WITH effect from July 1, 2013, $35,000 will be the new national minimum wage in Guyana, Head of the Presidential Secretariat, Dr. Roger Luncheon announced yesterday.
Speaking at his weekly post-Cabinet press briefing at the Office of the President, New Garden Street, Georgetown, he said the initiative was strongly supported at the level of the tripartite committee of government, organised labour and the private sector.
He explained further that $8,000 would be the equivalent for weekly paid workers
and $200 per hour would be the equivalent for hourly paid workers.
“Cabinet noted that since 1977 when the public service minimum wage was promulgated, that a national minimum wage was not in existence in Guyana. This initiative was long overdue and enjoys the strong support of Cabinet for its implementation with effect July 1,” Dr. Luncheon said.