Audit inspections of the state budget in Azerbaijan conducted by the Chamber of Accounts have uncovered financial inconsistencies totaling 299.1 million manats. These significant financial discrepancies were identified during the review of budget execution and new projects for 2025.
Operative Information Center-OMM reports that these facts were reflected in the "Report on the activities of the Chamber of Accounts in 2025." The document was submitted for discussion today during a meeting of the Milli Majlis (National Assembly) Committee for Economic Policy, Industries, and Enterprising.
Financial violations identified in 2024 budget execution
According to the report, several serious discrepancies were recorded in the opinion on the execution of the 2024 state budget. The difference between two accounting records of state budget revenues amounted to 6.8 million manats. Inconsistencies in the functional classification of expenditures reached 290 million manats, while unrecognized revenues totaled 2.4 million manats.
Furthermore, state fees collected under repealed legal acts were reported at 5.3 million manats. The misuse of unallocated funds or their direction toward inappropriate sectors accounted for 45 million manats.
2026 budget draft: Sources of multi-million manat differences
Significant inconsistencies were also identified in the calculations regarding the draft state budget for 2026. Discrepancies related to expenditures not aligned with the Medium-Term Framework (VBT) amounted to 236.3 million manats. Additionally, inconsistencies affecting the project itself were estimated at 160.4 million manats.
The total amount of inconsistencies recorded in the consolidated budget expenditures under economic classification was ultimately reported as 299.1 million manats.
136 recommendations for improving the budgetary process
The report provides a total of 136 recommendations aimed at improving the budgetary process. Of these, 60 were submitted regarding the execution of the 2024 state budget, and 38 were presented concerning the 2026 state budget draft.
Other recommendations cover special funds: 7 recommendations were issued for the 2024 budget execution of the State Oil Fund, and 8 for its 2026 draft budget. Additionally, 11 recommendations were provided for the Unemployment Insurance Fund's 2026 budget, and 12 for the State Social Protection Fund (DSMF) 2026 budget.
The Chamber of Accounts serves as the supreme audit institution of the Republic of Azerbaijan, responsible for exercising external state financial control. By reporting directly to the Milli Majlis, the Chamber ensures transparency and accountability in the management of state resources, supporting the country's ongoing economic reforms and fiscal discipline.
