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On 23-25 January 2023, the Audit of financial statements on the execution of the budget of the PS IGC TRACECA for 2022 approved by the TRACECA member states was held


The Auditing Team that carried out control for the 2022 financial year consisted of representatives from the Republic of Azerbaijan, the Islamic Republic of Iran and the Republic of Kazakhstan.

During the audit of the financial activities of the PS IGC TRACECA, an audit procedure for the financial statements of the Permanent Secretariat of the IGC TRACECA on the execution of the budget for 2022 and an assessment of the organization level of accounting were carried out.
Based on the results of the audit, the members of the Auditing Team signed a Report containing an expert opinion, an analytical opinion, results, as well as recommendations both on the expenditure side of the budget and recommendations of a general nature, which will be submitted for consideration at the next Meeting of the Intergovernmental Commission TRACECA.  Positive trends and a significant improvement in the accounting as well as automated accounting system in comparison with previous years were noted.

It should be noted that in accordance with the Agreement on Joint Financing of the Permanent Secretariat of the IGC TRACECA between the Governments of the Parties to the MLA on international transport for the development of the Europe-the Caucasus-Asia corridor dated 21.04.2005, Article 5 of the Rules for the formation and execution of the budget of the PS IGC TRACECA dated 21 October 2021 and the Final Resolutions of the annual meetings of the IGC TRACECA, at the beginning of each year, an audit is carried out to control the execution of the budget.



Permanent Secretaritat of the IGC TRACECA