(MENAFN- AzerNews) By trend
The policy pursued in Azerbaijan to improve the social welfare
of the population has not temporary, but systemic character,
trend reports.
The decree 'On additional measures to improve the social welfare
of the population' signed by President of Azerbaijan Ilham Aliyev
is an integral part of the general strategy of the state, aimed at
the sustainable development of the welfare of the country's
population and the systemic nature of the transformations in this
area.
This decree envisions the start of the implementation of the
fourth package of social reforms in the country over the past five
years and the transition to a new stage of social reforms in
2023.
According to official data, the increase in pensions and
salaries [within the decree] will affect 800,000 people.
According to the decree:
- The minimum monthly wage has been increased by 15 percent from
300 manat ($176.4) to 345 manat ($202.9) from January 1, 2023.
Monthly tariff (official) salaries of employees working in the
fields financed from the state budget will be also brought into
line with this decree within a month, and an increase in wages
envisages an increase in salary at all levels of the unified tariff
table;
- Total, the increase in the minimum wage and salary of
employees working under the unified tariff table will cover 700,000
people.
- The minimum wage exceeds the subsistence minimum set for this
year (246 manat or $144.7) by 40.2 percent. According to the
decree, the minimum pension will amount to 280 manat ($164.7),
benefits and pensions will be increased.
In this regard, the Cabinet of Ministers will prepare and submit
its proposals to the head of state within ten days. Thus, the
minimum monthly pension will be increased by 16.7 percent from 240
manat ($141.1), which will affect up to 100,000 pensioners.
Over the past four years, as part of social reforms, the minimum
wage has been increased by 2.7 times from 130 manat ($76.4) to 345
manat ($202.9), and the minimum pension - by 2.5 times from 110
manat ($64.7) to 280 manat ($164.7).
In total, an additional 750 million manat ($441.1) is envisioned
for new increases in social payments this year, which will cover
1.9 million citizens.
The above demonstrates the scale of the steps taken in recent
years and the significance of the decree of January 5, 2023.
Complex economic processes are taking place in the world, food
security is under threat. Against the backdrop of economic turmoil
from global geopolitical developments, special attention is paid to
the steps taken for the dynamic development of the Azerbaijani
economy, improving the social welfare of the population.
Naturally, to implement such a large-scale social package, there
must be a strong economy and a stable financial system. In
connection with the stability of these pillars in Azerbaijan, on
which the country's economic stability is based, the state is
taking serious steps to strengthen the social protection of the
population. Otherwise, against the backdrop of global tensions, it
would be impossible to allocate significant funding to improve the
social welfare of the population.
It becomes clear that under the leadership of President Ilham
Aliyev, the funds received from economic projects are being spent
in an efficient direction, and the main goal is to protect
Azerbaijan's national security and improve the social welfare of
the population. Development in both directions deserves the highest
appreciation.
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Tags: azerbaijan social welfare
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