In October, the number of workers employed in Azerbaijan decreased by 2.7 thousand people or 0.2%, the State Statistics Committee.
As of November 1, 1 million 513.7 thousand people who work for wages were employed in the economy. In comparison with the beginning of the year, employment grew by 17.6 thousand people.
As of November 1,888.4 thousand people (+1.7 thousand) worked in the public sector, and 625.3 thousand people (-4.4 thousand) worked in the private sector. ----08D
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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