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Azerbaijani ministry shares forecast on state budget revenues from non-oil sector for 2023

Economy Materials 22 September 2022 15:01 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, September 22. Revenues from the non-oil sector in Azerbaijan are projected to make up 14.5 billion manat ($8.5 billion) in accordance with the draft budget for 2023, the Finance Ministry of Azerbaijan told Trend.

According to the ministry, revenues from the State Tax Service under the Ministry of Economy are projected to equal 8.38 billion manat ($4.93 billion).

"From the line of the State Customs Committee, revenues are projected to be nearly 4.75 billion manat ($2.8 billion), paid services to the population - 726.5 million manat ($427.3 million), and other revenues - over 562 million manat ($330.6 million)," the Finance Ministry said.

In accordance with the draft budget for next year, the total revenues are projected to make up over 30.72 billion manat ($18.07 billion), and expenditures - 33.3 billion manat ($19.6 billion).

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