State Tax Service increases budget transfers by 16% 

For the January-to-November period of 2021, 7,961,800,000 manats were transferred to the consolidated budget through the State Tax Service under the Ministry of Economy, up 21% from the forecast, 15.7% from the same period in 2020, Report informs, citing the Service.

In the structure of the transfers, 5,871,100,000 manats came from the non-oil and gas sector, 14.8% more than the forecast and 13.5% higher than a year earlier.

In the reporting period, the regions transferred 866.6 million manats to the state budget. This figure is 14.3% more than the forecast and 9.3% more than the same period of the previous year.