According to the results of the budget audit for 2024, the Accounts Chamber identified violations totaling 133,321.8 thousand soms in the Ministry of Finance of the Kyrgyz Republic and related structures.
The audit covered all key aspects of the budget process, resulting in numerous discrepancies with established norms. During the budget preparation and the drafting of accompanying documents, violations amounting to 2,411.5 thousand soms were recorded, which raises doubts about the reliability of the presented budget data.
In the area of tariff formation and pricing, violations totaling 1,925.0 thousand soms were identified, due to the lack of legal grounds or non-compliance with existing regulations.
The report pays special attention to cases of misallocation of budget funds, which amounted to 6,891.5 thousand soms. Of this amount, 5,816.7 thousand soms were spent bypassing the Single Treasury Account, creating risks for the transparency of public finance management.
During the analysis of capital investments, instances of inflated costs and volumes were found, as well as incomplete fulfillment of contractual obligations amounting to 17,570.6 thousand soms.
There was also a significant excess of approved budget indicators, with a total of unconfirmed expenses amounting to 56,290.9 thousand soms. Of these, 51,604.3 thousand soms are related to excessive inventories and calculations for material values.
Violations regarding the preservation of state property amounted to 3,245.4 thousand soms, including unjustified absence of accounting for certain assets.
The audit also revealed systemic errors in accounting amounting to 43,736.6 thousand soms, including distortions in reporting of 24,900.3 thousand and unjustified advance payments of 18,662.8 thousand soms.
In the area of public procurement, violations totaling 1,250.3 thousand soms were found, including non-compliance with requirements for banking support of contracts.
As a result of the audit, the Accounts Chamber proposed recommendations for addressing the identified violations and improving financial discipline. It was also suggested to consider holding accountable the officials responsible for these discrepancies. The materials have been forwarded to the relevant authorities for further consideration.
The Accounts Chamber will continue to monitor the implementation of the recommendations and assess the effectiveness of the measures taken, emphasizing the importance of timely rectification of violations for the rational and targeted use of budget funds.
