The State Customs Committee revealed the data on the customs duties and taxes collected in December - 235 million manat. Thus, in 2016 from customs duties on import and export of goods the state budget received 2 billion 291.6 million manat.
Compared to 2015, the amount of customs duties and taxes increased by about AZN 700 million or 43.9%.
The growth of customs revenue has been marked on the background of the double devaluation of national currency and reduction of imports by 6%. In other words, SCC should not have much difficulty to exceed the annual plan.
In 2017, according to the state budget, SCC expects to collect 2.2 billion manat. --08D--
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review