Tuesday, November 6, 2018

Average pension to increase

More than 95 percent of the expenses of the State Social Protection Fund are payments to the population. Azerbaijani Minister of Labour and Social Protection of the Population Sahil Babayev said that at the expense of these payments, it is planned to increase the average pension in the country, which will be more than 240 manats ($141). The draft law “On the budget of the relevant executive body that provides social security and protection for 2019” provides for the State Social Protection Fund’s revenues and expenses at 3.93 billion manats ($2.31 billion). Read More