North Cyprus announces new minimum wage

The government of the Turkish Republic of North Cyprus has set a new minimum wage at 3,400 Turkish Lira and 2,958tl net a total of a 250 TL increase.

The Minister for Labour and Social Security Faiz Sucuoğlu made the announcement after the three and a half hour meeting was completed with the Minimum Wage Determining Commission.

Sucuoğlu said that an 8 percent increase was agreed upon after the voting process had been completed.

5 yes votes were received by state and employee representatives while the employers unions gave 3 neutral votes.

The new minimum wage will come into effect as of the 1st of August.


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