Azerbaijan Social Protection Fund’s Income Increase by almost 90%
Azerbaijan, Baku /corr. Trend U.Ismaylova / The revenue of Azerbaijan Social Protection Fund in January to October totalled AZN 879,55mln, an increase of AZN 413,46mln (88.71%) from the same period of 2006, the Fund reported.
During this period, the Fund's income from the social insurance totalled AZN 617,88mln. The social insurance income from the budget organizations in this period totaled AZN 208,93mln or a decrease of 37.47% from the forecasted amount. The income for the non-budget organizations amounted to AZN 408.95mln or an increase of 31.93% from the forecast.
In January to October the transfers from the Public budget totalled AZN 260.38mln. The Fund allocated AZN 770.85mln to provide for social pensions.