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
15:47
Iran parliament speaker warns of strikes on regional energy infrastructure
Region15:38
US spending on Iran war exceeds $27 billion
Other countries15:20
Finland's president says US role as ‘hegemon of good' has diminished
Other countries15:15
Azerbaijani judokas to compete on final day of Tbilisi Grand Slam
Individual sports15:08
Iran faces near-total internet outage for more than 500 hours
Region15:04
Format, schedule changed for FIFA Series 2026 tournament in Azerbaijan
Football14:59
Qatar: Three Turkish citizens killed in helicopter crash – UPDATED
Other countries14:41
Photo
Azerbaijan receives international award for tennis development
Individual sports14:18
Photo