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Kyrgyzstan Learns from Azerbaijan's Experience in Automation of Public Finance Management
Source: en.trend.az
Source Date: Saturday, August 23, 2014
Focus: Citizen Engagement
Country: Kyrgyzstan
Created: Aug 26, 2014

The Kyrgyz Finance Ministry and the State Personnel Service are examining Azerbaijan's experience in the field of automation of public finance management, IT-company Sinam said Aug. 21.

A preliminary agreement on cooperation in this area between the Azerbaijani and Kyrgyz Ministries of Finance was reached, according to a Sinam report.

Sinam's automated solutions were demonstrated at the Kyrgyz Ministry of Finance in mid-August with the participation of representatives of the Azerbaijani Ministry of Finance. The company's solutions are currently applied.

FARABI information system, which is currently used in the financial system of Azerbaijan, the tax service modernization project of Kyrgyzstan, information about existing information systems in the Azerbaijani treasury were presented to the Kyrgyz ministry.

Moreover, the information about the structure of the budget of Azerbaijan, applicable international standards and innovations in terms of the introduction of a uniform system of accounting in budgetary institutions was provided.

The ministry has expressed its willingness to cooperate with Azerbaijan, which is especially important amid the upcoming reforms of the Kyrgyz financial system, the report said.

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