President Said that 200 mln. AZN to Be Allotted to Increase Minimal Wage in Azerbaijan

Politics Materials 21 December 2006 17:28 (UTC +04:00)

Azerbaijan President Ilham Aliyev said today during his speech in the Superior Majlis of Nakhchivan Autonomous Republic of Azerbaijan that 200 mln. AZN are expected to be allotted from the State Budget to ensure the advance of the minimal wage in the country from 30 AZN to 40 AZN and that it will cover 630,000 people, Trend Special Correspondent reports.

The Head of the Azerbaijani State said that Nakhchivan Autonomous Republic is of a strategic importance to Azerbaijan and that the region is rapidly developing.

We have provided Nakhchivan with gas. Presently, the second state is underway. Several new electric power stations have been constructed. In the future, the Autonomous Republic will not only provide itself with electric power, but it can even export it, said the President of Azerbaijan.

According to him, in 2007, the Budget of Nakhchivan Autonomous Republic will reach 161,818 mln. AZN ($180 mln.).

We are reinforcing the military potential of the region and will keep on doing it in the future, said the President.