Today's plenary session of the Milli Majlis passed the laws "On Living Wage for 2015" and "On the need criterion for 2015".
According to the first law, the cost of living for 2015 is set at 131 manat, including AZN 140 for able-bodied citizens AZN 108 for pensioners and children. For comparison - this year the cost of living for one person is calculated at 125 manat, including AZN 136 for the working population and AZN 103 for pensioners and children.
Parliamentarians have added five manat to the current need criterion (100 manat). At their will, this figure will be 105 manat next year. Recall that the need criterion is important for determining the amount of targeted social assistance, applicable from January 2006. Its size is determined based on the difference between the "need criterion" and the size of income for each family member. Families, whose income per person, is below this criterion, are the recipients of targeted social assistance. --17D-
Economics
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Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
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