EL UNIVERSAL
CARACAS, Wednesday April 27, 2005 | Update
Chávez announces minimum wage increase to USD 188.61
President Hugo Chávez Wednesday said the minimum wage would
increase to USD 188.61 in May, adding that from now on the minimum
wage for rural workers would be the same as for urban workers.
This represents a 26.07 percent increase.
Chávez explained that for companies with less than 20
workers, minimum wage would be USD 172.88. The salary for apprentices
would increase to USD 141.45.
Altogether, this move is to benefit 1,749,693 public workers
and pensioners.
On the Cover
IISS: The FARC financed Chávez before 1999
10:07 AM. DIPLOMACY. Admired by the Colombian guerrilla after his coup attempt in 1992, the then lieutenant colonel Hugo Chávez Frías received financial support by the Colombian Revolutionary Armed Forces (FARC) for his projects after his capture that year. This mostly explains the relationship and "debt" between the parties, as revealed by a paper of the International Institute for Strategic Studies (IISS) of the United Kingdom.
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