...

Azerbaijan calculates budget revenues from state property lease in 1H2024

Business Materials 5 August 2024 16:48 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, August 5. The volume of revenues to the state budget of Azerbaijan from lease of state property amounted to 17.8 million manat ($10.5 million) in the first half of 2024, Trend reports.

Data from the State Service on Property Issues under Azerbaijan's Ministry of Economy shows that this figure grew 10.1 percent year-on-year.

Meanwhile, 308 new lease agreements for non-residential premises were concluded, which brought 3.3 million manat ($1.9 million) to the state budget.

At the same time, from January through June 2024, 1,518 new land lease agreements were concluded, which made it possible to replenish the budget in the amount of 14.5 million manat ($8.5 million).

In general, in the first half of this year, 1,826 new lease agreements for non-residential premises and land plots were concluded, which is 4.88 percent more than the same period in 2023.

Tags:
Latest

Latest