阿塞拜疆共和国：技术援助报告政府财政统计和公共部门债务统计团（2025年3月11日至17日）-（2025年4月28日至5月2日）

REPUBLIC OF AZERBAIJANGovernment Finance Statistics and Public Sector Debt Statistics Mission SEPTEMBER 2025 Prepared ByRoderick O’Mahony (STX) MEMBERSArmenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan,Uzbekistan PARTNERSSwitzerland, Russia, China, Korea, United States,European Union, Asian Development Bank,Poland DISCLAIMER “The contents of this document constitute technical advice provided by the staff of the InternationalMonetary Fund to the authorities of the Republic of Azerbaijan (the "CD recipient") in response to theirrequest for technical assistance. This document (in whole or in part) or summaries thereof may bedisclosed by the IMF to the IMF Executive Director, the IMF Executive Director for Azerbaijan, to otherIMF Executive Directors and members of their staff, to other IMF Executive Directors and members oftheir staff, as well as to other agencies or instrumentalities of the CD recipient, and upon their request, to Table of Contents Acronyms and Abbreviations .................................................................................................................... 2 Summary of Mission Outcomes and Priority Recommendations.......................................................... 3 Detailed Technical Assessment and Recommendation ......................................................................... 5 A.Improving Quality of GFS......................................................................................................................... 5B.Details of LEPLs Examined ..................................................................................................................... 7C.Initiating Dissemination of PSDS ............................................................................................................. 8D.Officals met During the Mission ............................................................................................................... 9 1. Priority Recommendations ........................................................................................................................ 42. Action Plan for GFS Development for Authorities in Azerbaijan...............................................................5 Summary of Mission Outcomes and PriorityRecommendations 1.In response to a request from the Ministry of Finance (MOF) of the Republic of Azerbaijan(ROA), and with the support of the IMF’s Middle East and Central Asia Department (MCD), theCaucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC)conducted a hybrid technical assistance (TA) mission during March and May 2025 to assist theauthorities in developing capacity to compile and disseminate quarterly and annual fiscalstatistics that support policy making and IMF surveillance.The mission consisted of: (i) the remote 2.The main objectives of the mission were to: (i) provide an outline of GFS conceptsspecifically targeted for source data providers; (ii) assist the Medium Term ExpenditureFramework (MTEF) Development Center staff in compiling annual GFS for general government(GG) for 2023; (iii) extend work on developing quarterly GFS and PSDS that support Fund 3.The classification of several Legal Entities of Public Laws (LEPLs) would result in theexpansion of the general government (GG) sector coverage.The mission discussed with theauthorities the classification of the Karabakh Revival Fund (KRF), the Mortgage and Credit GuaranteeFund (MCGF), State Agency for Housing (SAH) and the Social Services Agency (SSA). Most of these 4.The mission highlighted the importance of economic activity of these LEPLs and theirpossible impact on the government finances, which need to be reflected in GFS in a transparentand comprehensive manner.Based on the information provided by the staff of the agencies, while theentities are autonomous, from a statistical viewpoint, they are likely to be under the control of government 5.The mission noted that the annual GFS should be transmitted to the IMF as soon aspossible after the end of the reference year, stressing the importance of having timely dataavailable for users. The mission also encouraged the authorities to start disseminating quarterly GFS. It quarterly data for 2024 which would be examined in more detail by a subsequent mission (tentatively 6.Further progress in the compilation of sound fiscal statistics depends on the politicalsupport and effective building capacities. The Assistant Director of MTEF Development Centerconfirmed interest in further development of GFS, focusing on expanding sector coverage in a short term. 7.Besides the staff capacities, consideration should be given to collecting comprehensivesource data needed to develop GFS data for entities to be included in the central government (CG)sector (e.g. LEPLs).To strengthen the institutional foundation for collaboration among compilers andusers of fiscal and debt data for policy making, a techn