Azerbaijan's average wage forecast to reach 1,288.3 manat in 2027

Azerbaijan's average wage forecast to reach 1,288.3 manat in 2027
Photo: Modern.az

Azerbaijan's average monthly wage is projected to reach 1,288.3 manat in 2027, an increase of 8.7 percent. Modern.az reported that the figure appears in materials on the draft 2027 state budget, which was discussed by the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis, the National Assembly.

The forecast was also taken into account when calculating personal income tax revenues for the coming year. Budget receipts from personal income tax are expected to rise 29 percent to 3.07 billion manat.

The article notes that 1,288.3 manat is a national average monthly wage forecast and does not mean that every employee's salary will rise to that amount.

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This story was automatically summarised and translated from Modern.az. All rights to the story belong to its source.

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