Açiq mənbələrdən foto.
Baku/05.01.23/Turan: Since January 1, the minimum monthly wage in Azerbaijan has been raised from 300 to 345 manats ($203) or by 15%. Average monthly wage in the country rose by about this much in 2022. An appropriare order was issued on January 5 by President Ilham Aliyev.
In accord with the decree "On Additional Measures to Improve Social Welfare of the Population," the government is to submit proposals aimed at raising the minimum amount of labor pensions from 240 to 280 manats (+16.6%), as well as social benefits and scholarships.
Experts note that an increase in the monthly minimum wage will be followed by an increase in social insurance payments for individual entrepreneurs, which will worsen their social conditions. If before the beginning of this year they paid 75 manats per month to the Social Insurance Fund, then from January this year this amount will amount to 86.25 manats. Besides, the pension capital required from them can be raised from 34,560 to 40,320 manats. -08D-
Economics
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
-
In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
Leave a review