Azerbaijani President approves SSPF’s budget for next year

Baku. Vahab Rzayev – APA-Economics. Azerbaijani President has approved the bill on budget of State Social Protection Fund for 2011.
According to document, SSPF must take an importance measures for fulfillment of income and expenditure of budget for 2011 and report to president and Cabinet of Ministers twice in a year.
Ministry of Finance was ordered to adopt the quarterly and monthly distributions of transfers for SSPF in concordance with Fund.
Note that, the revenue and expenditure of SSPF for 2011 in accordance with the bill make AZN 1 970.540 mln. 97.3% or AZN 1 917.7 mln of expenditure was planned to spent to population.
According to document, SSPF must take an importance measures for fulfillment of income and expenditure of budget for 2011 and report to president and Cabinet of Ministers twice in a year.
Ministry of Finance was ordered to adopt the quarterly and monthly distributions of transfers for SSPF in concordance with Fund.
Note that, the revenue and expenditure of SSPF for 2011 in accordance with the bill make AZN 1 970.540 mln. 97.3% or AZN 1 917.7 mln of expenditure was planned to spent to population.
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