New Year's greetings to pensioners were reported by the State Social Protection Fund, with the early completion of the financing of the regional offices.
According to the State Fund, its revenues by 1 December amounted to 2 646.5 million manat (+ 8.3% over the same period last year). Income from compulsory social insurance amounted to 1 billion 537 million manat (+ 9.9%). The share of the private sector was more than a third - 999.5 million manat (+ 13.4%).
SSPF expenses in January-November 2014 amounted to 2 619.4 million manat, of which 2 568 300 000 manat or 98% was directed to the payment of pensions and benefits.
As of December 1, 2014 the State Social Protection Fund registered 1,290,092 labor pensioners. At the same time pension on seniority is received by 60.8% of total labor pensioners, pension on disability – by 28.3%, pension on the loss of breadwinner - 10.9%. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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