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Azerbaijan discloses revenues from social insurance contributions

Economy Materials 15 November 2022 15:46 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 15. Azerbaijan's revenues from mandatory state social insurance contributions amounted to 3.7 billion manat ($2.17 billion) from January through August 2022, the State Tax Service under the Ministry of Economy of Azerbaijan told Trend.

This figure increased by 18.4 percent, or 573.6 million manat ($336.9 million) compared to the same period in 2021.

Income from unemployment insurance premiums grew by 19.6 percent year over year and totaled 128.4 million manat ($75.4 million).

Receipts from compulsory health insurance contributions rose by 39.4 percent against the same period in 2021 and exceeded 622 million manat ($365.35).

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