SSSF formed 83% of its budget in 2023 through social insurance contributions

In 2023, contributions to the compulsory state social insurance in Azerbaijan amounted to about 5.2 billion manats. This was reported by the State Tax Service under the Ministry of Economy. The report says that this is up by 13.3% from 2022. In particular, over the past year, revenues from non-budgetary organizations rose by 15.1% and amounted to 3.3 billion manats. It is worth recalling that the budget of the State Social Security Fund...

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