OREANDA-NEWS. May 05, 2010. The MED informs that in the course of due diligence it was carried out analysis of rightness and quality of internal control system, Fund’s accounts on international standards, conformity to legislation and accounting standards of the NESF.

The conclusion made by Baker Tilly was positive.

“Availability of international audit will allow the Fund to raise resources of foreign financial institutions,” the Ministry said.

The Fund directs annually 130 million - 180 million manats for subsidized crediting.