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Turkey Bumps Up its Minimum Wage by 55%


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The global laboratory of fiscal policy has had quite a year, but no nation is being more experimental than inflation-ravaged Turkey.

On Thursday, long-serving President Recep Erdoğan announced the nation would be increasing its minimum wage by over 55% starting in 2023. The maneuver may be motivated by politics just as much as economics for the autocratish leader.

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Source Fool.com


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