23% of AZN 1.610 bln of these transfers will come from oil sector, 77% or AZN 5.4 bln from non-oil sector.
Transfers from non-oil sector through tax authorities will increase by AZN 588 mln or 12.2% compared to 2016’s approved budget, AZN 370.7 mln or 7.4% from 2015.
The transfers by Ministry of Taxes in the approved budget made AZ 6,602,000,000.
Finance Minister Samir Sharifov said on January 28 that the state budget was revised, the transfers from Ministry of Taxes will be decreased AZN 2 bln.
Ministry of Taxes to increase budget transfers by AZN 400 mln
17 February 2016
Read: 1200
AZN 7,010,000,000 or 41.7% of the revised state budget for 2016 will come from Ministry of Taxes, up AZN 408 mln or 6.2% from the approved budget, down AZN 108.3 mln or 1.5% compared to 2015 budget execution, AzVision.az reports citing to draft amendments to the law on "State Budget of Azerbaijan for 2016".
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