Minister: It’s important to apply additional amounts to the tax on energy consumption as interest

Minister: It’s important to apply additional amounts to the tax on energy consumption as interest
  • Clock-gray 09:19
  • calendar-gray 20 October 2016

According to him, effective use of energy plays an important role in reduction of demand for it: “At the same time, increasing energy resources also limits use of oil and gas. In order to ensure effective use of energy resources, state standards and norms should be prepared”.

 

Aliyev added that it’s also important to apply additional amounts to the tax on energy consumption as interest depending on more usage of energy: “As a result of these measures, taking into account the doubling of per head GDP to $13,000 by 2020, 99.9% of population will be supplied with energy and per head energy productin will increase up to 2,500 kWh in 2018”.

 

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