Ilham Aliyev: New wages can be seen as compensation for rise in bread prices


January 13, Fineko/ The price of grain and wheat has risen sharply in the world. Our main supplier is the Russian side because we buy the cheapest wheat from Russia.

ABC.AZ informs that President Ilham Aliyev stated about this in an interview for local TV channels.

The head of state emphasized that both prices and export duties have risen and continue to rise there.

“Of course, we could not artificially keep the price of bread at the previous level. Taking this into account, we are also strengthening the regulatory function of government agencies so that there are no artificial price hikes or speculation in this area. At the same time, a very large social package has been implemented. As you know, the minimum wage has been increased by 20 percent, the minimum pension by 20 percent, pensions and social benefits have also been increased. In total, it cost the budget 1.5 billion manats and covers more than 2 million people. We believe that the new wages can be seen as a compensation for the rise in bread prices, and this is not the first time this step has been taken,” the Azerbaijani leader said.