BUSINESS & ECONOMICS
1/07/09
Print this article
Email this article
The minimum wage and state pensions in Turkmenistan have increased by 10 percent as of January 1.
Workers will now receive 544 manats per month ($190) while the top-tier of regular pensions is now 484 manats per month ($170), the Interfax news agency reported January 7.
Wages and pensions are now being calculated and paid in Turkmenistans newly denominated currency, which knocks several zeros and the face of former president Saparmurat Niyazov off bank notes, the report adds.
Posted January 7, 2009 © Eurasianet
http://www.eurasianet.org
|
The Central Eurasia Project aims, through its website,
meetings, papers, and grants, to foster a more informed
debate about the social, political and economic
developments of the Caucasus and Central Asia.
It is a program of the Open Society
Institute-New York. The Open Society Institute-New
York is a private operating and grantmaking foundation
that promotes the development of open societies around
the world by supporting educational, social, and legal
reform, and by encouraging alternative
approaches to complex and controversial issues.
The views expressed in this publication do not necessarily
represent the position of the Open Society Institute and
are the sole responsibility of the author or
authors.
|
|