Fiscal Risk Rating developed to assess state-run enterprises

17:00 - 7.08.2026


August 7, Fineko/abc.az. In order to assess the financial condition of state-governed enterprises by sectors and degrees of risk, in accordance with international practice, a Fiscal Risk Rating, a threshold base of financial coefficients and relevant instructions (passports) have been developed.

According to the Ministry of Finance, the accounting base of budget revenues and expenditures of state-owned enterprises for 2020-2026 has also been formed and the fiscal balance has been calculated.

As part of realization of the presidential decree from December 30, 2025, in the 1st half of this year, the financial indicators of 10 state-owned enterprises for 2023-2025 were monitored, and the relevant reports were submitted to the President of Azerbaijan. In addition, Ministry of Finance's representation on the supervisory boards of state-run enterprises has been expanded and proposals have been prepared to improve the rules for their borrowing.