Azerbaijan's 2027 budget draft raises birth benefit to 1,500 manat

Azerbaijan's 2027 budget draft raises birth benefit to 1,500 manat
Photo: Day.az

Azerbaijan's draft state budget for 2027 envisages increases in a number of social benefits and payments. Day.Az, citing Xəzər TV, reports that the draft projects a sharp rise in the allowance paid when a child is born. In 2026, a one-time payment of 600 manat was made for each newborn child. Under the draft, from next year this amount will rise by 900 manat to 1,500 manat.

Finance Minister Sahil Babayev said that the funds allocated to social protection and social security in the 2027 state budget aim to improve the welfare of the population. Insured mothers with children under three will also receive 100 manat per month. Previously, this amount was 37 manat 58 qapik.

The average funeral payment for pensioners is expected to rise from 946 manat to 1,200 manat, and for insured persons from 590 manat to 700 manat. For serving and reserve military personnel with 20 or more years of service, 15 million manat has been allocated for housing and other essential costs. For rented accommodation, 14.7 million manat is planned as compensation.

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

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