Pyongyang: North Korea is preparing to send Russia more than 100 artillery systems to be used in its war against Ukraine. According to Azeri-Press News Agency, Kyrylo Budanov, Ukraine’s military intelligence chief, has reported that Pyongyang is gearing up to double the number of artillery systems it has sent to the border region of Kursk. … Read more
New York: The Western Azerbaijan Community has sent a letter to UN Secretary-General Antonio Guterres concerning a speech made by Levon Ter-Petrosyan during his presidency in Armenia in 1993. In the speech, Ter-Petrosyan allegedly confirmed that ethnic cleansing and occupation were state policies of Armenia, describing the expulsion of Azerbaijanis from Armenia as a historic … Read more
Baku: Azerbaijan has announced the implementation indicators of its 2024 consolidated budget, highlighting both its revenues and expenditures for the year. The Ministry of Finance of Azerbaijan has provided detailed figures for the financial plan. According to Azeri-Press News Agency, the consolidated budget revenues for 2024 amounted to 47 billion 947 million manats. Meanwhile, the … Read more
Baku: Azerbaijan has revealed the financial expenditure on the restoration of its liberated territories over the past year. In 2024, a significant 99.4 percent, translating to AZN 4,828.5 million, of the AZN 4,855.8 million designated in the state budget for these reconstruction and restoration efforts was utilized by customer organizations. These funds were executed through … Read more
Baku: As of January 1, 2025, Azerbaijan’s state budget has allocated 1,295.6 million manat for servicing state debt and obligations, APA-Economics reports citing the Ministry of Finance of Azerbaijan. Of these expenditures, payments on domestic state debt amount to 170.3 million manat in interest, while foreign state debt required 1,125.2 million manat, with 850.0 million … Read more
Moscow: The refusal of UNESCO Director General Audrey Azoulay to stick to her mandate in the situation with Russian reporters makes her an accomplice in the “information war against the truth,” Russian Foreign Minister Sergey Lavrov said. “The refusal of Madame Azoulay to abide by her mandate in the part concerning the safety of reporters, … Read more
Baku: The amount of funds spent from the state budget on the improvement and construction works carried out in Baku in connection with COP 29 has been revealed, this was stated in the information on the implementation of the summary and state budgets of Azerbaijan for 2024. According to Azeri-Press News Agency, AZN 471.6 million … Read more
Baku: An audit conducted by the UNDP Audit and Research Office at the United Nations Development Programme (UNDP) Country Office in Azerbaijan has unveiled legal and financial irregularities, APA reports. The audit highlighted that the UNDP Azerbaijan Representative Office provided grants totaling $754,570 to 23 non-governmental organizations (NGOs) for 29 projects in 2023. These funds … Read more
Baku: Azerbaijan’s domestic public debt saw an increase of 17.6% as of January 1, 2025, reaching 18 billion 659.7 million manat. According to Azeri-Press News Agency, this rise is reported by Azerbaijan’s Ministry of Finance. In contrast, the external public debt decreased by 20.1% from the previous year, amounting to 5 billion 160 million US … Read more
