State Tax Service increases budget transfers by 65%

For the January-to-September period of 2022, 10,451.4 million manats ($6.15 billion) were transferred to the state budget through the State Tax Service under the Ministry of Economy, up 10.2% from the forecast, 64.5% from the same period in 2021,

For the January-to-September period of 2022, 10,451.4 million manats ($6.15 billion) were transferred to the state budget through the State Tax Service under the Ministry of Economy, up 10.2% from the forecast, 64.5% from the same period in 2021, Qazet.az informs, citing the Finance Ministry.

In the structure of the transfers, 4,259.7 million manats ($2.51 billion) came from the oil sector, 6,191.7 million ($3.64 billion) from the non-oil sector, respectively, up 2.6-times and 31.9% from the previous year.

nforms, citing the Finance Ministry.

In the structure of the transfers, 4,259.7 million manats ($2.51 billion) came from the oil sector, 6,191.7 million ($3.64 billion) from the non-oil sector, respectively, up 2.6-times and 31.9% from the previous year.