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
20:28
Video
Muradov: Azerbaijani engineers living in Europe can make significant contribution to the country
Diaspora20:23
Baku updates information on sailors affected in Azov Sea attack
Foreign policy20:18
Rafael Schvartzman: High European airport charges are hurting airlines
Infrastructure20:13
2026 Chovgan World Championship in Baku: match schedule approved
Team sports20:10
Stefano Titotto: Smart cities need smart materials
Business18:02
German professor names key platform for developing cooperation with Azerbaijani engineers
Business17:51
IATA supports raising threshold for compensation for flight delays
Infrastructure17:47
Majnun Mammadov: Investment in digitalization and logistics will reduce food losses
AIC17:44