Naharnet

Wage and transport stipend hike approved for private sector

Caretaker Labor Minister Mustafa Bayram announced Friday that it has been decided to approve a hike of an LBP 1.9 million on the wages of the private sector and to increase the transportation allowance from LBP 95,000 to LBP 125,000.

The decision was taken in a meeting for the country’s Consumer Price Index Committee.

“We will press to approve this hike for the public sector,” Bayram added, noting that “tuition grants have been doubled.”

“What we achieved today obliges the National Social Security Fund to carry out adjustments related to hospitalization, medicines and maternity,” the minister said.

Source: Naharnet


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