Салим Муслимов
Pensions will increase by only 5.7 percent
Baku / 10.02.18 / Turan: Minister of Labor and Social Protection of Population Salim Muslimov today commented on the President's decree on increasing the insurance part of pensions. They will be increased in accordance with the growth rate of the average monthly salary in 2017.
"In 2017, the growth rate of the average monthly wage was 5.7 percent, according to which the pensions will be increased by 5.7 percent," the minister said. He said that pensions for February will be calculated with consideration of the increase in pensions in January and February.-06D--
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
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.
-
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.
-
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.
Leave a review