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Azerbaijan's tax revenues from private sector up in 2021

Economy News 19 January 2022 11:50
TurkicWorld Mustafa Askerbeyli
Azerbaijan's tax revenues from private sector up in 2021

Azerbaijan's tax revenues from the private sector grew in 2021, the country’s Economy Minister Mikayil Jabbarov said on Twitter, TurkicWorld reports.

According to Jabbarov, this figure amounted to 6.9 billion manat ($4 billion), up by 24 percent compared to 2020.

Tax revenues to the budget of Azerbaijan from the private entities of the non-oil sector increased by 20.3 percent to 4.8 billion manat ($2.8 billion), and their share in the total portfolio of non-oil revenues reached 75.5 percent, he added.

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