Ministry of Finance of the Republic of Azerbaijan (2020 – 2024)

The need to create a safe, user-friendly, modern, and sustainable automated system for state and consolidated budgeting.

Comparative analysis of budget estimates and actual indicators for the current and past years;

System analysis of differences between the forecasted and actual financial progress for each project;

Comparative analysis of budget estimates for the current and past years and actual data for previous years;

Adoption and analysis of forecasted base and capital expenditures of budgetary institutions, as well as orders for new policy initiatives and sector strategic plans;

Providing system links required to arrange the monitoring of the implementation of the approved medium-term budget estimates according to targets and indicators applied, including integration with the treasury and other related departments and automatic processing and analysis of the data acquired.

Instructing budgetary institutions funded from central financial costs and local fiscal bodies in the upper limits of the budget estimate by the Ministry of Finance of the Republic of Azerbaijan;

Obtaining budget estimates (orders) from subordinate bodies and local units by budgetary institutions funded from central financial costs;

Obtaining budget estimates (orders) from institutions funded from local costs by local fiscal bodies;

Forwarding budget estimates to the Budget Department of the apparatus of the Ministry of Finance and relevant sectoral departments by budgetary institutions funded from central financial costs;

Forwarding budget estimates to the Budget Department of the apparatus of the Ministry of Finance and relevant sectoral departments by local fiscal bodies;

Creating a state investment program database.