About half of the revenues of state social security fund in January and February fell to mandatory employer contributions for social insurance. From the collection of 205 million 74.9 million fell to the budget sector, 130.1 million - to the private sector, which provided a budget surplus in the state fund of 14.8 million manats.
The share of budgetary institutions was most (63.4%) of total revenues, reached 439.6 million manat. Transfers from the state budget 137.2 million, other income 300 thousand manats.
SSPF expenses for two months totaled 407.5 million manat. Had on the payment of 401.93 million, of which most were retired - 393.7 million.
Recall that the state fund budget for 2013 was set at 2 billion 632 million 695 thousand manats. - 17D-
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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