Forecast on income tax of individuals grew by 13% for 2023

12:28 - 25.10.2022

October 25, Fineko/abc.az. The Azerbaijani government predicts that next year income tax receipts from individuals will amount to AZN 1.68 bn, ABC.AZ reports, referring to the Bill on the State Budget for 2023.

The figure is by 13.1% more against the approved forecast for 2022.

In 2023 the State Budget revenues will amount to AZN 30.7 bn and expenditures AZN 33.3 bn (by 5.2% and 3.1% more, respectively, than in the approved forecasts for 2022). Eventually, State Budget deficit should amount to AZN 2.579 bn (by 16.95% less than year-on-year).

 

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