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Azerbaijan forecasts increase in state budget revenues from excise tax

Finance Materials 25 October 2022 12:29 (UTC +04:00)
Azerbaijan forecasts increase in state budget revenues from excise tax
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 25. The revenues to the state budget of Azerbaijan from excise tax are forecasted at 1.3 billion manat ($764 million) in 2023, Trend reports citing draft law on Azerbaijan's state budget for next year.

This indicator is 7.5 percent more than the approved forecast for 2022.

According to the draft law, the revenues of the state budget of Azerbaijan for the next year are forecasted at level of 30.7 billion manat ($18 billion), and expenditures - of 33.3 billion manat ($19.5 billion).

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