The report of the State Audit Office was presented on the "Execution of the 2023 Republican Budget of the Autonomous Republic of Abkhazia" to the Supreme Council at the plenary session.
The report evaluates the state of revenues and expenditures provided by the 2023 Republican budget of Abkhazia, the obtained results, and the matters affecting the public finance management process. Important issues of budget planning, state procurement management, reserve fund disposal, accounting and reporting, and program budget execution have been analyzed.
While presenting the report, Noe Kashibadze, the Head of the Audit Department in the A/R of Abkhazia, emphasized the importance to use budget allocations in a timely and balanced manner, which should contribute to the targeted and effective budget spending.
According to the assessment of the State Audit Office, considering the recommendations presented in the report will improve the budget planning, reporting process and the quality of public finance management.
After the presentation, the speaker Noe Kashibadze answered the questions of the MPs. Considering the comments and recommendations, the Supreme Council adopted a resolution approving the report.
