Minister of Finance of the Republic of Azerbaijan Samir Sharifov made a business visit to the Islamic Republic of Pakistan, the United Arab Emirates (UAE) and India on February 19-21***As of January 1st, 2018, the external public debt of the Republic of Azerbaijan constituted 9,398.3 million US dollars (equivalent 15,978.1 million manat). The Debt to the Gross Domestic Product ratio stands at 22.8 percent (based on 2017 GDP of AZN 70,135.1 mln)******

State Treasury Agency - About

 

State Treasury Agency of the Ministry of Finance of the Republic of Azerbaijan

 

         State Treasury Agency of the Ministry of Finance of the Republic of Azerbaijan was established upon Decree 48 of February 9, 2009 of the President of the Republic of Azerbaijan ‘On measures to improve activity of the Ministry of Finance of the Republic of Azerbaijan’.
        State Treasury Agency is the executive power body fulfilling the implementation of state budget cash and the accounting of those financial operations, assuming obligations for budget expenses on behalf of state before budget organizations, controlling management, entry and use of public funds.
The Agency is governed by Constitution of the Republic of Azerbaijan, laws of the Republic of Azerbaijan, decrees and orders of the President of the Republic of Azerbaijan, decisions and orders of the Cabinet of the Republic of Azerbaijan, international treaties ratified by the Republic of Azerbaijan, Statute of the Ministry of Finance of the Republic of Azerbaijan, orders and directions of the Minister of Finance of the Republic of Azerbaijan and Statute on the State Treasury Agency of the Ministry of Finance of the Republic of Azerbaijan.