Uzbekistan, Tashkent, August 15 /Trend D.Azizov /.
In accordance with a decree of Uzbek president Islam Karimov, from August 15 the salaries of the employees of budgetary institutions and organisations, pensions, social allowances and scholarships will be increased in Turkmenistan by 1.15 times.
According to the decree, from that date the minimum amount of salaries is set at 91.53 soums per month, the minimum old-age pension and allowances for persons disabled from childhood is set at 179.02 soums and allowances for old and disabled citizens who do not have the required work experience at 109.85 soums per month.
From August 15 all kinds of premiums and bonuses to wages and pensions, as well as compensations and other payments established according to a minimum wage, will be made at the minimum wage level defined by the decree.
By Uzbekistan's Finance Minister's order adopted last week, the statements on pensions and allowances for August are drawn up with an increase by 1.075 times and with an increase by 1.15 times in September compared to August 1.
Expenditures related to the increase of budgetary institutions and organisations employees' wages, pensions, allowances and scholarships are made at the expense of the country's State Budget and Off-budget Pension Fund under the Ministry of Finance.
Cost accounting associations, enterprises and organisations will carry out wage increases in accordance with the minimum wage by increasing production efficiency and reducing labour costs.
Previous increases in the minimum salaries by an average of 1.1 times were made in Uzbekistan on December 1, 2012. At that time the minimum wage was set at $79,590 soums per month. The minimum old age pension and allowances to the disabled from childhood was set at 155,670 soums, benefits for the old and disabled citizens who do not have the required work experience will be set at 95,520 soums per month.
The official exchange rate for August 15 is 2115.36 soum/$ 1.
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