Tax Revenues To Azerbaijan's State Budget Increase| MENAFN.COM

Monday, 08 August 2022 04:25 GMT

Tax Revenues To Azerbaijan's State Budget Increase


(MENAFN- AzerNews)

By Trend

The State Tax Service under the Ministry of Economy of the Republic of Azerbaijan exceeded the forecast for revenues to state budget by 46.7 percent from January through June 2022, country's Finance Ministry told Trend .

According to the ministry, the amount transferred to the budget in excess of the forecast amounted to 2.06 billion manat ($1.2 billion).

Totally, over 6.4 billion manat ($3.7 billion) were transferred to state budget through the State Tax Service during the reporting period (an increase of 49.3 percent over the year).

At the same time, revenues from non-oil sector amounted to about 4.3 billion manat ($2.5 billion), which is 1.2 billion manat ($705.8 million), or 38 percent more than the same period 2021.

--

Follow us on Twitter @AzerNewsAz

  • Tags:
  • State Tax Service

MENAFN05072022000195011045ID1104482596


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.