BAKU, Azerbaijan, September 23. Monitoring of
22 state-owned enterprises in Azerbaijan for the second quarter has
been completed.


This was reported in a statement released by the Ministry of
Finance of Azerbaijan.


Meanwhile, it is noted that as part of measures aimed at
improving transparency and financial discipline at state-owned
enterprises, as well as more effective management of fiscal risks,
the Agency for Monitoring State-Owned Enterprises under the
Ministry of Finance of Azerbaijan has completed monitoring of 22
state-owned enterprises for the second quarter of 2026.


“Based on the results of the monitoring conducted in accordance
with the Monitoring Rules approved by Decree No. 570 of the
President of the Republic of Azerbaijan dated December 29, 2025, a
corresponding report was prepared and submitted.


During the monitoring, the financial results and performance
indicators of the state-owned enterprises were analyzed, fiscal
risks that may arise as a result of their activities were
identified, and the enterprises were classified in accordance with
the relevant fiscal risk ratings.







The implementation of the new monitoring mechanism makes it
possible to create a systematic database on the financial condition
and performance indicators of state-owned enterprises, identify
fiscal risks at an early stage, and make management decisions based
on more comprehensive financial information,” the ministry
reports.


In addition, it is emphasized that the scope of monitoring is
being expanded in phases. For example, while 10 state-owned
enterprises were covered by the monitoring in the first quarter of
2026, this figure reached 22 in the second quarter: “In subsequent
quarters, we plan to further increase the number of state-owned
enterprises covered by the monitoring.”


According to the ministry, the phased expansion of the
monitoring mechanism contributes to a more systematic assessment of
the financial activities of state-owned enterprises, the timely
identification of fiscal risks, and improved efficiency in the
management of state assets.