Bill on Monetary Pay Growth Adopted

Bill on Monetary Pay Growth Adopted

The government of Kosovo at today's meeting has adopted the Bill for the Minimal Pag. Following this vote in the government cabinet and later in the Assembly, the way also opens to the rise of the minimum wage in Kosovo, which has so far been only 130 to 170 euros for several categories. The minimum wage in Kosovo does not [...]

Following this vote in the government cabinet and later in the Assembly, the way also opens to the rise of the minimum wage in Kosovo, which has so far been only 130 to 170 euros for several categories. The minimum wage in Kosovo has not changed since 2011.

Under this bill, the minimum wage in Kosovo will now be 264 euros gross, while net will be exactly 250.

Prime Minister Albin Kurti also suggested that, by this law, salaries up to 250 euros will be released from pay tax fees.

He had said earlier that the minimum wage increase is expected to benefit over 100,000 workers in the country.

Iron Murati, Minister of Finance, Labour and Transfers at this meeting, said the adoption of the minimum wage bill also contributes to the country's economic growth and productivity of workers in the workplace.

Meanwhile, with the adoption of this bill, tax rates for higher wages are expected to change than 250 euros.

After adopting this bill in Government, the same must be adopted in the Kosovo Assembly.

Under the Parliament's regulation, the first review of a bill cannot be done without two weeks' work, but neither later than four weeks of work, from the day of its distribution.

After that, the law is turned into a review of parliamentary commissions, and later it is submitted to the Parliament with recommendations on the bill in question within two months of first review, or five working days before the second review at the plenary meeting.

Unlike the European Statistics Agency earlier, the minimum wage in Kosovo had been named the lowest salary in Europe.

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