About half of the revenues of the state Social Protection Fund (SSPF) for January-March amounted to compulsory employer contributions to social insurance. Received a total of 685.1 million AZN 339.3 million or 49.53% were exactly at this position (127.9 million occurred in the budgetary organizations, 221.4 million - to the private sector). The remaining income (with a few exceptions) - transfers from the state budget.
The share of non-budgetary institutions was the most (62.3%) of the total compulsory social security revenues.
State Fund expenses in the first quarter amounted to 614.9 million manat. On payment of pensions aimed 592.2 million manat. Payments for benefits for various purposes were 13.3 million manats. For modernization, maintenance staff, operations and other expenses spent 9.4 million manat.
Recall that the state fund a balanced budget for 2013 was set 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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