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flag Azerbaijan's president raises pensions by $315.7M annually, benefiting 1.1M pensioners.

flag Azerbaijan's President Ilham Aliyev has announced a significant increase in pensions, allocating about $315.7 million annually for 1.1 million pensioners. flag The increase is tied to the rise in the country's average monthly salary and will be distributed automatically without any application needed. flag Additionally, the minimum pension will rise by 14.3%, from 280 to 320 manat. flag A total of $851.8 million has been set aside to benefit 3 million citizens through various social payment increases.

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