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Azerbaijan's tax revenues from private sector up in 2021

Economy 19 January 2022 11:13
Azerbaijan's tax revenues from private sector up in 2021

BAKU, Azerbaijan, Jan. 19

By Nazrin Israfilova - Trend:

Azerbaijan's tax revenues from the private sector grew in 2021, the country’s Economy Minister Mikayil Jabbarov said on Twitter, Trend reports.

According to Jabbarov, this figure amounted to 6.9 billion manat ($4 billion), up by 24 percent compared to 2020.

Tax revenues to the budget of Azerbaijan from the private entities of the non-oil sector increased by 20.3 percent to 4.8 billion manat ($2.8 billion), and their share in the total portfolio of non-oil revenues reached 75.5 percent, he added.

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