Azerbaijan's consolidated budget surplus exceeded $ 5 million
In January-September 2024, receipts to the consolidated budget of Azerbaijan totalled AZN 37,141.5 million, and deductions from the budget - AZN 28,472.2 million. This was reported by the Ministry of Finance.
According to the data, they are up by 0.7% and 9.9% from the same period of 2023 respectively.
The consolidated budget ended up with a surplus of AZN 8,669.3 million or $ 5,099.6 million, down 21.1 % from a year ago.
Finance
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The international rating agency ‘Fitch’ has once again confirmed the long-term credit rating of the Mortgage and Credit Guarantee Fund in foreign and local currency at the level of ‘BBB’, equal to the country's rating as ‘stable’, the Fund reported.
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In January-October 2024, the State Tax Service under the Ministry of Economy received AZN 14,148.4 million of taxes to the state budget.This is in the structure's statement.
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The Central Bank of Azerbaijan (CBA) will accept regular applications for participation in the special regulation regime from 15 December this year to 15 January next year. This is reported on the CBA website.
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State-owned International Bank of Azerbaijan (IBA) will hold an extraordinary meeting of shareholders on 13 December at 15:00. The bank announced this in the official press.
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