Syria announces 200% public sector wage, pension increase

Damascus: Syria announced on Sunday a 200 percent hike in public sector wages and pensions, as it seeks to address a grinding economic crisis after th...

Damascus: Syria announced on Sunday a 200 percent hike in public sector wages and pensions, as it seeks to address a grinding economic crisis after the recent easing of international sanctions.

Over a decade of civil war has taken a heavy toll on Syria's economy, with the United Nations reporting more than 90 percent of its people live in poverty.

In a decree published by state media, interim President Ahmed al-Sharaa issued a "200 percent increase to salaries and wages... for all civilian and military workers in public ministries, departments and institutions".

Under the decree, the minimum wage for government employees was raised to 750,000 Syrian pounds per month, or around $75, up from around $25.

A separate decree granted the same 200 percent increase to retirement pensions included under current social insurance legislation.