In the ten month of 2016 the Ministry of Taxes transferred to the state budget 5 billion 707.1 million manat, which is 263.1 million manat or 4.5% less than in the same period last year, according to a press release from the Ministry of Taxes.
From the oil and gas sector it collected AZN 4 billion 310.8 million - AZN 247.4 million more than in January-October 2015.
During this period, Azerbaijan registered more than 105 thousand taxpayers. In January-October 2015 the registration covered 65.3 thousand new taxpayers.
The forecast target of the Taxes for the current year is $ 7 billion 10 million manat. And the plan for 2017 to collect taxes has been increased by 200 million manat. ---08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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