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Iran Boosts Minimum Wage Amid Protests and Economic Strain

3/17/2026

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Story summary
  • Iran's labor minister announced a minimum wage increase from 103 million rials to 166 million rials, for the next Persian calendar year.
  • The hike aims to boost purchasing power amid rising prices of basic goods after months of protests over economic hardship and sanctions.
  • The Supreme Labor Council approved the increase.
  • Protests began in December 2025 and a government crackdown reportedly caused thousands of deaths.