16:45 - 13.01.2026

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January 13, Fineko/abc.az. The Accounts Chamber has revealed violations in the accounting and reporting of public debt at the Agency for the Management of Public Debt & Financial Obligations under the Ministry of Finance.

ABC.AZ reports that as of the end of 2024, 1.4% of external government debt balances and 63.3% of external government guarantees had not been fully confirmed by international financial organizations and foreign banks.

It was also found that significant unused funds remain in the principal and interest accounts, and market rates and base interest rates were not taken into account when forecasting expenses.

In addition, a significant part of government securities is concentrated in the recipients of budget funds, which increases the risks of new borrowings against the background of low liquidity in the domestic market. The implementation of the audit recommendations is under monitoring.