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Revenues from compulsory state social insurance grow in Azerbaijan - minister

Economy 19 January 2022 13:11
Revenues from compulsory state social insurance grow in Azerbaijan - minister

BAKU, Azerbaijan, Jan. 19

By Nazrin Israfilova - Trend:

Revenues from compulsory state social insurance grew in Azerbaijan in 2021, the country’s Economy Minister Mikayil Jabbarov said on Twitter, Trend reports.

According to Jabbarov, this figure amounted to $3.8 billion (increase of 8 percent), whilst the forecast for them was fulfilled for 109.9 percent,

He noted that positive dynamics in this area was also registered in non-budget organizations.

Revenues from compulsory state social insurance for the above organizations increased by 15.3 percent - up to 2.4 billion manat ($1.4 billion), and the forecast for them was fulfilled for 113.2 percent, added the minister.

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