Azerbaijan’s biggest taxpayers beat 1Q predictions

Azerbaijan’s biggest taxpayers beat 1Q predictions
# 23 April 2007 10:17 (UTC +04:00)
With an exception of the State Oil Company of Azerbaijan (SOCAR), other nine biggest taxpayers transferred a total of AZN 52.3mln to the state budget with a surplus over the predictions (119%).
The taxes Ministry told APA-Economics that the Communications and Information Technologies Ministry came short of meeting the forecast by 22.3%, Caspian Shipping Company 16.1%, Azerkimya State Chemicals Maker 54% and Baku Metro 8.7%.
Azerenergy State Electricity Company met the predictions 149%, State Railway Company 109.3%, Azerbaijan Airlines (AzAL) 113.2%, Azerigas State Gas Supply Company 117.3%, Azersu State water Company 142.7% while SOCAR met AZN 188.7mln of the planned AZN 238.9mln (except subsidies) at a deficit of 21%. /APA-Economics/

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