Economy of Moldova - Wages and Prices

Wages and Prices

The government influences prices through the large state-owned sector. According to the Ministry of Economy, the state regulates the prices of goods and services provided by monopolies and the prices of electric or thermal energy, land, medical services, and services offered by local tax regions. Moldova has two legal monthly minimum wages: one wage for state employees and another, higher wage for the private sector.

In 2010, the average monthly salary in the private sector was 3211 lei (equivalent of 272.11 U.S. dollars), up by 8.4% against 2009.

Read more about this topic:  Economy Of Moldova

Famous quotes containing the words wages and prices, wages and/or prices:

    The more I see of democracy the more I dislike it. It just brings everything down to the mere vulgar level of wages and prices, electric light and water closets, and nothing else.
    —D.H. (David Herbert)

    I thought a minute, and says to myself, hold on,—s’pose you’d a done right and give Jim up; would you felt better than what you do now? No, says I, I’d feel bad—I’d feel just the same way I do now. Well, then, says I, what’s the use you learning to do right, when it’s troublesome to do right and ain’t no trouble to do wrong, and the wages is just the same?
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    On the breasts of a barmaid in Sale
    Were tattooed the prices of ale;
    And on her behind
    For the sake of the blind
    Was the same information in Braille.
    Anonymous.