BAKU, Azerbaijan, October 8. Azerbaijan ranked
third among 133 countries in the Financial Stewardship category of
the 2026 Chandler Good Government Index (CGGI), published by the
Chandler Governance Group.
The information was reported by Azerbaijan's Ministry of
Finance.
Azerbaijan ranked behind Singapore and Norway in the Financial
Stewardship category, one of the index's main assessment areas.
The Financial Stewardship category is assessed based on three
indicators: budget surplus, government spending efficiency and
government debt. Azerbaijan ranked first in budget surplus, 16th in
government spending efficiency and 26th in government debt.
According to the report published by the organization, effective
public financial management, fiscal discipline and fiscal
transparency are important governance conditions for delivering
better outcomes for citizens and supporting economic development in
countries that perform strongly in the Financial Stewardship
category, including Azerbaijan.
The Chandler Governance Group is an international organization
headquartered in Singapore that works globally to improve
public-sector effectiveness.
Since 2021, the organization has published a global index
assessing the government capabilities, effectiveness and quality of
public administration of countries worldwide. It also supports
governments in strengthening public administration and implementing
practical reforms.
