H1 revenues of Azerbaijan's State Social Protection Fund reaches 4.3B manats

Kanan Sadigov
Author

The revenues of Azerbaijan's State Social Protection Fund (SSPF), which is part of the consolidated budget, reached 4.3 billion manats in the first half of 2026, up 8.4% from a year earlier, while expenditures increased by 10.2% to 4.12 billion manats, Report informs, citing the Ministry of Finance.

The Unemployment Insurance Fund recorded revenues of 125.2 million manats during the reporting period, up 3.1% year-on-year, while expenditures fell by 7.5% to 78.1 million manats.

The Compulsory Medical Insurance Fund posted revenues of 1.01 billion manats, down 19.3% compared with the same period last year. Its expenditures rose by 13.6% to 1.15 billion manats.

The State Oil Fund of Azerbaijan reported revenues of 8.54 billion manats, a decline of 3.1%, while expenditures decreased by 11.4% to 6.43 billion manats.

During the six months of the year, the budget revenues of the Nakhchivan Autonomous Republic totaled 218.4 million manats, up 2.4% year-on-year, while expenditures increased by 6.2% to 215.7 million manats.

1 manat=$0.59

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