Review Period for New Minimum Wage in TRNC Extended to 10 Days
A period of objections has commenced in Northern Cyprus regarding the new minimum wage, with a 10-day allocation for debates.
Yesterday, an extraordinary session of the Council of Ministers convened in the TRNC to discuss the minimum wage, set to be enforced from May 1, 2024, and published in the "Official Gazette." Alongside this decision, interested parties were granted a 10-day window to submit objections.
As a reminder, the Commission for Determining the Minimum Wage decided, by a majority vote, to establish the minimum wage at 29,640 Turkish lira (34,070 Turkish lira post-tax deduction). This translates to 7,862.30 TL per week, 1,572.46 TL per working day, or 196.55 TL per hour. This increase represents a 23.5% raise.
While representatives of the government and workers reached a consensus on this decision, the employers' side voted against the raise.
Read more: Understanding the recent fluctuations in Northern Cyprus's minimum wage.
You may also be interested in:
- Household gas becomes more expensive in Northern Cyprus: price of 10-kilogram cylinder rises by 55 lira
- The Association of Physicians of the Turkish Republic of Northern Cyprus calls on patients to personally contact the Minister of Health due to a shortage of medicines
- 121 Units of Blood Collected at EMU in Northern Cyprus
- In Northern Cyprus, there are calls for parliament to legalize the right to conscientious objection to military service
- North Cyprus to participate in Miss Friendship International 2025 in China
