Social Protection Fund’s expenses increased in 9 months

10:55 - 17.10.2024

October 17, Fineko/abc.az. The revenues of the State Social Protection Fund for the first 9 months of this year amounted to 5.111 billion manats (3%, or 158 million manats more than predicted).

ABC.AZ reports that according to the SSPF, income from compulsory state social insurance as part of SSPF’s revenues increased by 3%, or by 140 million manats and reached 4.153 billion manats.

SSPF’s expenditures for Jan-Sept 2024 totaled 5.147 billion manats (13% or 612 million manats more versus the 2023 same term).