Payments to population to exceed AZN 5 bn from total expenses of Social Protection Fund

13:13 - 17.11.2021

November 17, Fineko/abc.az. Next year, the revenue growth rate of organizations financed from the budget will be 27.1% and in the non-budgetary sector 13.1%.
 
ABC.AZ reports that this was stated by chairman of the Parliamentary Committee on Labor & Social Policy Musa Guliyev during the discussion of the budget at MIlli Majlis.
 
He noted that the increase in income is conditioned with growth of the average monthly salary.
"The average monthly salary by the end of this year will be 742 manats, and next year it will increase by 65 manats up to 807 manats," Guliyev said. 
 
It was noted at the meeting that in order to balance the Fund's budget in 2022, the State Budget finances allocated to finance the obligations of the State Budget are projected to amount to AZN 1.146 bn. 96.7% of Fund’s forecasted total expenditures next year or AZN 5.133 bn will be payments to the population (AZN 226.2 million or 4.6% more than the expected performance in 2021).