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ULAN BATOR, Jan. 2 (Xinhua) -- Mongolia has raised its monthly minimum wage by 100,000 Mongolian tugriks (about 36.6 U.S. dollars), the country's Ministry of Labor and Social Protection said Thursday.
In April 2019, Mongolia's Tripartite Council, which brings together representatives of the Ministry of Labor and Social Protection, employers and trade unions, agreed to raise the minimum wage to 420,000 tugriks (about 154 dollars) from the first day of 2020, the ministry said in a statement.
Currently, roughly 1.1 million people are employed in the country, of whom about 8 percent receive minimum-wage salaries, according to the ministry.
