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Azerbaijan discloses projected revenues to state budget via State Tax Service for 2022

Economy Materials 10 November 2021 18:42 (UTC +04:00)

BAKU, Azerbaijan, Nov. 10

By Sadraddin Aghjayev - Trend:

The projected revenues from the oil and non-oil sectors to the Azerbaijani state budget through the State Tax Service under the Ministry of Economy have been disclosed, Trend reports on Nov. 10 referring to the Azerbaijani draft state budget for next year.

The revenues worth 6.8 billion manat $4 billion (77.6 percent) are expected to account for the non-oil sector while 22.4 percent or 1.9 billion manat ($1.1 billion) - for the oil sector.

The revenues to the state budget through the State Tax Service exceeded 6.3 billion manat ($3.7 billion) from January through September 2021, which is by 20.2 percent or 1.06 billion manat ($623 million) more than the forecast figure.

Some 73.9 percent or about 4.7 billion manat ($2.8 billion) out of this amount accounted for revenues from the non-oil sector while 26.1 percent or 1.7 billion manat ($1 billion) - from the oil sector.

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