Azerbaijan reduces tax revenues by 13%

In the first quarter of 2024, the State Tax Service under the Ministry of Economy received 4,281.5 million manats of taxes to the state budget. This is reported by the STS. The report says that this is down by 12.6% from the same period of 2023. Note that quarterly revenues of 2,914.2 million manats were received from the non-oil and gas sector, which is up by 11.3% from a year ago. This year, the STS budget commitments are 13,865 mil...

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