In January-August 2015 the Ministry of Taxes transferred AZN 4 billion 565.3 million to the state budget in taxes, state fees and financial sanctions. That's 279.6 million manats or 5.8% less than in the same period of 2014.
Despite the decline in tax revenues, the Ministry of Taxes noted that the forecast was fulfilled by 101.4%.
In the first eight months of this year, the tax base increased by 52,897 new taxpayers. During the same period last year they recorded 1,388 subjects more. ----08D
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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