In the four months since the beginning of this year the Ministry of Taxes transferred 2 billion 204.9 million AZN to the state budget. The Analytical Information Department of the Ministry reports the plan was surpassed by 4.8%.
Compared to the same period of 2015, the volume of the collected taxes decreased by 163 million, and compared to the same period in 2014 – by 445.5 million manats.
From this year the Ministry of Taxes has given "breathing space" to taxpayers: field tax audits, operational activities in trade and other objects virtually reduced to a minimum. Formally, it is explained with the intention of supporting entrepreneurship as part of measures to stimulate the development of non-oil economy.
This year the plan of contributing taxes and state duties to the state budget by the Ministry of Taxes has decreased by 410 million mantas, with the actual performance of the forecast for 2015 (7 billion 12 million AZN). -----08D
Economics
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Kazakh Energy Minister Almasadam Satkaliyev said on Monday that Kazakhstan and Azerbaijan continue to discuss prospects for transporting Kazakh oil through the Baku-Supsa oil pipeline, which has been idle since spring 2022, Kazakh media reported.
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The supply of Azerbaijani gas to North Macedonia will transition to a regular basis in the mid-term, an informed source told Turan.
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In Azerbaijan, the minimum consumption basket may be reassessed next year. This was discussed during a joint meeting of parliamentary committees. The last changes to the consumption basket were made a decade ago. However, during this period, inflation has risen, and the cost of the minimum living standard has also increased. Moreover, some experts believe that the current minimum consumption basket in Azerbaijan requires significant updates, with the inclusion of additional goods and services.
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Azerbaijan's draft state budget for 2025 prioritizes strategic objectives outlined by President Ilham Aliyev, including economic growth, social development, and reconstruction of liberated territories, according to senior officials speaking at a parliamentary session on Monday.
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