The Accounting Chamber of Azerbaijan (SPA), on August 2 meeting discussed a plan for verifying the level of budget funds allocated to the intended use of the enterprises and organizations, on the balance of the Executive Power of Tartar region.
It was also reported on some of the nuances of the intended use of state capital investments allocated for the needs of executive power of the Zagatala, Shamkir and Gadabay areas. Some materials were sent to the Parliament.
In addition, the House approved a program of audit performance of funds allocated from the state budget for the maintenance of the Ministry of Youth and Sports.
Accounting Chamber of Azerbaijan, reporting to the parliament, in force since December 7, 2001, as the body that controls the flow budget AR.
Leading employees (members of the Board, which consists of a chairman, his deputy and seven auditors) are elected every 7 years.
The Accounting Chamber of Azerbaijan is usually limited to general statements about the board meeting, without giving specific figures and data. According to Article 6.0.3 of the Law of Azerbaijan "On receiving information" ("Basic principles of information"), the disclosure of information on budget revenues and expenditures is the responsibility of government agencies, including the Chamber of Accounts. - 17D-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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