BAKU, Azerbaijan, April 17. A delegation from
the Ministry of Finance of the Republic of Azerbaijan paid a
working visit to Seoul, Republic of Korea (South Korea), on April
12-17 to discuss cooperation in the field of digital public
financial management, Trend reports citing the ministry.
As part of the visit, seminars and training sessions were held
to study international best practices in digital public finance
management and to explore the application of advanced technological
solutions.
Discussions focused on strengthening technical capacity in
Integrated Financial Management Information Systems (IFMIS),
examining modern digital treasury solutions, reviewing the
functional capabilities of the advanced “dBrain+” platform, and
preparing technical advisory projects. The sides also exchanged
views on international experience and innovative technological
approaches in the digitalization of public financial control and
treasury processes.
The meeting noted that, within the framework of bilateral
cooperation in digital public financial management, and with South
Korea’s support, plans are in place to establish a next-generation
treasury information system in Azerbaijan during the current year.
Advisory support is also envisaged for the implementation of the
“e-Control” information system aimed at digitalizing financial
oversight services. These initiatives are expected to enhance
transparency in public finance management, strengthen control
mechanisms, and expand operational decision-making
capabilities.
The initiative, implemented by the Ministry of Finance, is
regarded as an important step toward modernizing the public
financial management system, accelerating digital transformation,
and strengthening institutional capacity.
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