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Azerbaijan experiences rise in turnover via next-gen cash registers

Economy Materials 8 May 2024 10:25 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, May 8. Azerbaijan's turnover through new generation cash registers exceeded 7.3 billion manat or $4.29 billion from January through April 2024, which is 11.1 percent more than the indicator of the same period last year, Trend reports via the State Tax Service under the Ministry of Economy of Azerbaijan.

The service's data shows that more than 97,735 new generation cash registers have been installed in trade and service facilities as of May 1, 2024.

Their installation has been carried out in stages since the second quarter of 2019.

To note, the turnover through new generation cash registers almost reached 22 billion manat, or $12.94 billion in 2023, which is an increase of 14.2 percent.

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