Bank Of Baku

Azerbaijan, Kazakhstan discuss cooperation in public finance

Azerbaijan, Kazakhstan discuss cooperation in public finance
# 11 September 2025 11:02 (UTC +04:00)

Cooperation between Azerbaijan and Kazakhstan on increasing transparency in public finances was discussed, APA-Economics reports, citing the Ministry of Finance.

The topic was addressed during a meeting between Vugar Gulmammadov, Chairman of Azerbaijan’s Chamber of Accounts, and Alikhan Smailov, Chairman of Kazakhstan’s Supreme Audit Chamber.

According to the information, a delegation led by V. Gulmammadov, Chairman of the Chamber of Accounts, and including representatives from the Ministry of Finance, is on a visit to Kazakhstan.

During the meeting, the prospects for cooperation between the two supreme audit institutions were discussed, issues of mutual interest were exchanged, and presentations on the activities of the organizations were delivered.

The meeting highlighted the role of cooperation between the supreme audit institution and the Ministry of Finance in enhancing accountability and transparency in public finances, emphasizing the importance of joint efforts to ensure the proper use of budget funds. It was noted that the participation of Ministry of Finance representatives in the visit contributes to practical experience sharing as well as the improvement of budget management and financial reporting.

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