Economy Minister: Social payments exceeded forecast by AZN 107 million in Q1

In the first quarter of 2021, more than AZN 895 million was transferred to the state budget from the contributions on compulsory state social insurance, Minister of Economy Mikayil Jabbarov said Thursday.

“This figure is AZN 107 million higher than forecasted. Of this, AZN 75.1 million came from off-budget organizations. Transparency in the labor market is increasing,” he said.