BAKU, Azerbaijan, February 27. Azerbaijan's
Ministry of Finance has launched the "e-budget.maliyye.gov.az"
(electronic budget guide) portal to ensure wider public
participation in budget processes, boost transparency and
efficiency, form a unified information base, as well as expand the
application of digital solutions in budget processes, a source in
the ministry told Trend.
The new portal, being an integral part of the institutional and
digital reforms implemented in the field of public finance
management, ensures the centralized collection and management of
information on state and consolidated budgets.
The guide presents the principles of budget policy, the budget
process, legislation, forecast indicators, revenues and
expenditures of consolidated and state budgets, expenditures of the
state budget by functional and economic classifications, budget
programs and other key financial indicators, as well as
expenditures related to public debt and debt management in a
structured and understandable form.
Analytical and visual tools integrated into the system allow for
monitoring budget indicators, conducting comparative analyses, and
presenting information in graphical form.
The portal, developed in accordance with the methodology and
requirements of international fiscal diagnostic tools, in
particular the open budget survey, is part of the recent measures
taken by the Ministry of Finance to expand access to budget
information and increase budget transparency and
accountability.
This initiative is also an important step towards the formation
of a digital public finance model in Azerbaijan and the application
of advanced international practices.
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