NEWS AND EVENTS
August 27, 2015
POLITICS... Salaries in Uzbekistan to grow by 10% from 1 September
President of Uzbekistan Islam Karimov signed a decree “On increasing the sizes of salaries, pensions, stipends and social allowances” on 26 August 2015.
The document was adopted at increasing income and life standards of population, as well as strengthening social support of citizens of Uzbekistan.
According to the decree, the salaries to workers of budget organizations, pensions, allowances and stipends to students will increase by 1.1 times (10%) on the average from 1 September 2015.
The following minimum sizes will be effective in Uzbekistan starting from 1 September 2015:
salaries – 130,240 soums per month; (currency rates of CB RU from 03.08.2015 1$= 2595,52 soums )
pensions – 254,730 soums per month;
allowances for disabled from childhood – 254,730 soums per month;
allowances for elderly and work incapable citizen without the required work experience – 156,310 soums per month.
The document said that the expenses related to increasing salaries will be covered by state budget and off-budget Pension Fund under the Ministry of Finance of Uzbekistan.
The decree recommended business entities and organizations increase the salaries of their workers in line with the minimal salary, set by the document.