ESG Risk Monitor
November 25, 2023 - 8:17 pm

AKP Implements Regulations Despite Budget Deficit and Earthquake Costs, Increases Minimum Pension and Hints at Minimum Wage Increase before Election

Vulnerable Groups
ESG Risks
  • Inappropriate Remuneration

Report: The ruling AKP party, which has faced disappointing results in surveys, is implementing regulations that require additional resources despite the 202.8 billion lira deficit in the budget in the span of two months and the 104 billion dollar cost of the earthquake. As a result, the minimum pension has been increased to 7 thousand 500 lira. This is a…

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