Coalition Comments
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Implemented (Yes/No/On-going)
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Description of action undertaken
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To eliminate duplication of information in the Background part of the Report, to provide the dynamics of data (at least 3 years) and to present graphically/schematically the income/receipt stream flowing to the government agencies.
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Yes
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The information has been included in part of 2.“Background” of this Report, page 22, “Ongoing reforms in extractive industry
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In order to ensure an understanding of the legal regime of the mining industry, a short review on mechanisms and connections of mining industry regulated by each legal provision must be provided in the Report. In addition, the Report must contain graphical representations (visual schemes) of the legal and fiscal regimes.
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Yes
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The information has been included in part of “Background”, pages 17-19, “The structure of the government budget system” of this Report.
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It is recommended to add Information on pipeline expansion (transfer capacity, exported products) to the Report.
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Yes
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The information has been included in part of 4.4 “Transportation revenues”, pages 46-50 of this Report.
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Investment and employment indicators presented in “The contribution of the extractive sector to the economy” section of the Report must be expanded to cover all mining companies. In addition, to continue efforts towards the inclusion of complete information on number of local and foreign employees engaged in mining sector.
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On-going
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The information has been includeed in the “6.3 “The contribution of the extractive sector to the economy of Azerbaijan”, pages 59-60 part of the report which consist of “Employment in the extractive industry”, page 62 in the part of and “Other information” of the report.
Only the data on on BP and SOCAR has been obtained from open sources. Relevant information ont other companies has not been reflected in the report due to unavailability of data in a publicly available sources.
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Share under total amount of all annual similar payments to SSPF by local and foreign extractive companies, change of this share over the years and comparison form with employment structure has to be presented.
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Yes
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The information has been included in the part of 6.3.3 “Employment in the extractive industry”, page 60 of the Report.
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Inclusion of detailed information on mechanisms of mutual relations and commitments of SOCAR with/to the Ministry of Finance, State Oil Fund, Social Security Fund, Central Bank and Azerbaijan International Bank and disclosure under mechanisms of these relationships.
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Yes
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The information has been included in the part of 2.6.2 “Relations of SOE with relevant Government agencies”, pages 25-27 of the Report.
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