Despite any dynamics of export-import operations, Azerbaijani customs officers provide to the state budget for different types of taxes and duties for the last three months to 133.5 million manat. Meanwhile taxes on this amount do not change from March this year in any case of taxes and duties.
According to the State Customs Committee, in May were collected customs duties - 20.6 million manat, VAT - 105.4 million manat, excise taxes - 6.1 million manat and road tax - 1.4 million manat. In May compared with April, customs fees increased 16 thousand manats.
For five months of this year the SCC was transferred to the state budget 597.4 million manat, which is 14.3% more than in the comparable period of 2013.
This year, customs officers must ensure that the state budget receives 1 billion 510 million (+9.1%). For this they should collect 125.8 million manat every month.- 08B-
Economics
-
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported a 3.3% increase in its gold investments compared to last year, according to the fund's investment activity results for the second quarter of 2024. Gold investments now account for $8.57 billion, or 14.8% of SOFAZ's US Dollar Portfolio.
-
Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, announced on the social network "X" that during the visit of Israel's Minister of Regional Cooperation, David Amsalem, to Azerbaijan, discussions were held on cooperation in innovation, space, and aviation.
-
Azerbaijan is bracing for heightened expectations of currency devaluation as declining oil revenues and mounting inflationary pressures fuel concerns over economic stability, experts warn.
-
A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
Leave a review