STATE SOCIAL PROTECTION FUND`S RECEIPTS AND OUTLAYS TO INCREASE 26.3% IN 2009

09.11.2008 [14:02]
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According to chairman of the State Social Protection Fund Salim Muslumov, socio-economic reforms in Azerbaijan resulted in increasing the state budget and Fund`s receipts and outlays.

While drawing up the budget, the Fund took into consideration the next year`s macroeconomic policy, employment policy, demographic changes as well as insurance pensions.

Fund predicts a 26.3% increase of budget revenues (1,775,550,000 manats in 2009). Budget expenditures on increasing minimum pensions will amount to 1,210,000 manats. Fund predicts pensioners will number 1,290,000 next year.

STATE SOCIAL PROTECTION FUND`S RECEIPTS AND OUTLAYS TO INCREASE 26.3% IN 2009

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