Yesterday just over a month after the government revealed its $2.5 million budget plan for 2012 Prime Minister Tigran Sarkisian explained just where the $268 million in tax revenues was to be generated. There are three primary sources it seems: from a tax on luxury automobiles, a tax hike on the upper class, and high excise taxes on expensive alcoholic beverages.
Pres. Aliyev was celebrating last week his country’s historic victory at the United Nations. With an overwhelming number of votes, Azerbaijan was elected for the first time to the prestigious UN Security Council for a two-year term.
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