Budget of Unemployment Insurance Fund for 2019 Approved
Baku / 22.12.18 / Turan: The President of Azerbaijan Ilham Aliyev signed the law on the budget of the Unemployment Insurance Fund for 2019.
According to the document, the income and expenses of the Unemployment Insurance Fund are provided at the level of 83,451.4 thousand manat. Of these, 83,421.4 thousand manat will be formed at the expense of contributions by type of unemployment insurance, and the rest will be formed by other income.
In the structure of contributions in this segment, AZN 13,060,700 will be accounted for by organizations financed from the budget, AZN 13,060,700 - employees of organizations financed from the budget, and 57,300.0 thousand manat - extra-budgetary sector.
Funds remaining unused at the end of the year are used to finance the expenses of the following year.
The law comes into force on January 1, 2019. -06D--
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