Azerbaijan's 2010 public budget not to cut funds on social needs: chairman of parliamentary committee
Azerbaijan, Baku, Oct. 14 / Trend , A.Huseynbala/
According to the chairman of the Azerbaijani Parliamentary, the 2010 draft budget will not cut funds for social needs.
"We even do not rule out the possibility that the amounts provided for social welfare would be increased somewhat," the Chairman of the Azerbaijani Parliamentary Committee on Social Policy, Hadi Rajabli told journalists on Oct. 14.
Rajabli said in 2010, it is also expected to increase pensions. "Under the law on "Pensions", at least once a year, a pension base should be increased, but the insurance part - indexed. I think that in the coming year, the provision of the law will be respected," said the chairman of the committee.
He said one cannot yet say that in 2010, a serious pension reform will take place. The chairman of the committee did not rule out to reduce costs in the 2010 public budget due to the global financial crisis.