Transparency initiative annual report

2.1.3. The structure of the government budget system

State budget - a form of collecting and spending means necessary to ensure the implementation of functions belonging to the state through relevant executive bodies in an order established by law. The objective of the state budget of Azerbaijan Republic is to solve the economic, social, and other strategic programs and problems of the country, to ensure the collection and effective use of financial funds for the exercise of state functions as defined by legislation.¹¹
The process of preparation of the state budget draft commences 11 months ahead of the next fiscal year and covers a period till the day of presentation of the draft state budget to the National Assembly of the Azerbaijan Republic.

Table 1: The budget structure in the Republic of Azerbaijan is as follows ^12:

State budget

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