Growth Rate of Tax Incomes from Non-oil Sector of Azerbaijan Leaves Behind Oil Indicators

Business Materials 7 November 2008 16:50 (UTC +04:00)

Azerbaijan, Baku, 7 November / Trend corr. I.Khalilova / "The planned indicators on collection of tax payments were fulfilled by 107% from January to October in 2008," Zaur Fatizade, the head of the Central Department for economic analyses and organization of state registration of commercial juridical figures of the Ministry of Taxes, said on 7 November.

The public budget got AZN 5026.7mln from the Ministry of Taxes, rising by 25.1% or AZN 1bln as compared to the same indicator of 2007.

According to Fatizade, growth took place by 50% through the non-oil sector as compared to the same period of 2007. Tax incomes from oil sector rose by 13% or AZN 365mln.

The exchange rate for US dollar is AZN 0.8086.

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