16:45 - 11.11.2026

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November 11, Fineko/abc.az. Delivering speech at a meeting of the Parliamentary Committee, Finance Minister Sahil Babayev said that a large social package will be realized in the country in 2027 and the State Budget allocated appropriate reserve funds for this purpose.

The minister noted that the allocation of finances for their intended purpose will be carried out after the final projects are presented to the head of state and the relevant decrees are signed.

Touching upon the issue of pension indexation, Babayev recalled that this increase is calculated in accordance with the average salary for the previous year, and the exact figure will be determined at the end of January.

According to the figures for the current 10 months, growth is expected to exceed the inflation forecast and ensure an increase in the real incomes of pensioners.