Tag: Venezuela minimum wage

• Sunday, December 11th 2022 - 07:59 UTC

  Venezuela's minimum monthly wage back below US$ 10

  

  Venezuela's Bolivar fell 17% against the US dollar from less than a week ago, leaving minimum monthly pensions and wages at around US$ 9.20, it was reported in Caracas Friday. Set at 130 bolivars in March, incomes went down 69% this year.

• Monday, May 2nd 2016 - 05:56 UTC

  Maduro announces 30% increase in the minimum wage

  

  Venezuela's president Nicolas Maduro has ordered a 30% increase in the minimum wage, the latest move by the socialist government to grapple with high inflation and economic stagnation.