HÜDA PAR criticizes minimum wage increase as insufficient

HÜDA PAR Deputy Chairman Şahzade Demir has criticized the recently announced 30% increase in the minimum wage, deeming it insufficient to address the current economic realities.
24.12.2024 23:45:51 / English News

In a statement on X, Demir argued that the increase falls short of the actual inflation rate, which he estimates to be around 60%.

"While the revaluation rate is 43.93 percent, the rent increase rate and inflation are at 60 percent, leaving the minimum wage at 30 percent cannot be explained in any way," Demir stated. He further emphasized that this decision effectively tramples on the rights of minimum wage earners.

Demir urged the government to reconsider the increase and implement a more reasonable adjustment that reflects the true cost of living.

The new minimum wage of 22,104 Turkish Lira was announced by Minister of Labour and Social Security Vedat Işıkhan, following a previous announcement by President Erdoğan.

This criticism from HÜDA PAR highlights the ongoing debate surrounding the adequacy of the minimum wage in Türkiye, particularly in the face of rising inflation and economic uncertainty. (ILKHA)