Tax revenue forecast of Azerbaijani state budget overfulfilled by

26 November 2024

Tax revenue forecast of Azerbaijani state budget overfulfilled by 3.2%

17:01 10 June 2016 Read: 1337

Tax revenue forecast of Azerbaijani state budget overfulfilled by 3.2%

Azerbaijan`s Taxes Ministry transferred 2.683 billion Azerbaijani manats of tax payments to the state budget in January-May 2016, which exceeds the forecast by 3.2 percent, said the ministry.

Over this period, 44,961 taxpayers were registered in Azerbaijan.

The official exchange rate is 1.5114 AZN/USD as of June 10.

Revenues from the country`s Taxes Ministry to the state budget are expected in the amount of 7.01 billion manats or 41.7 percent of total budget revenues in 2016.

Revenues of Azerbaijan`s state budget have been approved in the amount of 16.822 billion manats, expenses - 18.495 billion manats for 2016. Budget forecasts are formed on the basis of oil prices at $25 a barrel.

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