Azerbaijan increases unemployment insurance receipts by more than 12%
In January-October 2024, receipts on unemployment insurance premiums in Azerbaijan totalled AZN 167 million. This was reported by the State Tax Service under the Ministry of Economy.
According to the data, this is up by 12.3% from the same period of 2023.
Of the 10-month receipts, AZN 126.4 million came from extra-budgetary organisations, which is up by 14.9% from a year ago.
Note that the budget of the Unemployment Insurance Fund under the Ministry of Labour and Social Protection this year is AZN 238 million. At that, 184.7 million manats with revision should be formed at the expense of unemployment insurance contributions. About 90% of this amount has been accumulated in the reviewed period.
Finance
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All 6 companies ('Eliko', 'Delta Capital', 'Zuhur', 'Baku Central Valuta', 'Meta-Kapital' and 'Money Shop'), to which the Central Bank of Azerbaijan (CBA) issued a licence for currency exchange services, meet the capital requirements of the regulator.
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In spite of the fact that the third quarter of 2024 is over, the Azerbaijani government has yet to announce the amount of public debt as of the end of September.
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The State Examination Centre (SEC) is holding an open tender for voluntary medical insurance for its employees. This is reported on the unified internet portal of state procurement.
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