The Azerbaijan Customs do not cope with meeting the targets for the collection of customs duties and taxes. Thus, the economic crisis also "reached out" to the customs offices.
The statistical analysis shows that this is the first time since the start of leadership of the State Customs Committee by Kamaladdin Heydarov 20 years ago, who was later replaced by Aydin Aliyev.
According to the State Customs Committee, in January-September through the agency 1 billion 124.2 million AZN was transferred, 10.7 million AZN less than in the comparable period of 2014.
In September of this year, customs officers provided the transfer of AZN 103.7 million to the state budget from the participants of foreign trade activities. This is the lowest rate of customs revenues since January 2014 (97.3 million AZN). In September 2014 the customs legally collected 133.5 million manats.
This year, the plan forecast for the collection of customs duties and taxes is 1 billion 590 million. manats. In 2016 the customs had the same plan. --- 08D
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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