Baku: Next year, the minimum pension amount in Azerbaijan is expected to be 280 manats, APA reports. Noted that this was reflected in the opinion of the Chamber of Accounts on the 2025 state budget of the Republic of Azerbaijan.

According to Azeri-Press News Agency, the forecasts for 2025 indicate that the ratio of the minimum pension amount to the minimum wage amount, set at 400 manats, is expected to be 70 percent. This adjustment in the pension scheme is part of the government’s broader financial planning for the upcoming fiscal year, aiming to balance economic growth with social welfare.

The decision to set the minimum pension at this new level is seen as a strategic move to ensure that retirees and pensioners maintain a reasonable standard of living, especially in the context of rising living costs. The Chamber of Accounts’ involvement suggests a thorough evaluation process was undertaken to arrive at this figure, reflecting the state’s commitment to fiscal responsibility while addressing social needs.