Azerbaijan Social Protection Fund’s revenues expected to exceed AZN 5 bn

13:09 - 29.12.2021


December 29, Fineko/abc.az. The revenues of the State Social Protection Fund of Azerbaijan are expected to amount to AZN 5.15 bn (8.5% more than in 2020).

SSPF chairman Gimalay Mamishev stated about this at a press conference devoted to the results of 2021

According to Mamishev, contributions to compulsory state social insurance are expected to reach AZN 3.8 bn (7.2% more against 2020):

"Including revenues on budget organizations are expected at the level of AZN 1.38 bn and on extra-budgetary ones – AZN 2.43 bn of insurance premiums. The State Budget transfers for this year is AZN 1.313 bn.”