In Amsterdam, an international conference is carried out, dedicated to the 10-year anniversary of the International Coalition to Report on Payment. The forum is attended by about 200 representatives of civil society from 50 countries, including Azerbaijan.
A member of the delegation, the representative of the Coalition "Improving Transparency in Extractive Industries" Gubad Ibadoglu told Turan today that the conference adopted a strategy of the Coalition to Report on Payment until 2020.
One of the themes is Improved Reporting Initiative, the Extractive Industries Transparency (EITI) and access to information in the field. According to Ibadoglu, speaking at the conference, the Head of the EITI Secretariat, Jonas said that henceforth the countries - members of the Initiative will face the requirement to disclose the personal records on companies.
The conference welcomed the European Parliament resolution "On the increase of transparency in resource-rich countries." According to this resolution, governments contracting with private companies to the tune of over 80 thousand euros must disclose the information.
The Azerbaijani delegation spoke about the Azerbaijani experience in the field of transparency in extractive industry. - 08D-
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review