Minimum living wage to be increased in Azerbaijan up to AZN 212 in 2024

Minimum living wage to be increased in Azerbaijan up to AZN 212 in 2024
  • Clock-gray 12:54
  • calendar-gray 24 December 2020

Minimum living wage in Azerbaijan will be increased up to AZN 212, as well as AZN 225 for able-bodied population, for pensioners AZN 176  and for children AZN 190 in 2024, APA-Economics reports citing "Concept and forecast indicators of economic and social development of the Republic of Azerbaijan for 2021 and the next 3 years" included in the budget package for 2021.

It has been noted that minimum living wage is forecasted to be AZN 196, as well as AZN 207 for able-bodied population, for pensioners AZN 162  and for children AZN 175 in the state budget for 2021.

Minimum living wage will increase up to AZN 201, as well as AZN 213 for the able-bodied population, for pensioners AZN 166, and for children AZN 180 in 2022.

These indicators are forecasted to be relevantly AZN 207, AZN 219, AZN 171, and AZN 185 in 2023.

APA-Economics

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