Revenues from some types of insurance increased in Azerbaijan

In January-October 2023, revenues from contributions to compulsory state social insurance exceeded 4.2 billion manats, oxu.az reports with reference to the State Tax Service under the Ministry of Economy. According to the data received, this is 14.4% more than in the same period last year.

In particular, over the past year, revenues from non-budgetary organizations increased by 15.3% and amounted to 2.7 billion manats. During the reporting period, receipts from unemployment insurance premiums increased by 15.8% and amounted to 148.7 million manats, including receipts from non-budgetary organizations increased by 15.5% and amounted to 110.1 million manats.

During the year, revenues from contributions to compulsory health insurance increased by 15.6% and amounted to 765.3 million manats, including revenues from non-budgetary organizations increased by 16.8% and amounted to 539.2 million manats.

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