Receipts from social, unemployment and compulsory medical insurance up in Azerbaijan

In the months of January-August of this year, the receipts from compulsory state social insurance in Azerbaijan amounted to 3.37 billion million manats ($1.98 billion), up 14.4%, or 425.8 million manats ($250.5 million), from the same period of 2022, Report informs referring to the State Tax Service under the Ministry of Economy.

Some 2.18 billion manats ($1.28 billion) of the 8-month revenues fell to the share of non-budget organizations, 15.6% more than a year ago.

In the reporting period, the unemployment insurance premiums amounted to 119.1 million manats 9$70 million), 15.4% more than the same period last year. In particular, the incomes of non-budget organizations increased by 15.5% to 87.9 million manats ($51.7 million).

In the reporting period, the compulsory medical insurance fees increased by 16.2% compared to the same period last year and amounted to 609.7 million manats ($358.66 million). In particular, the revenues from non-budget organizations increased by 18.2% and amounted to 428.1 million manats ($251.8 million).

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