In the first half of the year the Department of Preliminary Investigation of Tax Crimes initiated 242 criminal cases on tax evasion and illegal business activities, which is four times less than in the comparable period of 2015.
According to the Analytical Department of the Ministry of Taxes, the investigation of these criminal cases provided transfer of more than 52 million AZN to the state budget.
In just six months, a preliminary investigation of 623 criminal cases was completed. In view of the full payment of evaded taxes to the state budget 155 criminal cases were discontinued. ----08B
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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