Azerbaijan increases the State Social Protection Fund's budget for 2024 by AZN 30 million.
Azerbaijan increases the State Social Protection Fund's (SSPF) budget for 2024, raising revenues and expenses by AZN 30 million, according to the draft law on Amendments to the Law of the Republic of Azerbaijan "On the budget of the State Social Protection Fund for 2024." The SSPF budget increases from AZN 6,919,860,000 to AZN 6,949,860,000. Compulsory state social insurance fees will rise from AZN 5,288,135,400 to AZN 5,478,135,400 due to increased social insurance premiums for the non-budget sector.
June 25, 2024
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