Bond.az White LogoBond.az Black Logo

Court of Accounts Chair Proposes Transparency Reforms

Vugar Gulmammadov, Chairman of the Court of Accounts, proposes measures to enhance budget transparency and efficiency.

Sarah Johnson
BySarah Johnson- Senior Editor
|
0

The Chairman of the Court of Accounts, Vugar Gulmammadov, spoke at a meeting of the Milli Majlis Committee on Economic Policy, Industry, and Entrepreneurship.

He proposed optimizing the system for registering foreign trade transactions.

Gulmammadov emphasized the need to revise budget revenue collection forecasts and reduce the fiscal burden on imports.

He noted that in 2025, there were shortfalls in VAT and import customs duties collected by customs authorities.

The chairman also called for improved accountability of organizations collecting parafiscal charges.

More News
Today / 11:02
|
544

Baku to host HELF/AZHAB Forum 2026

Baku to host HELF/AZHAB Forum 2026 during the Islamic Development Bank Group Annual Meetings. Halal economy, sustainability, and regional integration discussed.

0
Today / 10:00
|
553

New fines approved in Azerbaijan

New fines approved in Azerbaijan. Parliament adopted amendments to the Code of Administrative Offenses.

0
Today / 09:32
|
510

Pilot greenhouse agropark to be created in East Zangezur

Under the 2026-2030 State Program, a pilot greenhouse agropark will be created in East Zangezur, boosting wheat and cotton yields.

0
Today / 09:30
|
210

Economic growth driven by transport and trade

Deputy Tahir Mirkishili stated economic growth is mainly based on transport and trade. Budget planning quality has improved.

0
Today / 09:00
|
678

968 million manat allocated to 44 legal entities in 2025

News about 968 million manat allocated to 44 public legal entities from the state budget in 2025.

0
Today / 07:31
|
416

New development model in agriculture discussed

New development model in agriculture discussed. State Program for 2026-2030 presented in Agdash.

0
Today / 07:31
|
533

New agrarian program results to take shape locally

Shahmar Movsumov stated that the outcomes of the new agrarian state program will be shaped locally through collaboration of farmers and investors.

0
Today / 07:02
|
547

Oil prices sharply drop below $89

Oil prices sharply declined. Brent fell to $88.66, WTI to $85.86 per barrel.

0
Today / 07:01
|
209

Khalid Ahadov: New state program to ensure intensive development

Khalid Ahadov says new state program will ensure intensive development in agriculture. Focus on subsidies, productivity, and export-oriented production.

0
Today / 06:02
|
312

Azerbaijan oil prices rise

Azerbaijan oil price increased by $0.49 to $96.85 per barrel. "Azeri Light" crude sees rise.

0
Yesterday / 10:01
|
592

Shusha SME House served 560 in 5 months

Shusha SME House provided nearly 560 services in January-May. Most requests were about electricity, taxes, and gas.

0
Yesterday / 07:02
|
590

Middle East Tension Drives Oil Prices Up

Middle East tensions boost oil prices. Brent hits $94, WTI reaches $91 per barrel.

0
...
Court of Accounts Chair Proposes Transparency Reforms | Bond.az