Friday 24 September 2021

Minimum Wage Rises in Venezuela

Paying the bills

Latest

Legislators to begin discussion on reducing the 2022 Marchamo this Monday

QCOSTARICA - The political fractions, except that of the...

No National Census in 2022!

QCOSTARICA - The Instituto Nacional de Estadística y Censos...

Seven drivers a day go to the Prosecutor’s Office for driving drunk

QCOSTARICA - Every day, seven drunk drivers are referred...

Costa Rica has the lowest inflation in the region

QCOSTARICA - Costa Rica registered the lowest inflation in...

11 benefits of e-learning

Whether you struggle to learn in a traditional educational...

Will Paul Chaplet ever fly the flag for Costa Rica on the PGA Tour?

Life comes at you fast when you’re a teen...

What Are the Best Costa Rican Players in the MX League?

The Primera División de México, better known as Liga...
Paying the bills

Share

Venezuela raises minimum wage

Venezuela raises minimum wage

(Prensa Latina) The minimum wage will rise 50 percent in Venezuela from September 1st.
During the announcement this Saturday president Nicolas Maduro stated forward that the rise not only benefit employees but also pension beneficiaries and families receiving Socialist Missions Cards, explained the head of government during a meeting with his government cabinet at the Miraflores Palace.

The minimum wage that before was of 15,051 bolivars (1 dollar equivalent to 10 Bolivars) rises to 22,576 Bolivars, emphasized the president.

- Advertisement -

He added that with the benefit card, which now increases to 42, 480 bolivars, the whole salary is now in more than 65,000 Bolivars.

Maduro stressed that this is the third increase of this year and that if necessary will increase again by the end of the year.

The comprehensive minimum wage stood at 33,636 bolivars, after rising 30 percent imposed last May, so the new rise means an improvement of 93.4 percent of the full wages, including benefits missions.

“These are measures of war to protect a people under the economic war of the bourgeoisie and an imperialism, which believes it can kneel down ‘, denounced the Venezuelan president.

Article originally appeared at Today Venezuela Click here to go there!

- Advertisement -
Paying the bills
Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Legislators to begin discussion on reducing the 2022 Marchamo this Monday

QCOSTARICA - The political fractions, except that of the Partido Acción...

No National Census in 2022!

QCOSTARICA - The Instituto Nacional de Estadística y Censos (INEC) -...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Article originally appeared at Today Venezuela Click here to go there!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.