Regional tax revenues increased by 4.8%
In 2012, management provided territorial tax revenues to the state budget of 445.5 million manat, which is 25 million or 4.8% more than in the previous year.
The share of regions (cities and districts outside the capital) in the structure of tax and other charges on the Ministry of Taxes was 7.4%. At the same time, revenues from the region declined over the year by 0.3% points.
Last year the Ministry of Taxes collected in regions predicted 414.4 million manat. In 2011, the mobilization of regional budget funds increased by 23.2% compared with 2010. - 08B-
Economics
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Azerbaijani President Ilham Aliyev signed a decree on Monday aimed at improving social welfare, increasing the country’s minimum monthly wage to 400 manats ($235) starting January 1, 2025.
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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