In January-July 2016 the Ministry of Taxes collected a total amount of 3 billion 849.9 million AZN, which is 254.1 million AZN or 6.2% less than for the comparable period of 2015, due to reduced revenues from the oil sector.
At the same time the Ministry of Taxes reports that it coped with the plan by 100.4%.
In July, the Ministry of Taxes collected taxes and state duties amounting to about 660 million AZN.
During this period, the number of taxpayers increased by 62.5 thousand. ------08D
Economics
-
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.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review