Reduced Subsidies for Compulsory Insurance of Cars and Property of Government Agencies and Property of Needy Families
While this year the Ministry of Finance allocated 20 million manats for compulsory insurance of cars and property of government agencies, as well as the property of low-income families, next year this figure should be 2 million AZN.
As 80% of the allocated funds have already been spent, the reduction in the financial support for compensation is inexplicable. The reason can be the cut in the expenditure side of the state budget.
Recall that last year the state budget allocated 7 million 714.6 thousand manats for this purpose, and the sum was fully spent. This year 19.7 million AZN is to be used. --17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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