Azerbaijan's mandatory state personal insurance costs to reach over 62M manats

State mandatory personal insurance expenditures in Azerbaijan are expected to amount to 62.1 million manats ($36.5 million) this year, 21.8% more compared to the previous year, Report informs, citing the Ministry of Finance.

During the reporting period, state mandatory personal insurance costs are forecast to account for 0.1% of total expenditures under the economic classification.