Baku, Azerbaijan, Feb. 2
By Anvar Mammadov - Trend:
Azerbaijan plans to attract about 6,000-7,000 families to the self-employment program in 2018, Salim Muslumov, the country’s minister of labor and social protection of population, told reporters in Baku Feb. 2.
“As you know, last year we adopted the “Law on Unemployment Insurance,” which came into force on Jan. 1 this year,” Muslumov said. “The funds to be collected as part of this law will be accumulated in the Unemployment Insurance Fund, and about 40 percent of these funds will be directed to implementation of self-employment programs.”
The minister reminded that last year, 6 million manats were allocated for the self-employment program, and the program covered about 1,300 families.
The fund’s revenues and expenditures for 2018 are approved at 89.04 million manats.
Of the total expenditures of the fund, 35.802 million manats will be allocated for organization of events for self-employment, 33.478 million manats - for unemployment insurance benefits, 13.709 million manats - for maintaining administration of the employment service and its local bodies, 1.788 million manats - for paid public work, 1.613 million manats - for professional training and additional education, 1.38 million manats - for co-financing (together with an insurer) of a part of salary of those insured for a certain period, 1.15 million manats - for career counseling, 120,000 manats - for organization of labor fairs and stock exchanges.
(1.7001 manats = 1 USD on Feb. 2)