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Azerbaijan's state budget revenues from State Customs Committee exceeds forecast

Business Materials 11 February 2021 17:01 (UTC +04:00)
Azerbaijan's state budget revenues from State Customs Committee exceeds forecast

BAKU, Azerbaijan, Feb. 11

By Fidan Babayeva - Trend:

The revenues of the state budget of Azerbaijan through the State Customs Committee (SCC) exceeded the forecast by 2.8 percent in 2020, Trend reports citing the Azerbaijani Ministry of Finance.

According to the ministry, from January through September 2020, the State Customs Committee transferred 3.94 billion manat ($2.31 billion) to the state budget.

Thus, receipts from the SCC exceeded the forecast by 108.2 million manat ($63.6 million)

The state budget revenues from paid services and other revenues from organizations financed from the state budget amounted to 596.1 million manat ($350.6 million).

From January through September 2020, through the State Customs Committee of Azerbaijan, the volume of receipts to the state budget exceeded the forecast by 1.1 percent or 33 million manat ($19.4 million), reaching 2.95 billion manat ($1.73 billion).

(1 USD = 1.7 manat on Feb.11)

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Follow the author on Twitter: @Fidan_Babaeva

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