About a third of revenues of the State Social Protection Fund (SSPF) in January fell on income from social insurance. Of the 74.6 million manat listed for this purpose, the share of state budget organizations was 18 million manat and private enterprises - 56.6 million manat. Overall, January's income of SSPF was 212 mln.
This created a budget surplus fund of AZN 14.8 million or 7% to the income of the Fund for the reported month. Transfers from the state budget amounted to 137.2 million manat, and other income - AZN 0.3 mln.
The Fund's expenses for January 2012 amounted to 197.2 million manat. For payments to the population there was transferred 195.2 million manat, including payments for pensions - 192.4 million manat, benefits - 2.8 million manat, and other expenses - AZN 2 million.
Recall, the SSPF income and expenses for the year are projected at 2 billion 632 million 695 thousand manats. - 17D-
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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