Azerbaijan reduces tax revenues by 6%
In January-September 2024, the State Tax Service under the Ministry of Economy transferred about 12 billion manats to the state budget. This is reported by the Service.
According to the data, this is down by 6% from the same period of 2023.
Of the 9-month tax revenues, 8.4 billion manats, or 70%, came from the oil and gas sector. This is up by 13.4% from a year ago.
The revised budget commitment of the State Tax Service this year is 15.3 billion manats. 78.5% of this amount was collected in the reviewed period.
Leave a review
Finance
-
Rising prices for electricity, natural gas and heat in Azerbaijan since the beginning of this year may have a significant impact on annual inflation at the level of 0.51 %.
-
The Central Bank of Azerbaijan (CBA) forecasts that an average price of a barrel of oil in the world market in 2025 will be $77.3, and the price of 1000 cubic metres of natural gas - $349.
-
The Central Bank of Azerbaijan (CBA) forecasts that by the end of 2025 the country's economic growth will be 3.3 %, including the production of gross domestic product (GDP) in the non-oil and gas sector to grow by 5.2 %.
-
According to updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be about 5.5 % in 2025 and about 3.8 % in 2026.This is reported on the CBA's website.
1 comment
Samir
2024-10-10
9 aylıq vergi daxilolmalarının 8,4 milyard manatı və yaxud 70%-i qeyri-neft-qaz sektorunun payına düşüb - 70%????? Bu, mümkün deyil.