Azernews.Az

Tuesday July 1 2025

Minister: Azerbaijan ranks first in CIS for minimum pension

16 January 2020 14:26 (UTC+04:00)
Minister: Azerbaijan ranks first in CIS for minimum pension

By Trend

Azerbaijan ranks first in the CIS in terms of minimum pension and second in terms of purchasing power of minimum wages, Azerbaijan's Minister of Labor and Social Protection of Population Sahil Babayev said at a conference on identifying priority areas of cooperation between Azerbaijan and the UN for the next five years, Trend reports.

Babayev noted that the minimum pension and salary were increased in the country, certain steps were taken in connection with overdue loans and the assignment of various types of pensions and benefits was done online.

"At the initiative of the head of state, the government is implementing major reforms in the social sphere. The minimum wage in the country has been increased by 92 percent, the minimum pension - by 72 percent, all benefits - by 100 percent," the minister said.

Babayev noted that the main activities of the ministry are consistent with the UN Sustainable Development Goals.

A conference on identifying priority areas of cooperation between Azerbaijan and the UN for the next five years is held in Baku on Jan. 16.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more