Share of oil & gas sector in State Budget revenues increased

16:06 - 23.04.2024


April 23, Fineko/abc.az. The oil & gas sector amounted to 4.67 bn manats (50.6% of State Budget revenues for Jan-Mar 2024).

ABC.AZ reports, referring to the Ministry of Finance, that the figure is 472.8 million manats, or 11.3% more than predicted, and 241.7 million manats, or 5.5% more versus the 2023 same term.

In State Budget revenues for Jan-Mar 2024, 62.4% of revenues from non-oil/gas sector, or 2.914 bn manats, are revenues from tax authorities, 31.5%, or 1469.9 million manats, are revenues from customs authorities, 2.5%, or 118.8 million manats, financed from the State Budget are revenues from paid services of organizations 3.4%, or 159.4 million manats — other income, and 0.2%, or 9.2 million manats — income from the lease of state property.