Azerbaijan sees 4% increase in tax revenues

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From January to October 2023, the State Tax Service collected tax revenues amounting to 14,593.5 million manats ($8.58 billion), marking a 4.2% increase compared to the same period in 2022, Mikayil Jabbarov, the Minister of Economy, wrote on X, XQ informs.

“Tax revenues from the non-oil and gas sector during this time grew by 19.2%, reaching 8,387.4 million manats ($4.93 billion), compared to the corresponding period in the previous year,” the minister said.

Economy