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Iran Increases State Employees’ Pay by 15%, Tehran Times Says

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June 14 (Bloomberg) -- Iran’s government approved a 15 percent increase in state employees’ salaries for the Iranian year that began on March 20, the Tehran Times reported, citing a top official.

The new salary levels will apply from this month, the newspaper said, citing Behrouz Moradi, the vice president for planning and strategic supervision.

Workers paid on a daily basis will get 18 percent increases, the Times said.

Iran’s government has to increase pay in line with the country’s inflation rate, which is above 20 percent, according to official figures, the newspaper said.

The report didn’t specify minimum pay rates for salaried employees or workers on wages.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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