CETU has been advocating for these changes to address the challenges posed by inflation, poverty, and the absence of a minimum wage faced by the population. Kasahun expressed gratitude for recognizing longstanding problems, emphasizing that the PM did not dismiss the importance of a minimum wage or deem employment tax reduction impossible. Regarding minimum wage, the Council of Ministers will introduce a new regulation to establish a Wage Board. CETU’s request to reduce employment tax is motivated by its impact on the declining purchasing power of citizens. The current income tax provisions, revised in 2016, only exempt salaries below 600 birr per month from employment tax.

Source: Ethiopian News September 02, 2023 18:47 UTC