The Chamber of Accounts, among other things, will examine the embassy in China
At a meeting on July 11, the Accounting Chamber of Azerbaijan (SPA), discussed a plan for verifying the level of budget funds allocated to the intended use of housing and municipal departments, enterprises and organizations, on the balance of executive power of Shabran region.
It is also planned to analyze the targeted use of state capital investments allocated for the needs of the Executive Power of Gazakh and "Azerbaijan Railways".
In addition, the Chamber approved a program of audit performance of funds allocated from the state budget for the maintenance of the Azerbaijani embassy in China, and the calculation and payment of state duty.
Accounting Chamber of Azerbaijan, accountable to the parliament, has been in force since December 7, 2001, as the body that controls the use of budget funds of Azerbaijan.
Leading employees (members of the Board, which consists of a chairman, his deputy and seven auditors) are elected every seven years.
Accounting Chamber of Azerbaijan, is usually limited to general statements about the board meeting, without giving specific figures and data. According to the 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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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Ermənistan- ABŞ, Rusiya -İran strateji tərəfdaşlığı regiona nə vəd edir? – Şahin Cəfərli Çətin sualda
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