State Department's report reflects fiscal transparency in Azerbaijan

The US Department of State has published the 2020 Fiscal Transparency Report for the world.

During the review period, budget documents and debt obligations were publicly available, including online, and provided a substantially complete picture of the government’s revenues, including natural resource revenues. While budget documents did not fully disaggregate allocations to or earnings from state-owned enterprises, more detailed information was available through other public documents.

Report informs audited financial statements for significant; large state-owned enterprises were publicly available online. Information in budget documents was generally reliable. Azerbaijan’s supreme audit institution audited the government’s annual executed budget, and its reports and opinions on state budget execution were publicly available within a reasonable period.