From September 1, 2024, a new MINIMUM WAGE has been established in the Turkish Republic of Northern Cyprus (TRNC). The Council of Ministers published in the Official Gazette a resolution concerning the revision...
Economy
Northern Cyprus has undergone significant changes in economic policy, especially regarding the minimum wage. The commission to determine the minimum wage in the TRNC, after long debates and three...
In 2024, in Northern Cyprus, the decision of the Commission for Determining the Minimum Wage established a significant increase in the minimum wage. Its net size after deducting all taxes was 24,000 TL,...