From July 11 retired in a centralized automated been assigned 356 retirees , most of whom (221 ??) live in the country. The remaining 135 are residents of the capital of Azerbaijan.
According to the State Social Protection Fund (SSPF ) , since the introduction of the system was 50 days. Within minutes of potential retirees are notified of the amount of pension and the address of the branch of the authorized bank , which will be granted a pension by means of plastic cards. In addition, each pensioner deported special notice of the transactions.
Just call on the telephone "hot line" 190-0, in which people who have reached retirement age, presenting the identity card number, can realize their pension rights . The process of granting a pension only takes a few minutes. While the system covers the labor of pensioners receiving a retirement pension .
Earlier, the head of the State Social Protection Fund Salim Muslimov stated that the automated assignment of disability pension and death benefit due will be implemented after the establishment of e-services, reflecting the necessary information on the purpose of pensions in other government agencies . - 17D-
Economics
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Azerbaijan has introduced new rules to simplify the leasing of agricultural land on liberated territories, aiming to attract investments and enhance agricultural productivity, according to a presidential decree issued on November 27, 2024.
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The Asian Development Bank (ADB) allocated $10.5 million to support the retail sector in Azerbaijan, marking another step in its ongoing support for the country’s economic modernization. These investments align with Azerbaijan's broader ambitions to diversify its economy and strengthen small and medium-sized enterprises (SMEs), which are key pillars of sustainable growth.
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At today’s session of the Milli Majlis, Azerbaijan’s parliamentarians discussed and approved in the first reading a draft law increasing the minimum subsistence level for 2025. The updated figures reflect a modest rise of 10 manats, setting the nationwide living wage at 285 manats. For specific demographics, the levels are 305 manats for the working population, 232 manats for pensioners, and 246 manats for children. The same session also approved the criterion of need at 285 manats for the coming year, aligning it with the national living wage.
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This year, the plans of the Australian holding Fortescue Future Industries (FFI) for developing "green" projects in Azerbaijan have been adjusted, though negotiations initiated two years ago are ongoing, an informed source told Turan.
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