(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 14. The volume of
Azerbaijani state budget revenues through the State Tax Service
under the Ministry of Economy increased from January through May
2022, Trend reports via the service.
According to the service, this figure amounted to 5.8 billion
manat ($3.4 billion), up by 52.3 percent on annual basis.
In the first five months of this year, 1.91 billion manat ($1.12
billion) was transferred through the State Tax Service to the
budget in excess of the forecast level, and thus the forecast was
fulfilled by 149.3 percent.
Meanwhile, revenues from the non-oil sector equaled 3.9 billion
manat ($2.3 billion), and the forecast was fulfilled by 130.3
percent. Funds transferred in excess of the forecast amounted to
909.5 million manat ($535 million).
The service also noted that actual revenues from the non-oil
sector grew by 1.15 billion manat ($680 million) or 41.8 percent
compared to 5M2021.
The volume of tax revenues in the regions stood at 476.5 million
manat ($280.3 million), which is 22.4 percent more year on year.
The forecast was fulfilled by 114 percent, added the service.
MENAFN14062022000187011040ID1104371923
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.