The revenue part of Tajikistan’s national budget has been estimated at more than 15.4 billion somonis (equivalent to more than 1.3 billion U.S. dollars), which was 5.1 percent or almost 783 million somonis (equivalent to 69 million U.S. dollars) more than the revised volume, according to the Ministry of Finance (MoF) Secretariat.
The budget’s revenue part has reportedly been overfulfilled due to tax receipts. Over the reporting period, the share of tax receipts in the budget’s revenue part has amounted to 70 percent.
In January-July this year, receipts from the value added tax (VAT), income tax and profit tax have reportedly accounted for about 65 percent of the total tax revenues.
Representatives of the Tax Committee under the Government of Tajikistan say the tax receipts have increased due to the country’s economic growth, appearance of new enterprises and creation of new jobs.
Meanwhile, local experts say increase in tax receipts has resulted from increasing tax burdens.
An expert on the Tajik economy, who wanted to remain unnamed, says, “To fulfill target set by the government our tax officers raise tax rates where it is still possible, and first of all for business.”
