The National Tripartite Committee (NTC), comprising representatives from the government, employers, and organised labour/associations, has begun negotiations to determine the minimum wage for the year 2025.
The discussions, which commenced on Monday, February 3, 2025, aim to set a fair and balanced wage floor that reflects current economic conditions and the interests of all stakeholders.
These negotiations are critical, as the minimum wage serves as the baseline for wages across various sectors, particularly impacting low-income workers in both the formal and informal sectors of the economy.
The agreed minimum wage will also influence future deliberations on base pay for public sector employees, a process scheduled to follow the completion of the current minimum wage discussions.
