Bank Of Baku

Azerbaijan unveils minimum living wage and limit of need criterion for next year-EXCLUSIVE

Azerbaijan unveils minimum living wage and limit of need criterion for next year-EXCLUSIVE
# 30 October 2023 09:54 (UTC +04:00)

"Next year, the minimum living wage and the limit of the need criterion will be AZN 270 manats," it has been reflected in the draft laws "On minimum living wage in the Republic of Azerbaijan for 2024" and "On the limit of need criterion in the Republic of Azerbaijan for 2024", APA reports.

The minimum living wage and the limit of the need criterion is increased by 9,7% from AZN 246 to 270 compared to 2023.

According to the document, the limit of the need criterion for the next year will increase by 23% to AZN 246 compared to 2022. Thus, in 2023, the minimum living wage and the need criterion was equalized across the country.

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