OREANDA-NEWS. November 24, 2011. Azerbaijani Parliament continues debates on the bill on state budget for 2012.

Today at the debates Tax Minister of Azerbaijan Fazil Mammadov stated that under the draft budget tax revenues in 2012 will reach AZN 5.31 bn level including AZN 3.18 bn on oil and gas sector.

" 81.3% of budget revenues will be provided on the line of Tax Ministry not taken into account transfers from State Oil Fund",- F. Mammadov said.

He also noted that unlike many world countries that usually resort to increase if tax burden during global financial crisis Azerbaijan observes its annual reduction. Together with social taxes , in 10 months of the year tax burden totaled 21,5% (17.9% not taken into account social payments).