15:40 - 6.12.2024

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December 6, Fineko/abc.az. Over Jan-Nov 2024, tax revenues in the Nakhchivan Autonomous Republic amounted to 202.8 million manats, or 28% more than the forecast.

ABC.AZ reports that NAR Deputy Minister of Economy, Acting Minister Abbas Ismayilov made this statemernt during his meeting with entrepreneurs in Nakhchivan.

According to Ismayilov, tax revenues grew by 34.9% against Jan-Nov 2023 and by 74.4% versus Jan-Nov 2022.

In addition, the acting minister said that over the past 11 months there has been an increase in receipts on compulsory state social insurance by 8.1%, unemployment insurance by 11% and compulsory health insurance by 16.7%.

In 10 months, turnover of non-cash transactions increased by 71% year-on-year, he added.

Ismayilov pointed out that for 11 months of 2024, tax revenues from active facilities that make cash payments to the population increased by 49.7% versus the previous year up to about 9.1 million manats.