Report by Chamber of Auditors
The Chamber of Auditors of Azerbaijan (CAA) reported on last year's activities.
According to the financial statements published by CAA, by January 1, 2014 the current assets amounted to 389,160 manat (+ 32.6% per year), long-term - 65,610 manat (minus 16%). Total assets are 454 770 manat.
The obligations by the beginning of 2014 were 44,090 manat (growth 294.1 times). The capital of the Chamber is 410,670 manat (+10.6%). The total operating income is 569,820 manat (minus 5.5%) with an increase in operating expenses by 2.5% - up to 530,740 manat.
The Chamber of Auditors of Azerbaijan has been valid from April 4, 1996. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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