In June of this year, the State Customs Committee transferred to the state budget 144.8 million AZN. This is the lowest rate since April.
According to the SCC, customs revenues decreased by 61.5 million AZN or around 30% in June.
It is noteworthy that in June, SCC was able to collect a record amount of customs duties - 60 million 270.8 thousand AZN.
This year, the tax collection plan for SCC and fees increased from 1 590 million AZN to 1 810 million AZN. For six months it transferred to the state budget 995.3 million AZN, which is 30% more than in the first half of 2015. Despite the decline in imports, customs officers cope with the implementation of budgetary commitments due to the strengthening US dollar against the national currency. -----08B
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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