This spring we will launch the new economic plan, we will launch the second wave of reforms and today I tell you that from 1 January 2021 the minimum wage will be 30.000 Lek
The minimum wage in Albania will be 30.000 Lek (about 243 euros). The Prime Minister announced it Edi Rama al Election Congress of the Socialist Party held a Tirana Saturday February 29 2020.
The prime minister said that the new economic plan, which foresees a second wave of economic reforms, will be made public this spring. Regarding the minimum wage, the Prime Minister said that from 1 January 2021 it will be 30 thousand Lek.
“We have created the basis for a new economic development, in order to have a significant volume of foreign investments. This means an increase in real employment and not only, but also for an increase in wages for those working in the private sector starting from the increase in the minimum wage. We could not do it yesterday and believe me, if the earthquake of November 26, (God forbid!), Had happened on November 26 2013, not only would we not have rebuilt, but we would have fallen into the pit together with those who sadly lost their lives, as state and as an economy, as a society and as a perspective.
But precisely for this reason, even if we had to face an earthquake in November last year, today we are not only able to cope with the tragic consequences of that earthquake, but we are also able to talk about a new economic leap, which will be the physiognomy of our third term. For this reason, it is our duty to transform 2020 into an example of governance, to prove to people who saw our end with the earthquake, that there is the source of our strength right there, to go beyond the earthquake to bring the country to a new level of economic and social development.
This spring we will launch the new economic plan, we will launch the second wave of reforms and today I tell you that from 1 January 2021 the minimum wage will be 30.000 Lek. It is only the first step. There will be no more and we will no longer allow in Albania, the people who are hired and receive less than 30 thousand Lek " stated the Prime Minister in his speech.
The minimum wage is currently at 26.000 Lek (211 euros)
Trade unions in the country have proposed raising the level to 36.000 Lek. This request was made late last year while discussing this year's budget. According to the unions, raising the minimum wage would allow for stability of the labor market and stability of the social security system and would curb immigration or asylum seekers in EU countries.
But will it be enough to stop the continuous bleeding with an increase of only 4000 Lek?
This is to be seen in the near future. In any case, it seems a late move as already today in some sectors, such as personal services and construction, the hiring of people coming is increasing from countries of Africa or Asia , because the local workforce is starting to run low.
It is for this reason that Parliament on February 12, 2020 approved changes to the foreigners law to facilitate entry procedures for foreigners wishing to find a job in Albania.
Follow Albania News on Google News