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Le480,000 is new minimum wage

Dr. Kaifala Marah

TALL PROMISE … Finance and Economic Development Minister, Dr. Kaifala Marah

Minister of Finance and Economic Development, Dr. Kaifala Marah, last Friday said the 2014 Appropriation Bill will aim to assist the youth, women and the working class. As a result, beginning January 2014, the minimum wage Le480,000.

Presenting the bill to MPs, Dr. Marah said the budget was the first in the five years (2013-2015) timeline of the ‘Agenda for Prosperity’ that charts the way to collective prosperity and the attainment of a middle income level status by the country. He added that the budget offers new opportunities in the country’s national economic development.

The Finance Minister described the budget as “a pro-poor” that diversifies the economy, and ensures that Sierra Leone competes globally, while also accelerating the country’s human development.

The Finance Minister further opined that the budget would help capacitate the Labour Commission, which in turn will boost employment of the youth, bolster the standards of education and strengthen the health sector, with particular emphasis on lactating mothers and the reproductive health sector in the country.