Little wage in northern Macedonia to be raised is unknown

Little wage in northern Macedonia to be raised is unknown

The Northern Macedonia Finance Ministry does not reveal whether it has calculated how many means will be collected from personal tax with the new measure of contributing subsidies and if that amount exceeds the figure of the previous 40m euros. As a result, it remains unclear whether this measure will bring [...]

“Any subvention or support of companies that are registered and work legally is good and to say goodbye, but whether it will produce this effect, I don't believe it will give, and again we don't believe it will affect those who work in the grey zone, because for them to have effect, they should first enter the system as registered, and then they can pay or increase their salaries”, said Danela Arsovska chairman of LO.

The growth of the minimum wage has already been set for October of this year, but how many will be unknown.

Economy Minister Kreshnik Bektesh first announced that he would reach 15,500 denars, but later rejected it. However, no ministries -- both finance and labour and social policy -- have indicated how much growth will be.

By the League of Economic Odas, they say any artificial growth of the minimum wage will negatively affect the private sector.

The artificial growth of minimum wages in this case causes a lot of impact, especially in that it is necessary to know that in years of this turbulative year that he had business that is the movement of the economy in Macedonia, he needs to be very careful, given that productivity in the private sector has not increased, while every time the productivity has not grown, we should not expect to have higher salaries or profits- said Dan Arsovska, head of LOE.

Some economists, as they have not yet seen the details of the government's recent measures, refused to comment on cameras.

However, they say it is possible for the state to pay contributions for the money paid in the envelope to fulfil the promise of an average salary of 30,000 denarius. Mathematics is because the average salary currently is 24,700 denars, and if the employer decides to raise the salary by 6,000 denars because in the next three years it would be free from contributions, the average salary would reach 30,000 denars.

However, these two government decisions also have risks and it is possible to reduce wages in the coming period until these measures come into force, as well as again to privilege employers who have not paid taxes and to negatively influence the textile and leather industries. /Alsat/

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