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Finance minister announces minimum wages to rise to NIS 6,000 a month by 2026

Finance Minister Avigdor Liberman announces plans to raise the minimum wage in Israel to NIS 6,000 ($1,910) a month by 2026, or some NIS 33 ($10.5) an hour.

The current minimum wage stands at NIS 5,300 ($1,670) or NIS 29 ($9.2) an hour.

Wages will gradually rise starting next year, as part of an agreement with major labor unions.

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