Incomes from social, unemployment and compulsory medical insurance rise in Azerbaijan

In January-November of this year, the receipts on compulsory state social insurance taxes exceeded 4.6 billion manats ($2.7 billion) (+13.9%) in the conditions of the process of "whitening" the number of employees and the wage fund in Azerbaijan, Report informs, citing the State Tax Service under the Ministry of Economy.

Over the past year, the incomes of non-budgetary organizations increased by 15.8% to 3 billion manats ($1.8 billion).

During the reporting period, the income from unemployment insurance premiums increased by 15.2% to 163.6 million manats ($96.2 million), and the income from non-budgetary organizations rose by 16.4% to 121.2 million manats ($71.3 million).

During the year, revenues from compulsory health insurance fees increased by 14.8% to 842 million manats ($495.3 million), with revenues from non-budgetary organizations increasing by 17% to 593.3 million manats ($348 million).

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