Forecast on transfers from oil-gas sector fulfilled by 136.2%

For the January-to-March period in 2021, transfers from the oil and sector amounted to AZN 574.9 million, up AZN 152.7 million from the forecast, Report informs, citing the State Tax Service under the Ministry of Economy.

Thus, the forecast was fulfilled by 136.2%.

The receipts from the non-oil sector increased by 7.8% or AZN 109.2 million to AZN 1,510,800,000 in the reporting period, which exceeded the forecast by AZN 211.1 million: “The forecast was fulfilled by 116.2%.”

At the same time, AZN 1.1 billion (+15.8%) was transferred from the private section of the non-oil sector: “Proportion of the private section in the transfers from the non-oil sector rose from 70.8% to 76.1%. ”