Mar 15 β€’ 23:15 UTC πŸ‡³πŸ‡¬ Nigeria Punch

Iran announces 60 percent minimum wage hike – Local media

Iran's government has declared a more than 60 percent increase in the minimum wage amid ongoing economic difficulties and recent protests.

Iran's Minister of Labour has announced a substantial increase in the minimum wage, raising it by over 60 percent, according to local media reports. The adjustment comes in response to widespread public discontent stemming from severe economic challenges, exacerbated by international sanctions and ongoing geopolitical tensions involving the United States and Israel. As part of the changes, the new monthly minimum wage will rise from 103 million rials to 166 million rials in the upcoming Persian calendar year, which begins shortly.

πŸ“‘ Similar Coverage