The State Statistics Committee, as of 1 December the average wage amounted to 462 manat, as a month earlier. At the beginning of the year, we recall, this figure was 444.3 manat.
However, even the State Statistics Committee recognizes the decline in employment - so that by 1 December in the economy were employed 1.504 million people versus 1,504,700 by November 1, 1,506,300 by October 1, 1,509,800 by September 1 and 1,516,100 by January 1.
By December 1, 877 400 employees were employed in the public sector. --17D-
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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