12:42 - 25.06.2024

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June 25, Fineko/abc.az. The cost of paying labor pensions is increased by 25 million manats.

ABC.AZ reports that this was reflected in the draft law on amendments to the Law on the Budget of the State Social Protection Fund for 2024, considered at today’s Milli Majlis meeting. According to the draft, the cost of payments to the population will be increased from 6.68 bn manats up to 6.706 bn manats.

Within this framework, the cost of paying labor pensions will increase from 6.5 bn manats up to 6.525 bn manats.

The costs of co-financing the activities of a body (institution) determined by the relevant executive authority for the organization of social services for the population, as well as the costs of banking operations on pensions and benefits and other fees for services are increased from 78.5 million manats up to 78.53 million manats, the costs of maintaining the staff and other structural units bodies (institutions) determined by the relevant executive authority – from 130.11 million manats up to 135.08 million manats.

After discussion, the bill was put to the vote and adopted in the 3rd reading.