Social protection expenditure in Azerbaijan up 62%

Social protection expenditure in Azerbaijan up 62% In 2024, 521 million manats ($306.5 million) or 1.4% of the state budget expenditures in Azerbaijan will be allocated to social protection expenditures, Report informs, citing the Ministry of Finance.
Finance
October 16, 2023 13:03
Social protection expenditure in Azerbaijan up 62%

Azerbaijan will allocate 521 million manats ($306.5 million) or 1.4% of the state budget expenditures to social protection in 2024, Report informs, citing the Ministry of Finance.

According to information, this is 62.3% more than the approved forecast of 2023.

Social protection expenditure will make 11.5% of social protection and social security costs.

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