The Ministry of Taxes reported on the replenishment of the state budget at the expense of the funds raised through it. The message consists of two sentences.
During the seven months of this year, the Ministry of Taxes provided to the state budget 4 billion 104 million AZN. The press service of the Ministry noted that it is 1.9% more than the forecast. However, the Ministry of Taxes did not provide comparative figures for the corresponding period last year. Due to the fall in oil prices, oil revenues declined significantly.
It can be gathered from the information that in July the tax collected amounted to 757.7 million manats.
In contrast to previous months, the ministry did not provide information about revenues from the non-oil-gas sector.
This year the Ministry of Taxes is projected to raise 7 billion 112 million manats.
Today, the Ministry of Taxes has resumed publication of the list of debtors of the tax benefits, among which there are both private and state-owned enterprises as well as individuals. -08D-
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review