Revenues of Municipalities decreased by 37.2%
. In 2015, total revenues in 1,607 municipalities in Azerbaijan amounted to AZN 30.8 million, down compared to the previous year by 37.2%, the State Statistics Committee told Turan.
The sources of income are a land tax for individuals – 5,281.3 thousand manat, property tax on individuals – 5,928.3 thousand manats, etc. In general, taxes account for 37.6% of their annual income.
In 2015, revenues in the budgets of municipalities on land sales decreased by 3 times and amounted to 6.7 million manats. In addition, the lease of municipal property and land brought 3.6 million manats.
In 2015, the revenues of 53 Baku municipalities were 8.4 million AZN (14.3%), and the revenues of the 15 municipalities of the Absheron district were 5.3 million manat (-60.6%).
Municipalities spent mainly on running their management (54.9%), housing and communal services (23.3%), roads (9%), etc.
Municipalities in Azerbaijan almost do not play a role in local government. In 2015, their total expenditure amounted to only 0.16% of Azerbaijan's state budget expenses. –0--
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- Economics
- 11 April 2016 12:32
Economics
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The 11th Summit of the Organization of Turkic States (OTS) convened on November 6, marking a pivotal moment for deepening collaboration among Turkic nations under the theme "Empowering the Turkic World: Economic Integration, Sustainable Development, Digital Future, and Security for All." Leaders from member states—Azerbaijan, Kazakhstan, Kyrgyzstan, Turkey, and Uzbekistan—gathered alongside observer states Hungary and Turkmenistan, underscoring the organization’s expanding influence on the global stage.
Tramp yenidən ABŞ Prezidenti olur. Nə dəyişəcək? – Şahin Cəfərli Çətin sualda
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