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Azerbaijan reveals growth in budget revenues from state property leasing

Economy Materials 18 October 2023 14:48 (UTC +04:00)
Azerbaijan reveals growth in budget revenues from state property leasing
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 18. The state budget of Azerbaijan received 24.4 million manat ($14.3 million) from leasing state-owned real estate properties from January through September 2023, the country's Economy Minister Mikayil Jabbarov wrote on his page on X, Trend reports.

He said that this represents a 24 percent increase year-on-year.

Azerbaijan's state budget revenues from leasing state property equaled 24.8 million manat ($14.59 million) in 2022.

Overall, last year, 115.4 million manat ($67.8 million) was transferred through the State Service of Azerbaijan for Property Issues to the state budget, up by 1.2 percent on an annual basis.

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