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Poland wants to boost its minimum wage by 20% — and it’s got economists worried

Poland's government has proposed a more than 23% increase in the national Minimum Wage, a move that economists are worried will exacerbate double-digit inflation. The monthly minimum wage, which is already set to increase from July 1, will rise to 4,242 zloty in January 2024 and 4,300 zloty in July 2024. The government is seeking a third term in office, and the latest polling gives the ruling Law and Justice party a slim lead over the Civic Coalition. The increase in the minimum wage is part of the government's plans to help people cope with the increased cost of living.

The post Poland wants to boost its minimum wage by 20% — and it’s got economists worried appeared first on Balanced News Summary.



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Poland wants to boost its minimum wage by 20% — and it’s got economists worried

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