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Presidential decree on strengthening control for budgetary funds underway

Business Materials 11 February 2006 12:22 (UTC +04:00)

The Azerbaijan Finance Ministry will submit the draft decree on approval the program on strengthening control for state funds expenditures to the presidential administration for signing by the President of Azerbaijan during 10-12days. The program envisages putting forward the draft law On improvement the state financial controlling to the Parliament after coordinating with the World Bank, Trend reports, citing the Finance Minister Avez Alekperov.

Along with this, restructuring and establishing of controlling and inspecting administrations or units in the regions is supposed.

As the draft law indicates, each year in January the Finance Ministry intends to publicize the list of enterprises and schedules for inspecting. And the brief data on the results of inspecting will be placed on the web-site.

The main point is also improvement of state purchases operations, due to which changes to the law On state purchases is supposed. В"We are not pleased with the process of tendering, problems remain and they are artificial, the Minister noted. The draft decree includes also clauses concerning the Counting Chamber activities. В"We prefer joint activities however, the Counting Chamber has its own schedule for auditing. Besides the staff engaged in the control and inspection activities is small and the staff number is to be enlarged, however, their selection will be held thoroughly and by attesting them as their professional level must be high, Alekperov thinks.

By preliminary data, the Counting Chamber will control the state companies and concerns and the Ministry of Finances will be committed to control district and city budget organizations, higher educational institutions, diplomatic missions of Azerbaijan abroad and etc.

He thinks, the decree will facilitate serious state control over budget organizations.

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