Ministry of Taxes Copes with Plan
In the first half of the year the Ministry of Taxes ensured the transfer to the state budget of 3 billion 190.1 million manats. That is 156.2 million AZN less than for the comparable period of 2015.
However, the analytical information department of the Ministry noted that the forecast task was fulfilled by 102%.
It should be noted that this year the Ministry of Taxes has to ensure the transfer to the state budget of 7 billion 10 million AZN, about as much as in 2015. Of this amount, 5.4 billion AZN, or 77% is projected to collect from the non-oil sector of the economy. -----08D
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- Social
- 13 July 2016 14:18
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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