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Azerbaijani Social Protection Fund to Exceed AZN 3.5bln in 2009

Business Materials 31 October 2008 16:58 (UTC +04:00)

Azerbaijan, Baku, 31 October / Trend , corr. U.Ismayilova /Under the project of the state budget for 2009, the fund of the States Social Protection Fund will make up AZN 3.55bln.

Fund's expenditure and income are AZN 1.77bln.

Fund's income from compulsory social insurance payment totals AZN 1.27bln, enterprises which are financed from the state budget -  AZN 460mln; employees of enterprises which are financed from the state budget - AZN 62.72mln, subsidies from the state budget - AZN 20mln, individuals which are occupied in entrepreneurship - AZN 22.30mln.

The expenditure structure for 2009: payment to the population - AZN 1.7bln including payment of labour pensions - AZN 1.66bln, payment of basis part of labour pensions - AZN 1.21bln, payment of insurance part of pensions- AZN 450mln, payment of social insurance - AZN 47.47mln, payment of jobless allowances - AZN 3.60mln and other expenditure.        

The correspondent can be contacted at: [email protected]

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