IMF to help Azerbaijan develop single methodology for budget forecasts

Issues on tax collections in 2006 and forecasts for 2007 were discussed at the meeting, the Ministry told APA.

Minister said the country's economic growth, growing enterprises, and improved tax collection pushed up tax inpayments from the non-oil sector.

Vitali Kramarenko said expressed support for efforts to reduce tax debts.

Technical assistance to development of tax system in the country was also discussed at the meeting.

The parties agreed that it is possible in the future to discuss technical assistance to development of a single methodology for the affect of long-run macroeconomic indicators on budget forecasts, improvement of VAT administrating and reduction of tax debts.