Parliamentary report of the Accounting Chamber
At the Board meeting of April 1, the Accounting Chamber of Azerbaijan adopted the report on its own activities in the past year and recommended it for discussion at the next session of Parliament.
According to the official information, the Chamber also identified testing the production association Azerigas of SOCAR and JSC Aztelecom. In addition, the audit plan was approved by the labor inspectorate in the Nakhchivan Autonomous Republic, in the department of culture and tourism in the central hospital in the Barda region, as well as the local branch of the State Social Protection Foundation in the Beylagan district, the purpose of which is the analysis and prediction of the target and the use of budget extra-budgetary funds allocated for the maintenance of the institute.
The Accounting Chamber of Azerbaijan is accountable to the country's parliament and has been effective since December 7, 2001 as the authority controlling budget spending in Azerbaijan.
Senior officials (members of the Board, which consists of the chairman, his deputy and seven auditors) are elected every seven years.
The Accounting Chamber of Azerbaijan, as a rule, is limited to general statements about the board meeting, without giving specific figures and data. According to Article 6.0.3 of the national law "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
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review