan has introduced new rules to simplify the leasing of agricultural land on liberated territories, aiming to attract investments and enhance agricultural productivity, according to a presidential decree issued on November 27, 2024.
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The Asian Development Bank (ADB) allocated $10.5 million to support the retail sector in Azerbaijan, marking another step in its ongoing support for the country’s economic modernization. These investments align with Azerbaijan's broader ambitions to diversify its economy and strengthen small and medium-sized enterprises (SMEs), which are key pillars of sustainable growth.
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At today’s session of the Milli Majlis, Azerbaijan’s parliamentarians discussed and approved in the first reading a draft law increasing the minimum subsistence level for 2025. The updated figures reflect a modest rise of 10 manats, setting the nationwide living wage at 285 manats. For specific demographics, the levels are 305 manats for the working population, 232 manats for pensioners, and 246 manats for children. The same session also approved the criterion of need at 285 manats for the coming year, aligning it with the national living wage.
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This year, the plans of the Australian holding Fortescue Future Industries (FFI) for developing "green" projects in Azerbaijan have been adjusted, though negotiations initiated two years ago are ongoing, an informed source told Turan.
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