2024 budget transfers of tax authorities in Azerbaijan to be down by 8%

In 2024, the State Tax Service under the Ministry of Economy is expected to transfer 13,865 million (down 7.5% from the approved forecast for 2023) manats ($8.2 billion) to the budget, Report informs, citing the Ministry of Finance.

During the months of January-June 2023, 1,993 million manats ($1.2 billion) were transferred to the state budget, 27.7% more than the approved forecast for the state budget's 6-month incomes.