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

- Advertisement -

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)

Related Stories