Economic Minister Fayyaz Ismail has stated that the government intends to introduce a fair minimum wage by the end of the year.
In a tweet, the minister stated that the minimum wage will be introduced in compliance with the newly revised Employment Act. Minister Fayyaz also said that he intends to see the Industrial Relations Act and the Occupational Health and Safety Act passed by 2021.
The minister’s comments come as the Minimum Wage Advisory Board has suggested MVR 6,400 as the monthly minimum wage. The minimum wage must be enforced by the end of the year, according to the law.
While the minimum wage was originally introduced for seven industries: fisheries and agriculture, tourism, construction, transportation, health, education, small and medium enterprises, communication and technology, and information, the committee added two more before the bill was passed by parliament.
According to the board’s report, approximately 40% of the Maldivian workforce earns less than MVR 6,000 per month.
The International Labour Organization (ILO) also urged the Maldives to set a minimum wage of MVR 6,000 to MVR 6,500.