The chairman of the Justice, Law, Democracy (AHD) Party and Member of Parliament, Gudrat Hasanguliyev, shared his thoughts on the report regarding the activities of the Chamber of Accounts of the Republic of Azerbaijan for 2025 during today’s plenary session of the parliament.
The Member of Parliament stated: “Thank you, honorable Speaker, and I congratulate you on your successful visit. Regarding the report, I would like to note that I highly appreciate the activities of the Chamber of Accounts. Indeed, serious deficiencies are being identified, and proposals are being made to eliminate them. One such proposal was put forward by me some time ago: in order to effectively combat corruption and ensure that investments made from budget funds contribute more significantly to business development, the activities of companies performing work commissioned by state bodies should also be audited by the Chamber of Accounts.
I believe that in that case, more serious deficiencies will be revealed. What do they consist of? It will become clear that in many cases, state bodies do not transfer funds to those companies’ accounts on time. Those companies are forced to take out loans at higher interest rates (16 percent or higher) and give a portion of their income to banks. Some fall into debt in various ways or sell their assets so that the work does not stop and can continue. Then, a portion of the funds goes toward cashing out and expenses not directly related to the work performed. Because of this, entrepreneurs can earn very little profit. Some even end up with losses. Therefore, they cannot grow their businesses or create new jobs. To prevent all of this, it would be better if the Chamber of Accounts conducted fewer audits throughout the year and inspected fewer state bodies, but if an audit is conducted, the activities of the company performing the work must also be inspected.
In this case, I assure you that the fight against corruption in the country will strengthen, budget funds will be used efficiently, and the results will be more effective.”