US EditionNorth Korea Bans Foreign Currency Wages, Mandates Cash Payments in Revised Labor Law
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3 Articles
North Korea bans foreign currency wages, mandates cash payments in revised labor law
North Korea revised the Labor Wages Act in May to make it illegal for workers to be paid in foreign currency. In addition, the new law deleted a section that authorized agencies, enterprises, organizations and farms to pay workers in kind and now requires them to be paid in cash. Daily NK recently obtained a portion of the Labor Wages Act, which was revised and supplemented as Decree No. Source
General Secretary To Lam directed the agricultural and environmental sectors to continue restructuring towards ecology and value-added agricultural technology exports to bring foreign currency to the country.
North Korea bans foreign currency wages, mandates cash payments in revised labor law - The Press United
North Korea revised the Labor Wages Act in May to make it illegal for workers to be paid in foreign currency. In addition, the new law deleted a section that authorized agencies, enterprises, organizations and farms to pay workers in kind and now requires them to be paid in cash. Daily NK recently obtained a […] The post North Korea bans foreign currency wages, mandates cash payments in revised labor law appeared first on The Press United | Inte…
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