President Ilham Aliyev’s latest decree on the establishment of the “Digital Public Finance” information system signals a decisive step toward modernizing Azerbaijan’s financial management framework. The initiative aims not only to streamline budgetary processes but also to build a transparent ecosystem where state revenues and expenditures can be monitored in real time.

The system is designed to encompass a wide range of financial activities linked to the Ministry of Finance, including budget planning, tax and customs revenues, state duties, dividends from state-owned enterprises, audits, public debt, treasury operations, and financial liabilities. By mandating electronic exchanges of........

© AzerNews