Bank Of Baku

Poverty level decreased by 5 times during past 8 years in Azerbaijan

Poverty level decreased by 5 times during past 8 years in Azerbaijan
# 19 January 2012 15:12 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Number of pensioners made 1.278 mln as at the end of 2011 and average pension amount reached AZN 145.2.

State Statistical Committee says as of the end of 2011, 306,800 persons received social benefit, 34,300 persons – pension for special services and 547,800 members of 122,000 families – addressed state social assistance.

Poverty level dropped 1.5 percentage points to 7.6%. Note that, poverty level decreased by 5.2 times during past 8 years.
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