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. Last Updated: 07/27/2016

Minimum Wage Raised

MOSCOW -- President Boris Yeltsin signed a law increasing the minimum wage for state workers by 40 percent from Friday, the first government pay rise since December. The bill, which raises the minimum monthly salary for state workers to 20,500 rubles (about $10) from 14,620 rubles, was given final approval by both houses of parliament last week.