SINAM presented its solutions regarding automation of financial processes in public sector together with the Ministry of Finance of Azerbaijan in the Ministry of Finance of the Kyrgyz Republic

Solutions of SINAM realized together with the Ministry of Finance of Azerbaijan on automation of processes of financial management were demonstrated in the Small Hall of the Ministry of Finance with participation of staff of the Ministry of Finance and Public HR Department of the Kyrgyz Republic. The president of SINAM Mr. Elchin Aliyev spoke about activities of the company and implemented projects. The information system of FARABI which is successfully implemented in the financial system of Azerbaijan was presented. Besides it, information on the project implemented by SINAM on upgrade of the tax service in the State Tax Service under the Government of the Kyrgyz Republic.

The deputy director of the State Treasury Agency of Azerbaijan Mr. Vugar Abdullaev also participated in the demonstration. He explicitly spoke about information systems implemented in the treasury system of Azerbaijan and about advantages of use of new technologies during daily operations. Information on structure of the budget in Azerbaijan, applied international standards and innovations regarding implementation of a single accounting system in the budgetary organizations, integration of treasury and business accounts was provided for participants.

Mr. Vugar Abdullaev met with Mr. Almaz Baketaev, who is acting as the Minister of Finance of the Kyrgyz Republic. Mr. Almaz Baketaev reported that, he is glad to see his colleague and gave brief information on the forthcoming reforms in the finance system. Mr. Vugar Abdullaev noted that, Azerbaijan is ready to cooperate with the Ministry of Finance and Treasury Agency of the Kyrgyz Republic.