Azerbaijan allocates 470 million manat for low-income family aid in 2027 budget

Baku, 5 November. Azerbaijan's Minister of Labour and Social Protection of Population, Anar Aliyev, spoke during a joint session of the National Assembly's Labour and Social Policy Committee and Economic Policy, Industry and Entrepreneurship Committee, while the draft law on the 2027 budget of the State Social Protection Fund was discussed, AZERTAC reported.

Aliyev said 470 million manat is planned for next year for targeted state social assistance to low-income families. A further 1.6 billion manat is envisaged to finance state budget obligations within the insurance pension system.

He noted that 1.1 billion manat is planned in the next state budget for insurance premiums paid from state budget funds under compulsory medical insurance. He added that 133.5 million manat is envisaged in next year's budget for financing paid public works aimed at the social protection of unemployed people.