The meeting of the Accounting Chamber of Azerbaijan on 5 June approved test results of the targeted use of state capital investments allocated for Geological Survey of the Ministry of Ecology and Natural Resources. In addition, they announced the figures of the audit in the Executive Power of the Geychay and Zerdab areas. Materials of the checks were sent to the Parliament.
In addition, the Ministry of Health will be checked for disbursement under the implementation of the state program of socio-economic development of Baku and suburban settlements in 2011-2013. In the structure of the Baku Executive Power the Supreme State Audit was subjected to the housing and communal services for the activities of its operating management of urban roads, as well as structures subordinated to the Sabunchu district.
The Accounting Chamber of Azerbaijan, as a rule, is limited to reporting generalities about the board meeting, without giving specific figures and data. According to Article 6.0.3 of the Law of the Republic of Azerbaijan "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
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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BP, on behalf of its partners in the Azeri-Chirag-Gunashli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz, and South Caucasus Pipeline projects—including SOCAR, TPAO, LUKOIL, SGC, NICO, MOL, INPEX, ExxonMobil, ITOCHU, ONGC Videsh, Eni, MVM, and TotalEnergies—has announced the successful conclusion of the latest round of the "Skills for the Future" educational project, launched in 2023.
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BP-Azerbaijan, the operator of Azerbaijan's flagship Shah Deniz gas field, has unveiled plans for the construction of a new platform, marking a significant step forward in the development of the field. This project is effectively a third phase in the exploitation of one of the Caspian Sea's largest energy reserves.
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Azerbaijani President Ilham Aliyev issued a decree on Thursday introducing amendments to several previous presidential orders concerning state administration and reconstruction services in the country’s liberated territories. These changes aim to enhance operational efficiency and clarify responsibilities for the management and restoration of these regions.
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