Tax collections in oil & gas sector increased by 9.4%

12:32 - 12.05.2025


May 12, Fineko/abc.az. Over Jan-Apr 2025, State Budget tax revenues from the oil & gas sector amounted to 4.948 billion manats, or 71.5% of all tax collections of the State Tax Service.

ABC.AZ reports with reference to the STS that tax collections from the non-oil/gas sector grew by 9.4% compared with Jan-Apr 2024.

For Jan-Apr 2025, State Budget revenues from the STS, in general, reached 6.923 billion manats (4% more versus Jan-Apr 2024).

The plan for theTax Service’s transfers to State Budget 2025 is set at 15.5 billion manats. Thus, for Jan-Apr 2025, the tax authorities fulfilled the planned task by 31.9%.