Next year's rise in salaries, pensions and allowances disclosed
Social security
- 06 December, 2021
- 08:59
Next year, salaries will increase by an average of 40-50%, and pensions by an average of 40-45 manats, said chairman of the Milli Majlis Committee for Labour and Social Policy Musa Guliyev, Report informs.
According to him, in 2022, the amount of some pensions and social benefits will almost double, and therefore steps must be taken to protect social welfare against the background of rising prices:
"It was noted during the budget discussions in the Milli Majlis that the price growth in the first half of next year might stop completely. If inflation averages 8-10% this year, it could fall to 3-4% next year, which means earnings will exceed expenditures."
Latest News
16:06
Baku, Kabul mull interaction in mine clearance, emergency situations
Foreign policy15:56
Population increases in Azerbaijan's Nakhchivan Autonomous Republic
Domestic policy15:56
SOCAR and Oman's OQ group discuss new opportunities for cooperation
Energy15:50
Egypt accepts offer to join Trump's Board of Peace
Other countries15:38
Azerbaijan and Morocco increase bilateral trade to $8.7 million
Business15:34
Azerbaijan, Moldova discuss prospects for cultural cooperation
Cultural policy15:31
Abdullayev: SOCAR honored with Digital Lighthouse Award for digital transformation
Energy15:30
Director: SOCAR Carbamide Plant fully meets domestic demand
Energy15:18