Transparency initiative annual report

Ministry of Finance of the Republic of Azerbaijan

The Ministry of Finance of the Republic of Azerbaijan is the central executive authority agency implementing financial policy of the country. The Ministry implements its activities on the basis of Regulations that approved by the President Decree numbered 48 dated on 9 February 2009. ¹⁸

The Cabinet of Ministers of the Republic of Azerbaijan

It is the executive authority agency subordinated directly to the president, which is established for the implementation of the President’s responsibilities. They are also responsible for the preparation and presentation of the state budget to the president, its execution, financial and monetary policies, to ensure the implementation of state and social programs are included into the responsibilities of the Cabinet of Minister of the Republic of Azerbaijan.

The powers of the Cabinet of Ministers of Azerbaijan Republic are regulated by Article 119 of the Constitution of the Republic of Azerbaijan. ¹⁹