Tax revenues from non-oil and gas sector of Azerbaijan grew by more than 19%

Tax revenues from non-oil and gas sector of Azerbaijan grew by more than 19%
# 15 January 2024 12:55 (UTC +04:00)

"In 2023, the tax revenues from the non-oil and gas sector in Azerbaijan grew by 19.3%, compared to the previous year reaching to AZN 9 bln. 707.8 mln.," Mikayil Jabbarov, the Minister of Economy of the Republic of Azerbaijan said on X (former twitter), APA reports.

"The role of taxes in ensuring the financial sustainability of Azerbaijan is consistently growing over the years. Throughout 2023, the tax revenues collected by the State Tax Service of Azerbaijan increased by 3.8%, compared to 2022, and amounted to AZN 16 bln. 126.7 mln." minister said in his post.

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