Free Trial

Turkey Raises Minimum Wage by 50%, Erdogan Promises TRY Stability

TURKEY
  • TURKEY RAISES MINIMUM WAGE BY 50% FOR 2022 (vs TRY 2,826 for 2022)
  • TURKEY RAISES MONTHLY NET MINIMUM WAGE FOR 2022 TO 4,250 LIRAS
  • ERDOGAN SAYS TURKEY ANNULS INCOME TAX FROM MINIMUM WAGE IN 2022
  • NOTE: More than 40% of all workers in Turkey earn minimum wage, according to the country’s Social Security Institution
  • ERDOGAN: TURKEY'S NEW ECONOMY PLAN FOCUSES ON EMPLOYMENT
  • ERDOGAN: TURKEY TO END UNCERTAINTY DUE TO PRICE INCREASES SOON
  • ERDOGAN SAYS TURKEY GOVT TO TAKE NEW MEASURES ON ECONOMY SOON
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.