Azerbaijan reduces tax receipts by 11%

In January-May 2024, tax receipts in Azerbaijan amounted to 7.5 billion manats.This was reported by the State Tax Service under the Ministry of Economy. According to the data, this is down by 10.9% from the same period of 2023. Of the 5-month revenues, 5.2 billion manats came from the oil and gas sector. This is up by 13.8% from a year ago. This year, the budget commitment of the state tax service is 13.9 billion manats. About 54% of thi...

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