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
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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