The incomes mainly came from the following sources:
- land tax - AZN 2.53 million;
- property tax - AZN 1.25 million;
- building material extraction tax - AZN 283,000;
- street poster duties - AZN 110,000;
- hotel duties - AZN 76,200;
- sale and lease of municipal lands - AZN 5.3 million.
The state subsidies given to municipal councils were AZN 2.5 million instead of the expected AZN 4.47 million.
Juridical and physical persons provided financial aid of AZN 282,000 to the municipal councils.
The councils spent AZN 6.3 million (52.7%) of their incomes on running their administrations. They spent AZN 3 million on housing/utilities and AZN 1.45 million on local roads" repair.
The Baku municipal councils (52) collected AZN 2.65 million. The indexes were AZN 1.35 million for the Absheron district"s 15 municipal councils AZN 1.05 million for the Shabran district"s 15 municipal councils, etc.
The Azerbaijani municipal councils had incomes of AZN 26.7 million in 2009. This was -39% against the index of 2008. The state subsidies were AZN 3.35 million.--08B-
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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