BAKU, Azerbaijan, August 7. The Ministry of Finance of Azerbaijan has published information on the work carried out in the first half of 2026 in the direction of digitalization, innovative solutions, monitoring of state entities, and result-based budget policy.
This was reflected in the ministry's report for the first half of 2026.
According to the information, over the reporting period, the Digital State Finance information system was created by the decree of the President of Azerbaijan dated January 26, 2026. The implementation of the system aims to expand digital solutions in the management of state finances and organize processes more efficiently.
The ministry has also developed the Budget Information Management System (BIMS) subsystem. This platform allows the budget draft preparation process to be carried out in a digital environment. In addition, the Electronic Budget Guide portal has been launched in order to expand the public's access to information on state finances.
The report noted that data was collected for 1,034 enterprises through the state enterprise digital monitoring system. The number of implemented 2026 budget accounts stood at 466, while 532 budget proposals were submitted for 2027. At the same time, the number of 2027 budget forecasts submitted reached 654.
According to the ministry, 1,487 contracts were registered through the E-Contract system, while the registration process was completed for 872 contracts. The total number of concluded contracts reached 2,414, with the total value of signed contracts exceeding 1 billion manat ($0.59 billion).
In addition, 68,218 notifications were generated through the E-Fee system, and 63,316 payments were processed. The total amount of assessed fees reached 32.04 million manat ($18.85 million), while the volume of paid fees totaled 31.2 million manat ($18.35 million).
The ministry has also taken several measures to strengthen control over the activities of state-owned enterprises. The report noted that the legal, institutional and financial foundations of the Monitoring Agency of State Enterprises have been formed, an information system for monitoring state-owned enterprises has been launched, and an electronic cabinet has been created.
Besides, a Risk-Based Risk Rating, an Electronic Report on financial health analysis, and methodological documents have been prepared to assess the financial health of state-owned enterprises. Analyses were conducted on state-owned enterprises' budget revenues, dividends, and other indicators for 2020–2026.
During the reporting period, work continued on the implementation of the results-based budget (RBB) mechanism. The ministry noted that strategic documents on sectors involved in reforms were analyzed, methodological support was provided for the preparation of budget plans in accordance with the legislation, and proposals were submitted to relevant agencies.
