Bank Of Baku

SSPF gets 13.6% in non-budgetary receipts

SSPF gets 13.6% in non-budgetary receipts
# 11 June 2014 14:09 (UTC +04:00)

Baku. Aynur Aliyeva - APA-Economics. Share of receipts on compulsory social insurance premiums in the revenues of the State Social Protection Fund is increasing throgh non-budgetary receipts, said the SSPF chairman Elman Mehdiyev.

 

SSPF PR sector told APA that the compulsory social insurance premiums collected during 5 months made AZN 664.7 mln (64.7% or AZN 430.1 mln from non-budgetary receipts, + 13.6%), up 11.8% from previous year.

 

SSPF directed AZN 1,166.4 mln to financing pensions an benefits, up AZN 154.1 mln or 15.2% copmared to a year earlier. 

 

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