BAKU, Azerbaijan, December 9. Revenues of the State Social Protection Fund (SSPF) under the Ministry of Labor and Social Protection of the Population of Azerbaijan from January through November this year amounted to six billion manat ($3.5 billion), which is six percent, or 358 million manat ($210.59 million) more from the forecast, the ministry told Trend.
The incomes from compulsory state social insurance as part of the fund's revenues grew in the reporting period, exceeding the forecast by eight percent to 4.6 billion manat ($2.7 billion).
Meanwhile, the SSPF expenditures amounted to 5.5 billion manat ($3.2 billion), up 16 percent, or 759 million manat ($446.4 million) from the same period last year.
In 2022, revenues and expenditures of the fund's budget amounted to 5.6 billion manat ($3.29 billion)