(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 23. The process of
receiving grants in Azerbaijan will become more transparent,
Trend reports.
This issue was reflected in the proposed amendment to law 'On
grants', which was discussed at today's meeting of the Milli Majlis
(Parliament) Committee on Economic Policy, Industry, and
Entrepreneurship and recommended for consideration at the plenary
session of the Parliament.
According to the amendment, the register of grants received by
the body (institution) determined by the relevant executive
authority on behalf of Azerbaijan or on behalf of the body
(institution) determined by the relevant executive authority will
be maintained in the manner established by the body (institution)
determined by the relevant executive authority.
The main goal of the proposed amendment is to ensure
transparency in obtaining grants, the formation of a system that
meets modern requirements in this area, the creation of a unified
information system covering the necessary information on grants,
ensure the maintenance of the prescribed register based on the same
forms, methods and principles.
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