BAKU, Azerbaijan, December 29. President of the
Republic of Azerbaijan Ilham Aliyev has approved the law on the "State Social Protection Fund’s budget for
2026", Trend
reports.


According to the law, the budget expenses of the State Social
Protection Fund (SSPF) under the Ministry of Labor and Social
Protection of Population are projected to be 8.48 billion manat ($5
billion) in 2026, which represents a 10.5% increase compared to
this year.







Out of these expenses, 8.3 billion manat ($4.9 billion) will be
covered by the fund’s revenue (a 9.3% increase), while 160 million
manat ($94.3 million) will be financed from the unspent balance at
the end of the current year (a 2.7-fold increase).