The 'Erdoğan' detail regarding the date the minimum wage will be announced: Days left until the new year...

Millions of citizens are locked onto news about the minimum wage that will be in effect in 2024. It is claimed that President and AKP Chairman Recep Tayyip Erdoğan will announce the new minimum wage after the cabinet meeting.

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All eyes are on the Minimum Wage Determination Commission and government officials for the minimum wage that will be in effect starting in 2024.

A striking claim has been made regarding the minimum wage, which directly and indirectly affects millions of citizens.

According to a report by Hüseyin Gökçe from Ekonomim, if a consensus is reached that is accepted by all parties, the result will most likely be announced by AKP President Recep Tayyip Erdoğan following the cabinet meeting expected to be held on Wednesday.

AKP'S AKBAŞOĞLU: 'I THINK IT WILL BE ANNOUNCED ON FRIDAY'

Although the expectation that the minimum wage will be announced by Erdoğan prevails, the minimum wage, which was set at 11 thousand 402 liras for the second half of 2023, was announced by the Minister of Labor and Social Security Prof. Dr. Vedat Işıkhan.

Participating in a television program, Akbaşoğlu said, “Two meetings have been held regarding the minimum wage. In the previous period, the minimum wage was determined twice due to the pandemic. In this process, it will be determined annually. Labor and employer unions have important missions in determining the minimum wage. Here, our ministry acts like an arbitrator. I think it will be announced on Friday. We have never allowed those on minimum wage to be crushed by inflation, and we will not. We also have to support our employers. We are currently providing a 500 TL premium support,” he said.

WHAT WILL IT BE AT WHAT PERCENTAGE?

A minimum wage increase of at least 30 percent and at most 55 percent is under consideration. If the minimum wage is increased by 30 percent, it will rise to 14 thousand 822 liras; if it is increased by 35 percent, it will rise to 15 thousand 392 liras. With a 40 percent raise, it will be 15 thousand 962 liras; and with a 45 percent increase, it will be 16 thousand 532 liras. If a 50 percent raise is applied, it will exceed 17 thousand liras.