Labor Minister Announces Minimum Wage Hike for Private Sector Workers

This is Beirut, 07/05 16:15 - Reading : 1 minute(s)

NSSF Labor Ministry Mohammad Haidar minimum salary private sector economy

Minister of Labor Mohammad Haidar announced on Wednesday an immediate increase in the minimum wage for private sector employees, raising it to LBP 28 million, approximately $320 at the prevailing unofficial exchange rate. The increase, which represents more than a 50% hike, is the first step in a broader wage correction plan as Lebanon continues ...