In 2016 the Ministry of Taxes contributed 7 billion 15.1 million manat to the state budget, which was 103 million manat or 1.5% less than in the previous year. At the same time the Ministry of Taxes coped with the annual forecast, and even exceeded it by 5 million manat.
Last year, the tax base expanded by 145,800 subjects, 2 times more than in 2015 (76,800).
According to the state budget for 2017, the Ministry of Taxes has to contribute taxes and state fees in the amount of 7 billion 210 million manat. ----08D
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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