The Azerbaijan State News Agency

ECONOMY

WORLD FINANCIAL CRISIS NOT TO CAUSE PROBLEMS IN PENSION PAYMENTS

The world financial crisis will not cause any problems to financing pensions in Azerbaijan in 2009, according to the Chairman of the State Social Protection Fund Salim Muslumov.

Muslumov stressed unlike CIS states the manat exchange rate strengthened. The minimum pension rose to $93.4 while in Armenia it makes up $22.

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