Baku 12° C
Azerbaijan's State Social Protection Fund expenditures rise over 10%
Finance
- 22 July, 2026
- 10:33
Add Report.az to preferred Google sources
Stay up to date with the top news!
In the first half of 2026, the expenditures of Azerbaijan's State Social Protection Fund (SSPF) under the Ministry of Labor and Social Protection of the Population increased significantly. Report informs, citing the fund.
Compared to the same period last year, spending rose by 380 million manats (just over $223.5 million), representing a growth of 10.2%. As a result, total expenditures surpassed 4 billion manats (approximately $2.353 billion).
According to the data, 97% of expenditures for the six-month period were directed to payments to the population.
Author
Latest News
12:13
Georgia stands to gain from stronger ties with China, Azerbaijan and Türkiye, politician says
Region
12:11
Azerbaijan to introduce state duty for registering foreigners at place of stay
Finance
11:32
Armenia, UK agree on defense cooperation program for 2026-2027
Region
11:26
Chinese ambassador congratulates Azerbaijan on Victory Day
Foreign policy
11:24
Ambassador: China-Azerbaijan co-op in demining - important component of global security
Foreign policy
11:19
Azerbaijan to abolish state duty for renewable energy permits
Finance
11:17
China and Azerbaijan maintain frequent high-level contacts, ambassador says
Foreign policy
11:14
Lu Mei: China-Azerbaijan trade reached $3.46B
Foreign policy
11:04
Ambassador: China supports continuation of Azerbaijan's chairmanship in CICA
Foreign policy