Average monthly wage to increase by 52% in the coming 4 years

Average monthly wage to increase by 52% in the coming 4 years
# 12 October 2011 07:35 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. In 2015 year, average monthly wage is expected to reach AZN 590 in Azerbaijan, it was stated in the presentation “State and consolidated draft budgets of Azerbaijan for 2012” published by the Finance Ministry.

The presentation says according to prognoses prepared by the Ministry of Economic Development, average monthly wage will rise 6.3% to AZN 386.8 at the end of the year. Next year this indicator will increase by 5.5% to AZN 432.5, 5% to AZN 477 in 2013, 5.6% to AZN 530.2 in 2014, 5.85 to AZN 587.7% in 2015. Consequently, in the coming 4 years, average monthly wage is forecasted to increase by 52%.
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