Baku: Next year, the minimum wage in Azerbaijan will be 400 manats, APA reports. This increase marks a significant development in the country’s economic policies and is expected to impact various sectors.
According to Azeri-Press News Agency, the decision to raise the minimum wage has been reflected in the opinion of the Chamber of Accounts on the 2025 state budget of the Republic of Azerbaijan. The new wage represents an increase of 55 manats, or 15.9 percent, compared to the previous year. In 2024, the minimum wage stood at 345 manats, highlighting the government’s initiative to improve the financial well-being of its workforce.
The adjustment in the minimum wage is part of Azerbaijan’s broader strategy to enhance the living standards of its citizens. The change will likely influence consumer spending and economic growth, providing a boost to the national economy.