Venezuela’s Maduro Hikes Minimum Wage Again, This Time by 275%
October 14, 2019 Venezuela’s President Nicolas Maduro ordered a 275 percent increase in the monthly minimum wage on Monday, the third hike this year, as hyperinflation drains the value of workers’ salaries. The minimum wage rose to 150,000 bolivars ($8) from 40,000, lawmaker Francisco Torrealba, a former labor minister and close ally to the socialist […]
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