In the center of media attention is the development of the defense industry, not fulfillment the state budget, the reasons for misappropriation of public funds, the possibility of bringing to the taxation of companies in offshore zones.
The official newspaper "Azerbaijan" published an article that the defense industry of Azerbaijan is on the most modern, the perfect level of development. This is confirmed and the use of locally produced arms during the successful military operations in Karabakh on April 2-5.
Azerbaijan exports armored vehicles already in 10 countries. In the near future it is provided to launch serial production of shock drones "Zarb". Personnel is being trained for the defense industry. So, at the Azerbaijan Technical University has been created a Faculty "Special equipment and technology", where 370 students are enrolled.
"Azadlıqinfo" in the article "The government is not able to implement the budget approved by it" publishes the commentary of the expert Nemat Aliyev that in November receipts to the budget decreased by 57% . In October the state budget revenues amounted to AZN 2 billion, and in November just 862 million manats.
During the first 11 months of the projected targets for budget revenues narrowly missed by 16 per cent. Government could not fund spending by 3 billion manats. Such a relation to the execution of budget assignments, not financing investment spending will deepen the economic decline of the border. To avoid this, it is necessary to start with the reform of the government.
The newspaper "New Times" writes about the embezzlement of budget funds, systemic corruption, which have reached alarming proportions. The topic of tenders was again in the spotlight at a loud trial of ex-officials of Ministry of Communications. Witnesses testified that tenders were formal and the winners were known in advance.
Bidding for the construction of housing, bridges and other facilities, asphalting of roads is all manna from heaven for corruption and shadow businesses. After all, the talk is about dozens or even hundreds of millions of dollars.
"Yeni Musavat" published an article on the upcoming attracting offshore companies to taxation.
The expert Natig Jafarli believes it is impossible, because even the United States cannot levy taxes on offshore companies. The very essence of the offshore business is to pay as less tax as possible. Great Twenty countries were also for attracting offshore companies in tax, but there is not such a concept yet.
It is very difficult to such a small country as Azerbaijan to get access to the operations of companies abroad and getting information about it.-0-
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November 8 is celebrated as Victory Day in Azerbaijan. In 2020, Azerbaijan restored its territorial integrity through a 44-day war and a one-day military operation in 2023. Although a ceasefire declaration was signed between the leaders of Azerbaijan, Armenia, and Russia, a peace treaty between Baku and Yerevan has yet to be signed, even four years later.
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On Saturday, rain with heavy showers in some areas is expected in Baku and the Absheron Peninsula. There will be fog in the morning and evening, and the wind will be from the northwest. The air temperature: at night +6°C to +10°C; in the daytime +12°C to +15°C.
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A 32-year-old man, who had threatened to jump off a bridge, blocked traffic on the airport road.
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On 8 November in the capital it will be cloudy, rain is possible at night. In Apsheron, precipitation will be intense with thunderstorms. Wind is south-western, in the morning a slight fog.
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