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INCOMES TO STATE FUND OF SOCIAL SECURITY INCREASE 19.8%

Business Materials 15 July 2005 15:12 (UTC +04:00)

The State Fund of Social Security fulfilled the forecast on incomes (1,164,5bn manats) over January-June 2005 at 19.8% or 192.3bn manats increase as compared to 2004.

Though the rate on social insurance decrease by 4 points, incomes on obligatory social insurance went up by 15.4% or 96bn manats and comprised 719.3bn manats. The incomes on obligatory social insurance of non-budget organizations made up 461.6bn manats at 11.1% increase.

The expenditure over January-June 2005 made up 1141.9bn manats at 18.5% or 178bn manats increase. The incomes gave an opportunity to finance pensions and benefits.

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