Azerbaijan to hike minimum wage by 15.9% to 400 manats in 2025, prioritizing social spending.
Azerbaijan will raise its minimum wage by 15.9%, to 400 manats ($235.2) in 2025, up from 345 manats currently. The Finance Minister highlighted that socially-oriented expenditures are a priority in the budget, with increases for wages, pensions, and social benefits. The minimum living wage and poverty line will also rise from 270 to 285 manats. The average salary is forecast to increase to 1,080.1 manats in 2025, up 9.1% year-over-year.
November 18, 2024
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