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Saudi minimum wage on cards

by Ola Galal on Monday, 28 April 2008
ON CARDS: Saudi Arabia is looking at implementing a minimum wage in certain sectors where nationals are employed, the labour minister said. (Getty Images)

Saudi Arabia is studying whether to implement a minimum wage for some sectors where nationals are employed, the kingdom's labour minister said in remarks published on Monday.

Ghazi Al-Gosaibi did not name the sectors in comments published by pan-Arab daily Asharq Al-Awsat. There were no direct quotes.

Saudi Arabia, the world's largest oil exporter, this year introduced cost-of-living allowances and welfare payments for public sector employees as it tries to offset the impact of rising inflation on its 25 million people.

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Inflation in the largest Arab economy almost doubled in the six months to March, when it hit 9.6%, its highest since at least the 1970s, official data showed on Sunday. (Reuters)

RELATED: Saudi inflation hurtles toward 10%

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