NEWS

Turkey hikes public wages by 25%

Turkey hikes public wages by 25%

The wages of active and retired public servants will be increased by 25%, Turkey’s President Tayyip Erdogan said on Tuesday, after annual inflation fell to around 64% due to base effects.

Speaking at an event in Ankara, Erdogan said the government saw inflation, which hit to its 24-year-high in October, falling further in 2023. [Reuters]

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