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North Korea bans foreign currency wages, mandates cash payments in revised labor law

HomeNewsNorth Korea bans foreign currency wages, mandates cash payments...

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

November 11, 2025 at 07:40AM

by DailyNK(North Korean Media)

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