POLITICS
UNDP TO ASSIST AZERBAIJAN TO IMPROVE PENSION SYSTEM
Chairman of the Fund Salim Muslimov particularly noted comprehensive assistance of the World Bank, International Monetary Fund and UNDP to the work implemented with the purpose of improvement of the pension system in Azerbaijan, using the experience of developed countries. He stated that this project, to be implemented in the frameworks of “Information and Communication Technologies for development” program of UNDP would create wide possibilities for professional, transparent and timely implementation of tasks. Computerization of the pension system and creation of perfect database are the main part of the project. Pensioners, payers and employers will be included to the created database. First stage of the project will be implemented in the Northern region of Azerbaijan and Absheron.
UNDP Resident Coordinator Marco Borsotti particularly stressing the purposeful activity of the State fund for social protection for introduction of civilized and perfect pension system, expressed his confidence that Azerbaijan successfully implementing National strategy of Information and Communication Technologies, will become soon the leading state of the region in this field.
USD400 thousand for the implementation of the project, the total budget of which is USD700 thousand, will be transferred to the account of the budget of State fund for social protection by the Azerbaijan Government while USD300 thousand - by UNDP.