Revenues of Azerbaijan's Social Protection Fund exceed forecast by 5%

The revenues of Azerbaijan's State Social Protection Fund (SSPF), operating under the Ministry of Labor and Social Protection of the Population, amounted to 5.06 billion manats ($2.98 billion) in January-July 2026, Report informs, citing the fund.

Revenues were 5% higher than the forecast.

The fund's expenditures amounted to 4.8 billion manats ($2.82 billion) during the reporting period, marking a 10% increase compared with the same period last year.

Mandatory state social insurance contributions accounted for 4.05 billion manats ($2.38 billion) of total revenues, exceeding the forecast by 6%.