Ministry Raises 2.2b Br for Social Security

October 10 , 2020


Ministry Raises 2.2b Br for Social Security

A total of 2.2 billion Br was raised from social security during the first quarter of this fiscal year, according to the Ministry of Labor & Social Affairs, which has widened its reach and registered 1,592 private companies to cover social security costs for 17,838 employees. The Ministry was also able to issue a work permit for 5,841 non-nationls and generated 7.8 million Br from the service during the reporting period. It is also working on digitising the process of giving work permits in collaboration with the Ministry of Innovation & Technology. "We're working on improving the minimum wage in the country," said Ergoge Tesfaye (PhD), minister of Labour & Social Affairs, during the briefing held last Friday, October 9, 2020. The decrease in foreign employment due to the Novel Coronavirus (COVID-19) pandemic and inability to reach the targeted number of homeless and vulnerable people for rehabilitation were some of the challenges faced by the Ministry during this time.


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