BAKU, Azerbaijan, November 18. The revenues and expenditures of the Unemployment Insurance Fund under the Ministry of Labor and Social Protection of Azerbaijan for 2025 are projected at the rate of 260.7 million manat ($153.3 million), Minister of Finance Samir Sharifov said, Trend reports.
He made the remark during the discussion of the draft law “On the State Budget of the Republic of Azerbaijan for 2025” in the Azerbaijani Parliament.
Sharifov pointed out that the Unemployment Insurance Fund is set to rake in 206.4 million manat ($121.4 million) in budget revenues for 2025, while the funds earmarked to cover the expenses of the Unemployment Insurance Fund for that year, drawn from the reserve established on January 1, 2025, will amount to 54.3 million manat ($31.9 million).
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