'Gov't Will Carefully Decide Pace of Increase in Minimum Wage'

Write : 2017-09-13 17:58:47 Update : 2017-09-13 19:34:31

'Gov't Will Carefully Decide Pace of Increase in Minimum Wage'

Finance Minister Kim Dong-yeon says the government will carefully decide the pace of increase in the national minimum wage from 2019, considering various conditions.

Kim made the remarks on Wednesday during a parliamentary interpellation session in response to a question about the minimum wage.

The minister explained the government decided to raise the minimum wage for next year by a relatively high 16-point-four percent, and acknowledged it should be raised further, but said they plan to carefully review the pace of increase after next year. 

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