Baku 7° C
Azerbaijan sees 70% growth in social insurance premiums over past three years
Finance
- 13 April, 2021
- 06:26
Revenues of the State Social Protection Fund under the Ministry of Labor and Social Protection of the Population increased by 39% to AZN 4.8 billion in 2018-2020, Report informs, citing the Ministry.
According to the document, the premiums from social insurance fees rose by 70% to AZN 3.6 billion. The growth was 84% in the state sector, 63% in the private sector.
Transfers from the state budget to the Fund dropped 10% to AZN 1.2 billion.
Author
Latest News
17:57
Manchester City identify summer transfer targets
Football17:51
Venice faces flooding risk as 15 high tides recorded in nine days
Other countries17:38
Azerbaijan imports $8.79M worth of HVAC systems from Türkiye
Business17:31
At least 12 killed in road accident in northern Afghanistan
Other countries16:50
Armenian soldier hospitalized in Yerevan after group assault
Region16:32
Azerbaijan cuts spending on grain and legume imports from Türkiye by nearly 10%
Business16:07
Azerbaijan imports $16.2M worth of electrical products from Türkiye
Business15:49
Islamic State affiliate claims resposibility for Islamabad mosque bombing
Other countries15:32