In April of this year, the State Customs Committee transferred 227.4 million manats to the state budget. This is the highest monthly figure in the history of this department.
According to the State Customs Committee, in April, the highest amount of funds was collected on customs duties - 54.2 million manats, excise taxes - 15.6 million manats and road taxes - 12 million manats.
According to experts, customs officers have achieved good results due to the ratio of the AZN exchange rate to the US dollar. Customs payments are calculated in dollars but paid in manats. In addition, this year customs officers en masse demand payment of customs duties also for cross-border trade of Azerbaijani citizens on the import of goods exceeding the individual needs.
This year, the tax collection plan for SCC has increased from 1,590 million manats to 1,810 million manats. Over four months the agency transferred 644.3 million manats to the state budget, which is one third more than in the comparable period of 2015. ----08B
Economics
-
Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
-
The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
-
In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
-
Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
Leave a review