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Bosnia's Serb Republic raises minimum monthly wage to 540 marka (276 euro)

Bosnia's Serb Republic raises minimum monthly wage to 540 marka (276 euro) Bosnian marka Source: www.vladars.net

SARAJEVO (Bosnia and Herzegovina), May 20 (SeeNews) - Bosnia's Serb Republic government decided to lift the minimum monthly wage to 540 marka ($337/276 euro) from 520 marka, it said on Thursday.

The decision to increase the minimum wage was made after consultations with representatives of employees and employers, the government said in a statement.

The Serb Republic government raised the minimum monthly wage to 520 marka from 450 marka at the beginning of 2020.

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.

(1 euro = 1.95583 marka)

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