In January-February, the wage fund increased by 5.2 percent.

APA was informed about this by the Ministry of Labor and Social Protection of the Population.

It was reported that the measures aimed at increasing employment opportunities and legalizing informal employment made it possible for the dynamics of growth in the number of labor contracts to continue.

In January-February of this year, the number of labor contracts in our country increased by 7.9 thousand or 0.5 percent and amounted to 1,754,011 contracts as of March 1, 2023.

The mentioned positive results, the successive wage reforms, determine the continuous growth of the wage fund.

In the last two months, the wage fund has increased by 5.2 percent.