Officially: Minimum Wage is Going to be BGN 510 From January 1, 2018

Politics » DOMESTIC | December 20, 2017, Wednesday // 14:29| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Officially: Minimum Wage is Going to be BGN 510 From January 1, 2018 Източник: pixabay

The minimum wage is going to be BGN 510 from January 1, 2018. MPs decided today. This is an increase of 10.9% compared to the current year./bTV

Higher minimum wage rates will motivate jobseekers and help reduce the risk of poverty among workers. The increase reflects the government's declared priority of sustainably raising the standard of living, the government's press service noted.

The increase in the minimum wage to BGN 510 is facilitated by economic growth, sustainable GDP growth in recent years, an increase in the number of employed and the growth of the average wage in the country.

From 1 January 2018, the minimum hourly wage will be 3,07 BGN.

Domestic » Be a reporter: Write and send your article
Tags: minimum salary, wage, GDP, minimum wage
Advertisement All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria