In January-October 2015 the Ministry of Taxes provided the collection of taxes and government fees totaling 5 billion 970.2 million manat, which is 2% (174 700 000 manat) less than in the ten months of 2014.
Unlike the previous time, the Ministry of Taxes does not report the tax structure, the participation of non-oil sector in tax revenues.
For 10 months the tax base expanded to 65,367 subjects.
In 2015, under the Ministry of Taxes was planned to raise 7 billion 112 million manat. In connection with the reduction of taxes on the oil sector forecast was reduced by 100 million manat. ---08D
Economics
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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At the COP29 event titled "Climate Finance Landscape in the South Caucasus and Central Asia" held on November 14, Roland Price, Regional Director of the World Bank for the South Caucasus, highlighted the substantial economic and environmental damage faced by the countries of the South Caucasus, which she estimated at around $100 million annually.
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SOCAR Green, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), has signed a series of agreements at the COP29 summit aimed at bolstering the development of renewable energy sources, enhancing energy efficiency, and promoting sustainable growth in Azerbaijan.
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The Islamic Development Bank (IsDB) is stepping up its efforts to mobilize Islamic banking resources in the fight against climate change, President of the IDB Muhammad Sulaiman Al Jasser said on Thursday during a roundtable at COP29.
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