State Budget income forecast for implemented by 102.1%

This figure is a 69.5% or AZN 634.2 mn rise on the same period last year, APA reports.

Of the budget revenues, AZN 1027.1 mln (66.3%) was paid by Taxes Ministry, AZN 249.5 mln (16.1%) by State Customs Committee, AZN 226 mln (14.6%) by the SOFAZ, AZN 39.4 mln (2.5%) by budgetary institutions, AZN 3.8 mln (0.2%) by other sources, AZN 1.5 mln (0.1%) by the State Committee for Management of Public Property.

During this period AZN 346.2 mln of VAT, AZN 68.5 mn of excise taxes, AZN 431.1 mln of income taxes, AZN 43.6 mln of mining taxes, AZN 65.2 mln of customs duties were paid to the State Budget.

State Oil Fund (SOFAZ) delivered AZN 226 mln to the Budget which represents a 176 mln or 3.5 times rise on the same period of 2005.