2024-06-30 06:56:15
Amendments to the funds of the Unemployment Insurance coverage Fund for 2024 have been accepted in Azerbaijan.
As Day.Az reported on Tuesday, this concern is mirrored within the clarification of the invoice “On Amendments to the Regulation of the Republic of Azerbaijan “On the Funds of the Unemployment Insurance coverage Fund for 2024”,” which was mentioned immediately at a gathering of the Milli Majlis (parliament).
It was famous that as a part of the profitable social reforms carried out underneath the management of the President of the Republic of Azerbaijan Ilham Aliyev, with a view to strengthen measures associated to employment, the start of the introduction of an unemployment insurance coverage system within the nation has shaped a versatile monetary mechanism to enhance the social safety of the unemployed (job seekers) and implementation of lively employment measures.
Based mostly on the evaluation of the efficiency indicators of the funds revenues of the Unemployment Insurance coverage Fund for 2023 and for 4 months of the present yr, a rise in revenues from unemployment insurance coverage premiums is predicted by the tip of the yr. Thus, the draft legislation “On Amendments to the Regulation of the Republic of Azerbaijan “On the Funds of the Unemployment Insurance coverage Fund for 2024″” proposes to extend revenues from unemployment insurance coverage premiums to 4,700,000.00 manats (from 179,976,800.0 manats to 184,676,800.0 manats). On the identical time, it’s projected that the share of revenues within the off-budget sector will probably be 139,300,000.0 manats.
Since changes to bills usually are not offered for this yr, by the tip of 2023 the unused a part of the Unemployment Insurance coverage Fund was decreased from 57,953,200.0 manats to 53,253,200.0 manats (by 4,700,000.0 manats).
After dialogue, the modifications have been put to a vote and adopted within the third studying.
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