Tax Revenues Decreased by 4.5%
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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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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