Tax revenues in Azerbaijan’s Nakhchivan rise by almost 28%

Tax revenues in Azerbaijan’s Nakhchivan rise by almost 28% The Nakhchivan Autonomous Republic’s budget received 116.8 million manats (just over $68.7 million) in tax revenues within the first seven months of 2024 through the State Tax Service (STS) under the Economy Ministry, Report informs, citing the STS.
Finance
August 7, 2024 17:08
Tax revenues in Azerbaijan’s Nakhchivan rise by almost 28%

The Nakhchivan Autonomous Republic’s budget received 116.8 million manats (just over $68.7 million) in tax revenues within the first seven months of 2024 through the State Tax Service (STS) under the Economy Ministry, Report informs, citing the STS.

The obtained data shows an increase of 28.7% or 26 million manats (just under $15.3 million) year-on-year.

From January through July 2024, the forecast of tax revenues in Nakhchivan was implemented by 122%.

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