In 2012, the State Customs Committee ensured payment of customs taxes and duties totaling 1,208.3 million manat. This is 0.69% more than projected in the state budget.
In December, the SCC collected 116.8 million manat. This is the highest figure for the past two years. A record collection of monthly revenues to the state budget (170.8 million manat) by the customs was made in December 2010.
In 2011, the contribution of the SCC to the state budget amounted to 1 billion 141 million manats. In 2013, the SCC will bring to the state budget 1,380 mln AZN. The increase in revenue is planned to come from the projected increase in imports. - 08D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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