13:24 - 28.07.2020

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July 28, Fineko/abc.az. Thus, following the 1st half of 2020 the premiums on mandatory social insurance amounted to AZN 1.708 bn (by 14.7% more against the forecast).

ABC.AZ reports that this is stated in the message of the State Tax Service.

The premiums gathered more than the projected amount reached AZN 218.8 million.

In comparison with the results of the 1st half of 2019, the premiums on mandatory social insurance increased by 34.1% or AZN 434.6 million.

Compared with the 2019 same term, premiums on the budget sector totaled AZN 235.7 million or 51.3% and on the non-tax sector AZN 198.9 million or 24.4%.

The Unemployment Insurance Fund’s revenues for Jan-Jun 2020 amounted to AZN 58.5 million (by 9.2% more versus the forecast. Compared with Jan-Jun 2019 the revenue growth made up 24.5%.

Revenues on the budget sector grew by AZN 5.7 million or 45.3% versus the 2019 same term and on the non-tax sector by AZN 5.8 million or 16.8%.