Tax revenue forecast of Azerbaijani state budget overfulfilled by 3.2%
Baku, Azerbaijan, June 10
By Azad Hasanli - Trend:
Azerbaijan's Taxes Ministry transferred 2.683 billion Azerbaijani manats of tax payments to the state budget in January-May 2016, which exceeds the forecast by 3.2 percent, said the ministry.
Over this period, 44,961 taxpayers were registered in Azerbaijan.
The official exchange rate is 1.5114 AZN/USD as of June 10.
Revenues from the country's Taxes Ministry to the state budget are expected in the amount of 7.01 billion manats or 41.7 percent of total budget revenues in 2016.
Revenues of Azerbaijan's state budget have been approved in the amount of 16.822 billion manats, expenses - 18.495 billion manats for 2016. Budget forecasts are formed on the basis of oil prices at $25 a barrel.