Minimum wage in Kazakhstan

Last updated

Minimum wage in Kazakhstan is set by a law that established the nationwide minimum wage. According to Kazakh sources, minimum wage in Kazakhstan in 2010 was 14592 tenge (about $38 USD) per month. After that it increased to 21364 tenge (about US$55) in 2015. The minimum Wage in Kazakhstan increased to 42500 KZT per month in 2019 [1] and to 70000 KZT per month in 2023. [2]

Related Research Articles

<span class="mw-page-title-main">Kazakhstani tenge</span> Currency of Kazakhstan

The tenge is the currency of Kazakhstan. It is divided into 100 tiyn.

<span class="mw-page-title-main">Elections in Kazakhstan</span> Political elections for public offices in Kazakhstan

Elections in Kazakhstan are held on a national level to elect a President and the Parliament, which is divided into two bodies, the Majilis and the Senate. Local elections for maslihats are held every five years.

KZT may refer to:

<span class="mw-page-title-main">BTA Bank</span> Bank in Kazakhstan

BTA Bank is a Kazakhstan bank with headquarters in Almaty. As of 2013 it was the third largest lender by assets. In 2009, BTA Bank was subject of one of the world's biggest financial frauds totaling US$5 billion.

Rudny is a city on the Tobol River in Kostanay Region of Kazakhstan. It appeared in 1957 in connection with the development of iron ore deposits, the construction Sokolovsko-Sarbai mining, and processing enterprise. Population: 109,659 ;109,515.

<span class="mw-page-title-main">Akhmedjan Essimov</span> Kazakh politician

Ahmedjan Smagululy Essimov is a Kazakh politician who served as the chairman of Samruk-Kazyna from 2017 to 2021. Prior to that, he was the director of Expo 2017 from 2015 to 2017, akim of Almaty from 2008 to 2015, Minister of Agriculture from 2006 to 2008 and 2001 to 2004, Deputy Prime Minister of Kazakhstan from 2002 to 2006 and 1994 to 1996, First Deputy Prime Minister of Kazakhstan from 1996 to 1998, Acting Head of the Presidential Administration of Kazakhstan and State Secretary of Kazakhstan in 1996.

<span class="mw-page-title-main">Karim Massimov</span> Former Prime Minister of Kazakhstan

Karim Qazhymqanuly Massimov is a politician who served as a Prime Minister of Kazakhstan from 10 January 2007 to 24 September 2012 and again from 2 April 2014 to 8 September 2016.

<span class="mw-page-title-main">Agriculture in Kazakhstan</span>

Agriculture in Kazakhstan remains a small scale sector of Kazakhstan's economy. Agriculture's contribution to the GDP is under 10% – it was recorded as 6.7%, and as occupying only 20% of labor. At the same time, more than 70% of its land is occupied in crops and animal husbandry. Compared to North America, a relatively small percentage of land is used for crops, with the percentage being higher in the north of the country. 70% of the agricultural land is permanent pastureland.

The Kazakhstan Stock Exchange is a stock exchange located in Almaty, Kazakhstan. The exchange was founded in 1993.

<span class="mw-page-title-main">Minimum wage in the United States</span>

In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws. The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional. In 1938, the Fair Labor Standards Act established it at 25¢ an hour. Its purchasing power peaked in 1968, at $1.60 In 2009, it was increased to $7.25 per hour, and has not been increased since.

<span class="mw-page-title-main">Almaty Metro</span> Rapid transit system in Almaty, Kazakhstan

Almaty Metro is a rapid transit/metro system in Almaty, Kazakhstan. The first line of the system was opened on 1 December 2011, after more than 23 years of construction. A 2.9-kilometre (1.8 mi), two-station extension of the Metro to Moskva station opened on 18 April 2015, followed by a 3.1 kilometres (1.9 mi), two-station extension to Bauyrzhan Momyshuly on 30 May 2022.

<span class="mw-page-title-main">Minimum Wage Ordinance</span>

The Minimum Wage OrdinanceCap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011. It came into effect on 1 May 2011. Prior to this, there had also been a fixed minimum wage for one specific class of workers, foreign domestic helpers, of HK$3,740/month. The Hong Kong statutory minimum wage for non-domestic workers is HK$37.5 (~US$4.83) per hour, effective 1 May 2019.

Bereke Bank (KASE:BERK) is a Kazakhstani commercial bank. The head office is in Almaty, Kazakhstan.

<span class="mw-page-title-main">Kazakhstan national football team results</span>

This page shows the Kazakhstan national football team's results in International Matches, as recognized by FIFA:

<span class="mw-page-title-main">2016 Kazakh legislative election</span>

Legislative elections were held in Kazakhstan on 20 March 2016. The date was set by president Nursultan Nazarbayev on 20 January 2016, when he dissolved the Mäjilis after it had requested dissolution on 13 January, with the reason cited being the economic crisis caused by low oil prices. Normally, the term of the Mäjilis would have expired in fall of 2016.

<span class="mw-page-title-main">Freedom Holding</span> Investment conglomerate

Freedom Holding Corp. is an investment conglomerate registered in Nevada, USA. The company provides a range of services in retail financial securities brokerage and trading, asset management, capital markets, investment research and counseling, investment banking and underwriting services, mortgages, insurance, and consumer banking. Its main area of focus is in the American stock market, as well as the markets of Central Asia, mainly Kazakhstan.

The 21st Nur Otan Extraordinary Congress was held on 28 January 2022 to elect the new chairman of Nur Otan after former President Nursultan Nazarbayev announced in stepping down from leading the largest ruling party in Kazakhstan for more than 20 years in November 2021 and the days of turmoil conflict that took place in early January. The congress was conducted remotely and attended by 389 delegates. For the first time since 1999, the Nur Otan unanimously elected incumbent President Kassym-Jomart Tokayev as its new party leader.

References

  1. "1 МРП, МЗП размеры в 2022 году в РК | Параграф Online".
  2. "Kazakhstan to raise minimum wage to 70,000 tenge". inform.kz. Retrieved 20 March 2023.