Summarized indicators of tax revenues and duties for January-May of 2023
Since December 12, 2022, due to the blockade of the Republic of Artsakh caused by Azerbaijan, the usual business activities related to import of raw materials and export of products, infrastructure failures and a number of other issues continue to be disrupted, which in turn had its negative impact on the indicator of January-May of 2023 budget income collecting. In particular, according to the preliminary data, in January-May of 2023 11,893.9 million drams of tax revenues and duties were entered into state budget of the Artsakh Republic, which was 70 percent to the planned 17,000 million drams or less by 5,106.1 million drams. Compared to the same period of last year, the collected revenues were underperformed by 25.8 percent or 4,127.2 million drams were collected less.
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