Azerbaijan raises receipts on compulsory health insurance by 16%
In January-February 2024, receipts on contributions to compulsory medical insurance in Azerbaijan totalled 153.2 million manats.
This was reported by the State Tax Service under the Ministry of Economy.
The report says it is up by 15.5% from the same period of 2023.
Including the last year, receipts on off-budget organisations rose by 13.9% to AZN 110.4 million.
This year, the budget of the Compulsory Health Insurance Fund is AZN 2,811.4 million. AZN 815.1 million of them should be formed at the expense of compulsory health insurance contributions. For 2 months, 18.8% of this amount has been collected.
Finance
-
On November 19, Finance Minister Samir Sharifov stated in the Milli Majlis (National Assembly) that fines issued to citizens in Azerbaijan sometimes do not reach the state budget. According to him, a new software system has been developed to address this issue and ensure proper oversight of fine payments.
-
‘Baku Stock Exchange' (BSE) has started its work since 19 November to take part in the annual meeting of the World Federation of Exchanges (WFE), which will end on 22 November.
-
There is additional potential in Azerbaijan associated with budget receipts from leasing of state property.
-
In 2025, AZN 1,162.6 million is forecasted to be allocated from the state budget to 56 public legal entities in Azerbaijan.
Leave a review