Another increase in wages, pensions and benefits in Turkmenistan
President Gurbanguly Berdimuhamedov signed a decree on increasing of wages, pensions, state allowances and scholarships in Turkmenistan by 10 percent from January 1, 2018. The increase in salary from the new year will be provided to employees of institutions financed from the budget, self-supporting enterprises and public organizations, as well as pensioners, persons receiving state benefits, students and trainees. Salaries, scholarships, pensions and state allowances are raised in Turkmenistan every year since the country gained independence. According to the State Statistics Committee, wages in Turkmenistan are growing faster than consumer prices. In January-May 2017, the composite consumer price index was 103.61 percent, and the growth rate of the average monthly salary in large and medium-sized enterprises was 109 percent.
