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Azerbaijan forecasts volume of excise, road tax revenues to its state budget

Finance Materials 16 October 2024 22:46 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, October 16. Revenues to the state budget of Azerbaijan from excise and road taxes will amount to 1.84 billion manat ($1.08 billion) and 142.8 million manat ($84 million) in 2025, respectively.

Data obtained by Trend from the country's Ministry of Finance shows that excise taxes will account for 4.8 percent of the total revenues to the state budget.

In addition, revenue from road tax will grow by 12.1 percent.

To note, revenues to the state budget of Azerbaijan from the Azerbaijani State Customs Committee in 2023 increased by 12.08 percent compared to 2022, up to 6.3 billion manat ($3.7 billion).

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