. Last Updated: 07/27/2016

Uzbekistan Costs Rise

TASHKENT, Uzbekistan () -- Uzbekistan's authoritarian leader has decreed whopping increases in wages and pensions but even bigger cost hikes for transport, utilities and housing, a news report has said.

Under a decree by President Islam Karimov, wages, pensions, scholarships and allowances rose by an average 40 percent beginning Monday, Interfax said Monday, citing the president's press service. The minimum wage in the Central Asian country rose to 400 sums ($11) while the minimum pension went up to 900 sums.

At the same time, public transport fares were raised by 50 percent while prices for bread increased by 40 percent and milk by 30 percent. Charges for electricity, housing payments and rent rose by an average of 80 percent to 100 percent, Interfax said.