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SSPF expenditures to increase by 13% next year

SSPF expenditures to increase by 13% next year

13 October 2011 09:48 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. State Social Protection Fundâ€™s budget incomes and expenditures are forecasted to be AZN 2,454.3 mln next year, According to forecasts made by Economic Development Ministry, GFDP growth rate will make 5.1% (AZN 46.8 bln) in 2013, 7.7% (AZN 52 bln) in 2014 and 6.5% (AZN 52 bln) in 2015.

The report says, in 2012, the incomes will be upper AZN 288.8 mln or 13.3% than 2011, AZN 689.2 mln or 39% than 2010.

Expenditures also will be upper AZN 288.8 mln or 13.3% than 2011, AZN 685.7 mln or 38.8% than 2010.

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