BAKU, Azerbaijan, Dec. 22
By Fidan Babayeva - Trend:
The income and expenses of the Unemployment Insurance Fund in 2021 will amount to 157.8 million manat ($92.8 million), which is by 6.6 million manat ($3.9 million) or 4.3 percent more than the forecast for this year, Trend reports with reference to the Azerbaijani Ministry of Finance.
The income and expenses of the State Social Protection Fund in 2021 are projected at 5.1 billion manat ($3 billion).
"The funds which are allocated to finance the liabilities of the state budget will reach 1.6 billion manat ($941 million) to balance the budget of the State Social Protection Fund," the ministry said. "This figure is by 442.6 million manat ($260.3 million) or 37.2 percent more than the forecast in 2019."
The revenues and expenditure of the budget of the Fund for 2020 were approved at 128.2 million manat ($75.4 million) each.
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