For the first time, the European Commission (EC) has offered Azerbaijan, within the framework of the European Neighborhood Policy (ENP), to produce a support tool for the State Budget of the country. The finance transferred to the State Budget will be intended to support various sectors depending on the priorities of the Government, the Executive Director of the Co-ordination Bureau of the Technical Assistance Program of the European Union (Tacis), Asker Alekperov informed Trend.
This proposal was considered this week at the Azerbaijan Ministry of Finance within the visit of the EU delegation lead by Envoy for Azerbaijan, Angelo Borgoni to Baku.
The final decision by Azerbaijan will be announced at the next meeting of the EC mission due in January 2007. Such a tool will allow the State finance management system to conform to certain standards. In this respect, the mission will visit Azerbaijan to assess the State policy. Alekperov said.