Baku/18.10.13/Turan : In the first nine months of this year, the Ministry of Taxes in the state budget received 4 billion 951.6 million manat. This is 8.5% more than in the comparable period of 2012.
In the Tax Ministry told Turan, that of non-oil sector in the state budget received 2 743.8 million manat, which is 3.8 % pre6vysil figure for last year.
The three main tax items ( profit tax , VAT, income tax) , as well as last year , we have 74.1 % of the tax deductions.
According to the draft state budget for 2014 , it is projected to provide to the Treasury under the Ministry of Taxes 7.1 billion manat, 700 million or 11% of the expected rate for the year. - 08D-
Economics
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The Milli Majlis (Parliament) of Azerbaijan began discussions on Monday regarding the draft state budget for 2025, which projects expenditures of AZN 41.368 billion.
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Azerbaijan’s livestock sector has demonstrated modest growth in domestic production, yet it faces significant challenges as imports of meat and dairy products surge. Recent data from the State Statistics Committee underscores this dichotomy, revealing increases in local output but an even sharper rise in imports, accompanied by persistent price inflation.
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Azerbaijan's agricultural sector faces a critical moment as modest growth in grain production fails to offset a troubling decline in productivity. Data from the State Statistics Committee shows that total grain and legume production grew by 0.7% year-on-year, reaching 3.2 million tons by November 1, 2024. However, this growth is overshadowed by a sharp 6.2% drop in yield, highlighting structural inefficiencies in the sector.
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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