Azerbaijan sets 2027 subsistence minimum at 314 manats
Azerbaijan's draft 2027 state budget sets the nationwide subsistence minimum at 314 manats, up 14 manats from 2026.
The draft law on Azerbaijan's state budget for 2027 defines the subsistence minimum and the need criterion threshold. Under the draft, the nationwide subsistence minimum for 2027 will be 314 manats, with 334 manats for the able-bodied population, 258 manats for pensioners, and 274 manats for children. The need criterion threshold is forecast at 314 manats as well. For comparison, in 2026 these figures stood at 300, 317, 245, and 260 manats respectively. This means the nationwide subsistence minimum will rise by 14 manats in 2027.
More news
Employee rights during layoffs in Azerbaijan: notice periods and severance pay
Economist Emin Sattarov explains Azerbaijan's Labor Code rules on notice periods and severance payments for employees facing staff cuts.
AKBA: Microfinance Firms Issued 65 Million Manat in Bonds Over the Past Year
Orkhan Baghirov, chairman of the Azerbaijan Capital Markets Association (AKBA), said microfinance organizations issued only 65 million manats worth of bonds on the exchange over the past year, despite the market's potential being roughly 24 times larger.
Azerbaijan's State-Guaranteed Debt Falls 24% in Nine Months
As of October 1, Azerbaijan's state-guaranteed debt stood at 7.886 billion manats (5.7% of GDP), down 24% from the start of the year.