OFFICIAL NEWS
DECREE OF THE PRESIDENT OF THE REPUBLIC OF AZERBAIJANON MINIMAL MONTHLY PAY RISE
extensively improve peoples’ welfare. In particular, the recent rise of pensions and pay of employees of enterprises and organizations, financed by the state budget, plays an important role in improvement living standards of the population.
Taking into account the significance, along with pay and pensions rise, as well as minimal monthly pay rise for strengthening of social security of poor people and for further increase of state’s care about them, I decree:
1. To rise minimal monthly pay from 27500 to 45000 manats, rising it up to 45000 manats till September 1, 2003 and up to 60000 manats starting on January 1, 2004.
2. Cabinet of Ministers of the Azerbaijan Republic shall solve issues related to this Decree.
3. Decree of the President of the Republic of Azerbaijan ‘On minimal monthly pay rise’,
N 412 of October 28, 2000 shall be considered invalid.
Heydar Aliyev
President of the Republic of Azerbaijan
August 4, 2003