"Tax revenues from non-oil and gas sector increased by 38.1 percent" - minister

An important part of the recorded increase in Azerbaijanchr("39")s tax revenues fell on the share of the non-oil and gas sector in the first half of 2022, Minister of Economy of the Republic of Azerbaijan Mikayil Jabbarov tweeted Olaylar reports.

Tax revenues from the non-oil and gas sector increased by 38.1 percent from January through June 2022 compared to the same period of 2021 and amounted to 4.398 billion manat ($2.58 billion), the minister noted.

"The forecast on tax revenues was fulfilled by 128.6 percent. The excess amount transferred to the budget totaled 1.257 billion manat ($739.8 million)," Jabbarov wrote.