Tax revenues from non-oil and gas sector in Azerbaijan up by more than 9%

Kanan Sadigov
Author

Non-oil and gas sector accounted for 4.95 billion manats ($2.91 billion), or 71.5%, of tax revenues in Azerbaijan during January-April of this year, Report informs, citing the State Tax Service under the Ministry of Economy.

According to the agency, this is 9.4% more than in the same period last year.

In January-April, revenues to the state budget through the State Tax Service amounted to 6.92 billion manats ($4.07 billion), 4% more than a year ago.

This year, the agency is expected to transfer 15.5 billion manats ($9.12 billion) to the state budget. Thus, 31.9% of this amount was provided in four months.

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