Azerbaijan reduces tax revenues by 7%

The State Tax Service under the Ministry of Economy transferred AZN 11,227.5 million to the state budget in January-August 2024. According to the statement published by the structure, this is down by 7.1% from the same period of 2023. Of the 8-month tax revenues, AZN 7,744.2 million, or 69%, came from the non-oil and gas sector. This is up by 12.8% from a year ago. The budgetary obligation of the State Tax Service this year is AZN 15,270...

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