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Revenues from compulsory state social insurance grows in Azerbaijan

Economy News 19 January 2022 13:17
TurkicWorld Mustafa Askerbeyli
Revenues from compulsory state social insurance grows in Azerbaijan

Revenues from compulsory state social insurance grew in Azerbaijan in 2021, the country’s Economy Minister Mikayil Jabbarov said on Twitter, TurkicWorld reports.

According to Jabbarov, this figure amounted to $3.8 billion (increase of 8 percent), whilst the forecast for them was fulfilled for 109.9 percent,

He noted that positive dynamics in this area was also registered in non-budget organizations.

Revenues from compulsory state social insurance for the above organizations increased by 15.3 percent - up to 2.4 billion manat ($1.4 billion), and the forecast for them was fulfilled for 113.2 percent, added the minister.

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