Social Protection Fund revenues grew almost by one third

12.04.2019,17:15


April 12, Fineko/abc.az. The revenues of the State Social Protection Fund under the Ministry of Labour of Azerbaijan amounted to AZN 1.276 bn for Jan-Mar 2019.

According to the SSPF, revenues increased by 27.7% compared to the same term of 2018.

"Revenues from compulsory social payments for the reporting period amounted to AZN 573.5 million that is by 12.9% more than in the 1st quarter of last year. At the same time, 64% or AZN 367.1 million of income was ensured due to revenues from the private sector," the Fund said in a  statement.