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Main Trends of the Budget and Tax Policy of the Republic of Azerbaijan

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.52, No. 2)

Publication Date:

Authors : ;

Page : 89-94

Keywords : state budget revenues; state budget expenditures; fiscal policy; classification; taxes.;

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Abstract

In the article the authors state that the adoption of taxes as financial support for the activities of the state and municipalities imposes on them the task of solving social problems. Among the revenues of the state budget, receipts from the State Oil Fund of the Republic of Azerbaijan also occupy a large and significant place, but in the amount of revenues from the Oil Fund in the respective years, both growth and decrease are observed. Thus, the fiscal policy for 2017 was prepared taking into account the priorities of the strategic development of the Republic of Azerbaijan in accordance with the main trends and challenges in the global economy, medium-term fiscal and financial policies. Therefore, in 2018 in the non-oil sector, GDP growth is projected.

Last modified: 2018-08-06 00:06:36