SSPF’s revenues exceed forecast by 2%

SSPF’s revenues exceed forecast by 2%
# 29 December 2012 12:48 (UTC +04:00)

Baku. Ali Ahmedov – APA-Economics. Revenue forecast of State Social Protection Fund was overfulfilled, said the SSPF chairman Salim Muslumov.

According to him, if we take last two days of the year into consideration, AZN 1.434 bln-compulsory state social insurance premium will be transferred to the SSPF budget. This means that the forecast was fulfilled by 102%: “That’s AZN 26.5 mln was transferred to the budget additionally. According to our initial forecasts, the charges from non-budget sector had to be AZN 770 mln, but it will make AZN 880 mln. ”

In general, social insurance charge from non-budget sector was AZN 160 mln or 22.2% upper than previous year.

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