1. MoF/Central Bank: Coordinated Cash Management
The Ministry of Finance of the Republic of Azerbaijan
State Treasury Agency
MoF/Central Bank: Coordinated Cash Management
Moscow
March 2017

2. The Financial Stability Board
Decree of the President of the Azerbaijan Republic “On Establishing the Financial Stability Board of the Azerbaijan Republic” dated July 15, 2016.
Chairman
Prime Minister of Azerbaijan
Aide of the President on economic Affairs,
Minister of Finance,
Governor of the Central Bank,
Minister of Economy,
Chairman of the Board of the Financial Markets Supervision Chamber,
CEO of the State Petroleum Fund
Members
Secretariat functions
Central Bank of Azerbaijan
Measures to ensure macroeconomic and fiscal stability (quarterly reports to the President of Azerbaijan)
Key functions of the Board

3. Establishment of cash monitoring and short-term forecasting system
The system has been established by the decision of the Financial Stability Board
Participants – MoF, Central Bank, State Petroleum Fund
Objective – day-to-day information exchange on cash monitoring and short-term forecasting to support fiscal procedures aimed at financial stability

4. MoF responsibilities re. TSA information provision (weekly)
Subaсcounts of independent credit allocating entities
Social Protection Fund
TSA balance, including
Agency accounts
Projects financed by the State Petroleum Fund
Off-budget accounts
VAT
… other accounts

5. MoF responsibilities re
MoF responsibilities re. national budget execution information provision (weekly)
Revenues
Expenditures
Ministry of Taxation
Operating expenditures based on budget classification
State Customs Committee
Capital expenditures based on economic classification
Transfers from the State Petroleum Fund
Off-budget revenues generated by budget entities
Sovereign debt expenditures
… other receipts
Total
Amount
Total
Amount

6. MoF responsibilities re
MoF responsibilities re. national budget execution forecasts information provision (weekly, quarterly)
Revenues
Expenditures
Ministry of Taxation
Operating expenditures based on budget classification
State Customs Committee
Capital expenditures based on economic classification
Transfers from the State Petroleum Fund
Off-budget revenues generated by budget entities
Sovereign debt expenditures
… other receipts
Total
Amount
Total
Amount

7. Processing of information at the Central Bank
Ministry of Finance
Central bank
State Petroleum Fund
Information
Information
Cash program
Financial market transactions

8. Future plans/issues
Ensuring online access to the treasury management information system for public entities and bodies
Revise frequency - daily
Daily management of cash in TSA
Reduce TSA balance