Finance Minister announces 10% yearly increase in public sector earnings until 2026
Public servants are already receiving a 10 percent salary increase from January 1, as announced by Prime Minister Irakli Garibashvili during his pre-election campaign in 2021. Photo: Nino Alavidze/Agenda.ge
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Georgian Finance Minister Lasha Khutsishvili on Monday announced public sector earnings would increase 10 percent yearly over the next three years until 2026.
The Ministry of Finance cites the Minister on saying Monday’s Government meeting had “formed certain directions” on how to regulate remuneration of labour in public services.
Starting January 1, 2026, the basic official salary should be determined by the percentage of the average salary increase in the non-state sector during the last four quarters. Also starting from 2026, the basic official salary should be determined so that the average salary in the state sector is not less than 80 percent and more than 90 percent of the average salary in the non-state sector - that is, the range in which the average salary level in the public sector should be determined in relation to the private sector", Khutsishvili said.
The Minister added the salaries should rise from the current 74 percent of the non-state sector wage, which he called "one of the lowest rates in history", to 90 percent. He also noted the state budget bill reflecting the fresh decision would be tabled to the Parliament.
Public servants are already receiving a 10 percent salary increase from January 1, as announced by Prime Minister Irakli Garibashvili during his pre-election campaign in 2021.
Data published by the National Statistics Office in June said the average monthly salary in Georgia was up by ₾190 ($65/€63) in the first quarter of 2022, marking a 15.1 percent growth compared to the same period of last year and totalling ₾1,446 ($492/€486).
The number of individuals receiving a monthly salary higher than ₾9,600 (about $3,310/€3,149) increased by 42 percent in May year-on-year, a report published by PMC Research Centre on Wednesday showed.
The average monthly salary in Georgia went up by ₾190 ($65/€62) in the first quarter of 2022, marking a 15.1 percent growth compared to the same period of last year and totalling ₾1,446 ($495/€476), the latest data of the National Statistics Office of Georgia show.
Unemployment rate in Georgia increased by 2.1 percent in 2021 compared to the previous year and reached 20.6 percent across the country, data from the National Statistics Office of Georgia shows.
Georgian Prime Minister Irakli Garibashvili has announced at today's government meeting that starting January 2022, 'we will gradually increase the salaries of public servants', while the salaries of the mayors are planned to be doubled.
Average monthly nominal earnings in Georgia increased by ₾213.3 (about $75) in the second quarter of 2022 compared to the same period of previous year, marking a 16.1 percent increase to reach ₾1.541 (about $544), the national statistics office of Georgia said on Thursday.
A total of ₾290 million ($102mln) will be spent on increasing salary for police officers, military and security personnel in Georgia by 20 percent next year, prime minister Irakli Garibashvili said on Friday in a presentation of plans for the next year's budget at the government meeting.