BAKU, Azerbaijan, January 10.The 15-percent increase in the minimum wage was intended to mitigate the consequences of inflation, President of the Republic of Azerbaijan Ilham Aliyev said in his interview with local TV channels, Trend reports.
"The 15-percent increase in the minimum wage was intended to mitigate the consequences of inflation. The minimum wage has already reached 345 manats.
Are we satisfied with this? Of course not! But we are taking our own steps as much as we can. Because I want to say again that the main direction of our expenses is to restore Karabakh and Eastern Zangazur and strengthen our army potential. These two top priorities will remain as such for many years to come.
At the same time, in order to improve the social security of pensioners, the minimum pension was increased by 16.7 percent to reach 280 manats, and this process will be continued. So the experience of recent years shows that this is not a one-off step, it is a part of regular steps, and as our economic opportunities increase, similar steps will certainly be taken in the future," President Ilham Aliyev said.