12:22 - 13.04.2023

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April 13, Fineko/abc.az. State Social Protection Fund’s expenditures amounted to AZN 1.49 bn for the first quarter of 2023 (15%, or AZN 194 million more against Q1 of 2022).

ABC.AZ reports with reference to the SSPF that revenues for the 1st quarter of this year totaled AZN 1.56 bn (7%, or AZN 100 million more than predicted). 
As part of Fund's revenue, receipts on mandatory state social insurance continued to grow. These receipts increased by 9% or AZN 101 million for Jan-Mar 2023 compared with the forecast and reached AZN 1.19 bn.

Over the past 3 months SSPF expenditures increased by 15% or by AZN 194 million (versus Jan-Mar 2022) up to AZN 1.49 bn.