Contributions for compulsory social insurance through the state fund by December 1, accounted for nearly 1.25 billion manat

Provisions for mandatory social insurance from the State Social Protection Fund (SSPF) on December 1, amounted to 1 billion 249.2 million manat (16.3% or 175.1 thousand in Compared to the same period last year).

According to the official press release, this is the most important part of the state fund budget in January-November 2 billion 276.6 million manat (362.9 million or 19.8%). At the same time there is a budget surplus of 49.8 million manats.

During the reported period, revenue fund increased by 14.6%. Proceeds of mandatory social insurance from the private sector amounted to 770.7 million manat (+ 20.7% or 132.2 million). Income from compulsory social insurance against individuals engaged in entrepreneurial activities, increased by 25.4%, from the landowners - by 45.2%, and recorded a triple growth in this position for the last quarter.

According to the state fund, the income of the obligatory social insurance budget organizations totaled 478.4 million manat (+ 9.8% or 42.8 million). Other income (AZN 4.6 million) fell on transfers from the state budget to the budget of the state fund, as well as other income.

The Fund's expenses within 11 months were equal to 2 billion 226.8 million manat. These primarily include the payment of pensions and benefits - 2 billion 185.5 million manat (+ 363.9 or 34.9%). Other expenses were 41.3 mln.

Total revenues and expenditures of the balanced budget of the state fund in 2012 approved for $ 2 billion 454.3 mln. - 17D-