In January-November 2024, unemployment insurance premiums in Azerbaijan totalled AZN 183.9 million.This is reported by the State Tax Service under the Ministry of Economy.
According to the data, this is up by 12.4% from the same period of 2023.
Of the 11-month revenues, AZN 139.1 million came from the off-budget sector, which is up by 14.9 % up from a year ago.
This year, the budget of the Unemployment Insurance Fund under the Ministry of Labor and Social Protection is AZN 238 million. Of these, AZN 184.7 million should be formed at the expense of unemployment insurance contributions.
Note that 99.6 % of this amount was collected in the reviewed period.
Finance
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The Central Bank of Azerbaijan (CBA) has issued a warning to ‘PashaPay’.
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On 11 February, the Ministry of Finance, the Swiss State Secretariat for Economic Affairs (SECO) and the World Bank jointly organised an opening session of trainings on ‘Implementation of the New Budgetary Mechanism in Azerbaijan and Capacity Building in this area’.This was reported by the Ministry.
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Chairman of the Central Bank of Azerbaijan Taleh Kazimov has met with members of the Azerbaijan Fintech Association.This was reported by the chief banker himself.
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Subscription for ordinary, undocumented, registered shares of ‘Legion Financial’ JSC (provides leasing services) with the code AZ1001025464 ISIN, worth AZN 605, 000 has started today. This is reported by ‘Baku Stock Exchange’ (BSE).
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