During 10 months of 2012, the Ministry to collect taxes to the state budget in taxes and penalties 5 259.7 million manats. This is 7.9% more than in the comparable period of 2011.
In the department of analytical information Taxes told Turan, that the share of non-oil sector accounted for 2,768 million or 52.6% of tax revenues. In comparison with the same period in 2011 revenues from non-oil sector rose by 13.9%.
From the beginning, there were registered 60,668 new taxpayers. All on the first of November in the country recorded 472,126 taxpayers. It should be noted that over the past 12 months, the number of taxpayers grew by only 58.6 thousand, which indicates that some companies and individuals stopped their activities. - 08D-
Economics
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BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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