Azerbaijanâ€™s CEC: 44 out of 55 political parties submitted annual financial reports
- 23 April 2018
Forty-four out of forty-five political parties have submitted their annual financial reports to the Central Election Commission (CEC) of Azerbaijan, CEC Deputy Chairman Natig Mammadov told APA.
Of them, 42 parties have submitted their financial reports within the time period determined by law, i.e. before April 1, Mammadov said. “Two political parties submitted their financial reports after April 1,” he added.
Mammadov noted that 11 political parties have not yet submitted their financial reports to the CEC for various reasons.
"The CEC will increase its efforts to improve the quality of these financial reports and for them to be submitted until April 1. The financial reports submitted by the political parties can be found on the CEC website. The CEC has carried out a number of criteria for the submission of the political parties’ financial reports to fall into order. The reporting of parties is increasing year by year,” he said.
Mammadov went on to say that the rest 11 political parties are not prohibited to submit their financial reports thereafter.
“A period related to financial reports of political parties which is up to April 1, is considered as a period envisaged by the law. Parties are not prohibited to submit their financial reports after April 1. The CEC will also evaluate financial reports presented thereafter and take relevant steps,” he said.
There are 55 registered political parties in Azerbaijan. Under the law, beginning from 2015, parties must submit their annual financial reports to the CEC by April 1. Within this period, the CEC must give information to the Ministry of Justice on political parties which failed to submit annual financial report together with auditor’s opinion.