(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 22. Azerbaijan plans to complete the transition to result-based
budgeting in the pilot sectors of education, agriculture and
environmental protection in 2023, said Azerbaijani Finance Minister
Samir Sharifov during a seminar 'Implementation of Medium Term
Expenditure Framework (MTEF) in the education sector and transition
to the result-based budgeting,' trend reports via Azerbaijan's Ministry of
Finance.
'From this year on, it is planned to complete the
transition to results-oriented budgeting, improve and implement the
program budget in the pilot sectors where reforms are being carried
out in the direction of improving the management of the state
budget. In addition, it is expected to involve the sectors of
healthcare, social protection and social security, youth and
sports, culture, and tourism in the reform process,' said
Sharifov.
He noted that in this regard, it is planned to start
work on implementation of the MTEF in newly involved sectors and
the transition to results-oriented budgeting in 2023.
'In 2024, the budget expenditures of the newly
involved sectors for 2025-2027 will be formed based on the program.
In recent years, large-scale reforms have been carried out in the
field of improving public finance management. One of the priorities
of these reforms is the implementation of MTEF and the transition
to results-oriented budgeting. Education, agriculture, and
environmental protection have been identified as pilot sectors for
these reforms,' the minister said.
The seminar is attended by heads and representatives
of the Presidential Administration of Azerbaijan, the Cabinet of
Ministers, the Chamber of Accounts, the central executive
authorities, and other state institutions. In addition, the members
of the committees of Azerbaijan's Milli Majlis (Parliament),
representatives of international organizations, as well as experts,
and researchers also took part in the seminar.
The main objective of the seminar is the
implementation of the Medium Term Expenditure Framework (MTEF) in
the education sector and the work done on the transition process to
result-based budgeting.
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