Budgets of state social funds in Azerbaijan rise by 10 %

Next year the budgets of the State Social Protection Fund (SSPF) and Unemployment Insurance Fund (UIF) under the Ministry of Labour and Social Protection will be about 10% higher than this year. This is stated in the relevant draft laws. Thus, it is expected that in 2025, the revenues and expenditures of the SSPF will amount to AZN 7,676.4 million. This is up by 10.45 % from the approved forecast for 2024. The SSPF's revenues will be fo...

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