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Azerbaijani State Social Security Fund Publicizes Forecasts of Budget for 2007

Business Materials 14 June 2007 19:57 (UTC +04:00)

Azerbaijan, Baku / Trend / The State Social Security Fund of Azerbaijan publicized forecasts of the budget for 2007.

According to the forecasts, the approved incomes will make up AZN 920.19mln, and corrective incomes AZN 989.66mln.

Approved payments on obligatory social insurance will make up AZN 670.73mln, corrective payments AZN 709.7mln. Current incomes of the Fund will make up AZN 1.22mln.

Transfers to the public budget will make up AZN 248.24mln, and corrective AZN 278.74mln.

According to the forecasts of the Fund, expenditures in 2007 will comprise of AZN 920.19mln, and corrective expenditures AZN 989.66mln. Payments to the population will account for AZN 869.9mln, and corrective payments AZN 938.1mln.

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