Azerbaijani Social Protection Fund’s Income Exceeds AZN 700mln in January-July

Business Materials 18 August 2008 12:14 (UTC +04:00)

Azerbaijan, Baku, 18 August / Trend / The incomes of the Azerbaijani Social Protection Fund totaled AZN 753.36mln from January to July 2008, which is more by AZN 188.84mln or 33.45% compared to 2007.

The compulsory social insurance premiums touched AZN 485.82mln, as well budget organizations incomes - AZN 200.02mln and non-budget organizations - AZN 285.8mln.

State budget transferring totaled AZN 266.65mln in January-July 2008, which is more by AZN 74.31mln compared to January-July 2007. The rest incomes were AZN 0.89mln.

In 2008, expenditure touched AZN 732.36mln, which is more by AZN 164.3mln in 2007.

The payments to population made up AZN 710.65mln, labour pension - AZN 691.75mln, expenditure on compulsory state social insurance - AZN 18.9mln and other expenditure - AZN 21.71mln.