2024-06-10 01:39:20
Within the information introduced by the Ministry of Financial system of the Republic of Azerbaijan in 2023, the initially forecast common month-to-month wage for 2024 was indicated within the quantity of 980 manats, and based mostly on up to date macroeconomic indicators it’s projected within the quantity of 990 manats.
As Day.Az reviews, the chairman of the Milli Majlis (parliament) committee on labor and social coverage, Musa Guliyev, mentioned this in the present day throughout a dialogue of adjustments to the regulation of the Republic of Azerbaijan “On the funds of the State Social Safety Fund for 2024.”
He famous that the expansion of wages within the non-budgetary sector causes a rise in contributions to obligatory state social insurance coverage within the non-budgetary sector.
“Taking this into consideration, it’s advisable that within the funds of the State Social Safety Fund for 2024, the quantity of income from contributions to obligatory state social insurance coverage within the extra-budgetary sector ought to be adjusted and elevated from the present 3,387.1 million manats to three,577.1 million manats. On the similar time On the similar time, it’s proposed to extend the quantity of bills for the fee of labor pensions by 25 million manats – from 6500.0 million manats to 6525.0 million manats. On the similar time, the prices of sustaining the equipment and native divisions of the Fund are elevated by 5 million manats to 135.1 million manats. Additionally, bills for banking operations on pensions and advantages had been elevated by 30 thousand manats. With a view to stability the Fund’s funds, the quantity of funds (transfers) allotted from the state funds to finance state funds obligations will likely be diminished by 160 million manats and can quantity to 1,232.0. million manats. Thus, the Fund’s bills had been elevated by 30 million manats, or 0.4 p.c, to 6949.9 million manats. In consequence, the adjusted revenues and bills of the SFSF funds for 2024 had been elevated by 30 million manats, amounting to six,949,860 thousand. . manats,” mentioned M. Guliyev.
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