Social Protection Fund’s expenses grew by 6%


May 19, Fineko/ The expenditures of the State Social Protection Fund under the Ministry of Labor & Social Protection amounted to AZN 1.767 bn for Jan-Apr 2022 (AZN 101 million, or 6% more versus Jan-Apr 2021), ABC.AZ reports with reference to the SSPF.

"The growth of SSPF’s expenses is based on steady increase in payments for pensions, benefits, targeted social assistance and on expanding the coverage of the social protection system of the population," the organization said.