Salaries to be increased in Azerbaijan


September 9, Fineko/abc.az. The factors that were taken as a basis for forecasting State Budget expenditures for 2022-2025 have been published.

ABC.AZ reports that this is stated in the “Macro-fiscal structure for 2022-2025 and the review & disclosure of preliminary indicators of state budgets for 2022” prepared by the Ministry of Finance of Azerbaijan.

The document says that the main directions of State Budget expenditures are determined on the basis of national spending priorities in accordance with the medium-term resource package. In 2022-2025, State Budget expenditures will be used to finance the areas of defense and security, social security, healthcare, education, as well as to service the public debt and support the sustainability of economic growth.

One of the factors that was taken into account when forecasting treasury expenditures is the increase in wages by bringing them in line with labor productivity.