The average monthly pension is projected to be 640 manats next year.
elchi reports that this was stated by Member of Parliament Musa Guliyev during the discussion of the 2027 state budget and the State Social Protection Fund budget.
“The increase in salaries, pensions, and benefits will serve to improve social welfare. The President Ilham Aliyev’s announcement at the VIII Congress of the New Azerbaijan Party about the increase in salaries, pensions, benefits, and scholarships is of great importance in terms of strengthening the social protection of the population. The economic successes achieved by the country in 2026 have created a favorable ground for the continuation of social-oriented budget policy in 2027. The planned increases will contribute to the rise in the population’s income and the improvement of their social welfare. The average monthly pension is projected to increase by 45 manats next year, reaching 640 manats,” Musa Guliyev noted.