In 2012, the average monthly nominal, ie salary in Azerbaijan amounted to AZN 396 (without taxes and social security). This is 8.7% more than in 2011. In this case, in December last year, the average salary reached 428.8 manat.
The government promises to increase wages and employees of budget organizations this year. Many people, citing the experience of previous years, believe that it will happen closer to the presidential elections scheduled for October. The last time the salaries of state employees were promoted in December 2011.
In Azerbaijan, the lowest wages are at educators (283 AZN) and health (164 AZN). Salaries of civil servants (about 29,000 people) in 2011 averaged 448.3 manat. In the higher echelons of power, the figure was 1,000 manat.
According to the State Committee for Statistics by sectors of economic activity more than other workers earn the mining industry, pilots, communications, finance and insurance companies, transport companies and builders. - 08B-
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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