TIRANA (Albania), December 18 (SeeNews) – Albania’s government said it has approved a decision to increase the minimum gross monthly wage in the country by 4,000 leks to 30,000 leks ($290/240 euro).
The increase will be obligatory for both the public and private sector starting from January 1, the government said in a press release on Wednesday.
The government last increased the minimum wage to 26,000 leks almost two years ago.
Albania's average gross monthly wage increased by 1.8% year-on-year to 52,815 leks ($515.5/425.8 euro) in the third quarter of 2020, after rising by 2.9% in the previous quarter, the statistical office said earlier this month. The average gross wage in the public sector amounted to 64,334 leks, while in the private sector it totalled 47,486 leks.
(1 euro = 122.312 leks)