Ministry of Economic Development has announced the ministry aims to declare the minimum wage for employees before the end of this year.
The ministry said efforts are currently ongoing to declare a minimum wage by establishing an advisory board under Article 59 of the Employment Act of Maldives. To declare a minimum wage for the first time in the Maldives, Economic Ministry said it is collecting information and conducting relevant surveys.
In addition to that, a road map has also been set as the minimum wage is completely new to the Maldives, according to the ministry.
President Ibrahim Mohamed Solih formulated a board to counsel economic ministry on determining minimum wage, last May.
The five-member board established to counsel Minister of Economic Development Fayyaz Ismail on finding out minimum wage consists of a representative of the government, two representatives on behalf of employers and two representatives on behalf of workers.
The ministry also reported that the International Labour Organisation (ILO) provides technical assistance for the project and a workshop on minimum wage was held by a delegation of ILO.