Azerbaijani population accumulated 2.4 billion manat tax debt

Azerbaijani population accumulated 2.4 billion manat tax debt

Taxpayers currently owe 2.4 billion manat to the state budget.

As reports “Armenpress” citing report.com news website, Tax Deputy Minister Sahib Alakbarov told journalists today in Baku.

According to him, the level of volunteer taxpayers is 70 percent.

According to the Azerbaijani State Statistics Committee, in January, compared to December, food product prices rose by 8.7 percent, non-food products – 5.6%, services rendered to population-5.8 percent.

The cash circulation decreased by 2.1 times in a year in Azerbaijan, simultaneously the foreign currency deposits increased by 3.1 times during the year and on December by 51.4% or by 705.5 million manat making up 60% of the total money supply.

Because of the economic crisis precipitated by the decrease of oil prices and twice depreciated AZN exchange rate, the number of people who borrowed from credit organizations increased by 229 thousand 184 people making up 2 million 545 thousand 724 people.

 

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