Baku. Vahab Rzayev – APA-Economics. In January-March, 2012, State social Protection Fund’s income made AZN 689.6 mln, up 32.5% from year earlier. According to SSPF Press Service, the inflows from compulsory state social insurance rose 10.5% to AZN 297.8 mln.
59.1% or AZN 176.1 mln of compulsory state social insurance inflow came from non-budgetary sector. This type of inflow rose 12.2%, and the forecast was fulfilled by 104.9%. Inflows from individuals soared 12.7%.
Inflows from budget-financed organizations stood at AZN 121.7 mln, up 8.2%. The forecast was fulfilled by 93.2%.
The expenditures made AZN 606.4 mln. The Fund directed AZN 599.0 mln to financing of pensions and benefits, up 31% from year earlier.
Insurance part of all labour pensions has risen 7.9% since January 1, 2012.
Other expenditures of SSPF made AZN 6.6 mln, down 15.8% in comparison to a year earlier.
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