Bekteshi: Minimum wage 22,500 denars in March
Skopje, 14 November 2023 (MIA) — Minister of Economy Kreshnik Bekteshi announced in a social media post that the national minimum wage in March will be 22,500 denars [EUR 365].
"As of March 2024, the lowest salary in the country will be 22,500 denars. More than double the minimum wage in 2017," Bekteshi wrote on Facebook.
The minimum wage currently stands at 20,175 denars [EUR 327].
In March 2022, the Minimum Wage Law was amended to include a new methodology pegging the minimum wage to 57 percent of the average income and reflecting 50 percent of the increase in living costs and 50 percent of the wage growth over the past year.
The national minimum wage was introduced in 2012 with the adoption of the Minimum Wage Law. It was 8,050 denars [EUR 130] at the time. mr/
