Kazakhstan Plans to Increase Minimum Wage to 110,000 Tenge by 2027

Kazakhstan plans to raise the minimum wage from 85,000 to 110,000 tenge starting in 2027, potentially affecting 1.8 million people. This increase could also impact the maximum limits for social payments related to childcare, unemployment, and maternity, as well as social contributions and pension deductions. Economists caution that wage growth may not fully restore purchasing power and could add pressure on prices.

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