A conference titled "Digital Financial Ecosystem: A New Stage in Governance" is being held in Baku, APA-Economics reports.
The event has been organized at the Baku Congress Center by the Public Council under the Ministry of Finance in official partnership with the Azerbaijan Association of Professional Financial Managers (APFM).
The conference is discussing issues related to the digitalization of public finance, integration of budget and treasury processes, application of artificial intelligence, digital transformation in tax administration, and development of payment systems.
The focus is also on the transition to results-based budgeting, increasing transparency in public procurement, data-driven auditing, and early detection of risks in financial monitoring.